Wheels Up Experience (Wheels Up Experience) Inventory-to-Revenue : 0.11 (As of Mar. 2024)

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What is Wheels Up Experience Inventory-to-Revenue?

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Wheels Up Experience's Average Total Inventories for the quarter that ended in Mar. 2024 was $21 Mil. Wheels Up Experience's Revenue for the three months ended in Mar. 2024 was $197 Mil. Wheels Up Experience's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

Wheels Up Experience's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.10) to Dec. 2023 (0.11)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wheels Up Experience's Days Inventory for the three months ended in Mar. 2024 was 9.14.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wheels Up Experience's Inventory Turnover for the quarter that ended in Mar. 2024 was 9.98.

Wheels Up Experience Inventory-to-Revenue Historical Data

The historical data trend for Wheels Up Experience's Inventory-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Wheels Up Experience Inventory-to-Revenue Chart

Wheels Up Experience Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory-to-Revenue

0.01

0.02

0.03

Wheels Up Experience Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory-to-Revenue	Get a 7-Day Free Trial											0.15	0.12	0.09	0.10	0.11

Competitive Comparison of Wheels Up Experience's Inventory-to-Revenue

For the Airports & Air Services subindustry, Wheels Up Experience's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Wheels Up Experience's Inventory-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wheels Up Experience's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Wheels Up Experience's Inventory-to-Revenue falls into.

Wheels Up Experience Inventory-to-Revenue Calculation

Wheels Up Experience's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (A: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )
=	( (53.826	+	22.262)	/	2 )	/	1253.317
=	38.044					/	1253.317
=	0.03

Wheels Up Experience's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

	Inventory-to-Revenue (Q: Mar. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Revenue (Q: Mar. 2024 )
=	( (22.262	+	20.561)	/	2 )	/	197.101
=	21.4115					/	197.101
=	0.11

Wheels Up Experience (NYSE:UP) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Wheels Up Experience's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	21.4115	/	213.655	*	365 / 4
	=	9.14

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Wheels Up Experience's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	213.655	/	21.4115
	=	9.98

Wheels Up Experience Inventory-to-Revenue Related Terms

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Wheels Up Experience (Wheels Up Experience) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wheels Up Experience Inc (NYSE:UP) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

601 West 26th Street, Suite 900, New York, NY, USA, 10001

Website

https://www.wheelsup.com

Wheels Up Experience Inc is the provider of on-demand private aviation in the United States. It is pioneering data and technology-driven solutions that connect consumers to safety-vetted and verified private aircraft. Its offerings consist of multi-tiered membership programs, on-demand flights across all private aircraft cabin categories, aircraft management, retail and wholesale charter, aircraft sales, corporate flight solutions, special missions, signature events and experiences, and commercial travel benefits through its strategic partnership with Delta.

Executives

Donald Lee Moak	director	601 WEST 26TH STREET, SUITE 900, NEW YORK NY 10001
Knighthead Opportunities Capital Management, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Certares Opportunities Llc	10 percent owner	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Andrew Stephen Davis	director	500 OLD DOMINION WAY, THOMASVILLE NC 27360
Adam Ross Zirkin	director	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Jeffrey Nedelman	director	8501 WILLIAMS ROAD, ESTERO FL 33928
Alain Bellemare	director	C/O DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574, ATLANTA GA 30320
Cantor Adam Corey	director	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Ck Wheels Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
George N Mattson	director	C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
Ck Opportunities Gp, Llc	10 percent owner	280 PARK AVENUE, 22ND FLOOR EAST, NEW YORK NY 10017
Zachary George Lazar	director	350 MADISON AVENUE, 8TH FLOOR, NEW YORK NY 10017
Mark Briffa	officer: Chief Commercial Officer	601 WEST 26TH ST. SUITE 900, NEW YORK NY 10001
Daniel C. Janki	director	5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Kristen Lauria	officer: See Remarks	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192