What is American Airlines Group 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. American Airlines Group's Average Total Inventories for the quarter that ended in Mar. 2024 was $2,450 Mil. American Airlines Group's Revenue for the
three
months ended in Mar. 2024 was $12,570 Mil.
American Airlines Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.20.
American Airlines Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024
increased
from Dec. 2023 (0.19) to Dec. 2023 (0.20)
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.
American Airlines Group's Days Inventory for the
three
months ended in Mar. 2024 was 21.19.
Inventory Turnover measures how fast the company turns over its inventory within a year.
American Airlines Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.31.
American Airlines Group Inventory-to-Revenue Historical Data
The historical data trend for American Airlines Group'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.
* Premium members only.
American Airlines Group Inventory-to-Revenue Chart
Competitive Comparison of American Airlines Group's Inventory-to-Revenue
For the Airlines subindustry, American Airlines Group'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.
American Airlines Group's Inventory-to-Revenue Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, American Airlines Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where American Airlines Group's Inventory-to-Revenue falls into.
American Airlines Group Inventory-to-Revenue Calculation
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.
American Airlines Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
American Airlines Group (NAS:AAL) Inventory-to-Revenue Explanation
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.
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.
American Airlines Group's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
American Airlines Group Inventory-to-Revenue Related Terms
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American Airlines Group (American Airlines Group) Business Description
American Airlines is the world's largest airline by aircraft, capacity, and scheduled revenue passenger miles. Its major U.S. hubs are Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. It generates over 30% of U.S. airline revenue connecting Latin America with destinations in the United States. After completing a major fleet renewal, the company has the youngest fleet of U.S. legacy carriers.
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