Air Lease Corporation (AL)
Inventory turnover
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 186,015 | 928,331 | 125,279 | 95,684 | 123,653 |
| Inventory | US$ in thousands | -945,819 | -24,600 | — | — | — |
| Inventory turnover | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $186,015K ÷ $-945,819K
= —
As the information provided does not include the specific inventory turnover figures for Air Lease Corporation for the years indicated, a detailed analysis cannot be performed. However, inventory turnover is a crucial ratio that measures the efficiency of a company in managing its inventory levels. A higher inventory turnover ratio generally indicates that a company is selling its inventory at a faster rate, which can be a positive sign of effective inventory management. Conversely, a low inventory turnover ratio may suggest excess inventory levels or slow-moving inventory.
To analyze Air Lease Corporation's inventory turnover in detail, we would require the specific inventory turnover figures for each year provided in the table. If you can provide this data, I would be able to offer a more comprehensive analysis of the company's inventory management efficiency over the years.
Peer comparison
Dec 31, 2023