Air Lease Corporation (AL)
Inventory turnover
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 186,015 | 167,116 | 164,064 | 156,744 | 944,244 | 953,941 | 945,305 | 933,480 | 125,280 | 105,225 | 94,382 | 94,276 | 95,684 | 106,607 | 121,083 | 122,273 | 123,653 | 271,911 | 263,573 | 257,260 |
| Inventory | US$ in thousands | -945,819 | 0 | 0 | 0 | -24,600 | -256,557 | -141,091 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $186,015K ÷ $-945,819K
= —
The inventory turnover ratio for Air Lease Corporation is not provided in the data table. The inventory turnover ratio is a measure of the number of times a company sells and replaces its inventory during a specific period. It is calculated by dividing the cost of goods sold by the average inventory for the period.
Without the specific inventory turnover ratio values for the mentioned periods, it is not possible to analyze the trend or efficiency of Air Lease Corporation's inventory management over time. A higher inventory turnover ratio generally indicates better inventory management and liquidity, while a lower ratio may suggest overstocking or slow-moving inventory.
To provide a comprehensive analysis of Air Lease Corporation's inventory turnover, it would be essential to calculate the ratio for each period using the available financial data and compare it with industry benchmarks or historical performance to assess the company's operational efficiency and inventory management practices effectively.
Peer comparison
Dec 31, 2023
Dec 31, 2023