Air Lease Corporation (AL)

Inventory turnover

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Cost of revenue (ttm) US$ in thousands 185,934 187,392 185,744 186,144 186,015 167,116 164,064 156,744 944,244 953,941 945,305 933,480 125,280 105,225 94,382 94,276 95,684 106,607 121,083 122,273
Inventory US$ in thousands 0 0 -945,819 0 0 0 -24,600 -256,557 -141,091
Inventory turnover

December 31, 2024 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $185,934K ÷ $—K
= —

The inventory turnover ratio for Air Lease Corporation is not available for the periods provided in the data. The inventory turnover ratio is a financial metric that measures how many times a company has sold and replaced 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 figures for inventory and cost of goods sold for the periods mentioned, it is not possible to compute the inventory turnover ratio. The inventory turnover ratio is important for assessing how effectively a company is managing its inventory levels and how quickly it is converting inventory into sales.

A high inventory turnover ratio indicates that the company is efficiently managing its inventory and selling products quickly, while a low ratio may suggest overstocking or slow-moving inventory. Analyzing the trend of the inventory turnover ratio over time can provide insights into the company's operational efficiency and inventory management practices.


Peer comparison

Dec 31, 2024

Dec 31, 2024

Company name
Symbol
Inventory turnover
Air Lease Corporation
AL
United Rentals Inc
URI
45.98
Upbound Group Inc.
UPBD
405.69