Allegiant Travel Company (ALGT)

Days of inventory on hand (DOH)

		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
Inventory turnover		—	—	—	26.28	—	25.63	30.13	31.99	—	38.34	33.43	36.80	—	45.91	47.91	44.40	—	41.70	44.92	56.78
DOH	days	—	—	—	13.89	—	14.24	12.12	11.41	—	9.52	10.92	9.92	—	7.95	7.62	8.22	—	8.75	8.13	6.43

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Based on the provided data, the days of inventory on hand (DOH) for Allegiant Travel is not available for all quarters presented. Without specific numerical values for each quarter, it is challenging to assess the trend and efficiency of Allegiant Travel's inventory management over the specified period.

However, if DOH data were available for each quarter, a declining trend in DOH would suggest that Allegiant Travel is selling its inventory at a faster rate relative to previous periods, which could indicate effective inventory management and potentially lower carrying costs. Conversely, an increasing trend in DOH may signal potential issues such as overstocking, slow-moving inventory, or challenges in demand forecasting.

To conduct a comprehensive analysis of Allegiant Travel's inventory management efficiency, it is crucial to have quantitative values for DOH across multiple periods to identify patterns and deviations that could impact the company's operational and financial performance.