Allegiant Travel Company (ALGT)

Inventory turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	1,552,560	1,054,190	885,245	1,213,820	1,135,560
Inventory	US$ in thousands	-12,600	-10,300	-8,100	-6,000	-4,300
Inventory turnover		—	—	—	—	—

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $1,552,560K ÷ $-12,600K
= —

Based on the provided data, Allegiant Travel Company's inventory turnover for the years December 31, 2020, through December 31, 2024, is not available ("—"). Inventory turnover is a financial ratio that indicates how many times a company sells and replaces its inventory within a given period.

The absence of specific inventory turnover figures suggests that detailed information regarding Allegiant Travel Company's inventory management efficiency is not provided in the data set. Ideally, a higher inventory turnover ratio implies that the company is efficiently managing its inventory levels. Conversely, a lower inventory turnover ratio may indicate overstocking or slow-moving inventory, which could lead to higher carrying costs or potential obsolescence.

Without specific data on inventory turnover, it is challenging to assess Allegiant Travel Company's efficiency in managing its inventory levels and optimizing its resources in the context of its operations.