Delta Air Lines Inc (DAL)
Inventory turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 34,643,000 | 33,030,000 | 28,390,000 | 18,691,000 | 27,317,000 |
Inventory | US$ in thousands | — | — | — | 694,000 | 377,000 |
Inventory turnover | — | — | — | 26.93 | 72.46 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $34,643,000K ÷ $—K
= —
Delta Air Lines Inc's inventory turnover has shown a decreasing trend over the years, with a substantial decline from 72.46 in December 31, 2020, to 26.93 in December 31, 2021. However, it is important to note that there is missing data for the years 2022, 2023, and 2024. This decreasing trend suggests that the company is carrying inventory for longer periods before selling it, which may indicate inefficiencies in managing inventory levels or potential issues with demand forecasting. Further analysis and comparison with industry benchmarks would be needed to understand the implications of this trend on Delta's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024