Southwest Airlines Company (LUV)

Inventory turnover

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Cost of revenue (ttm) US$ in thousands 23,169,000 22,940,000 22,902,000 22,879,000 23,022,000 23,416,000 23,113,000 22,536,000 21,870,000 20,939,000 20,495,000 19,988,000 19,064,000 18,071,000 16,349,000 14,398,000 11,674,000 10,162,000 9,594,000 8,681,000
Inventory US$ in thousands 775,000 792,000 773,000 786,000 800,000 770,000 784,000 812,000 807,000 799,000 714,000 736,000 790,000 776,000 751,000 623,000 537,000 511,000 464,000 448,000
Inventory turnover 29.90 28.96 29.63 29.11 28.78 30.41 29.48 27.75 27.10 26.21 28.70 27.16 24.13 23.29 21.77 23.11 21.74 19.89 20.68 19.38

December 31, 2025 calculation

Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $23,169,000K ÷ $775,000K
= 29.90