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Canada Jetlines Operations (NEOE:CJET) Change In Inventory : C$0.00 Mil (TTM As of Mar. 2024)


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What is Canada Jetlines Operations Change In Inventory?

Canada Jetlines Operations's change in inventory for the quarter that ended in Mar. 2024 was C$-0.01 Mil. It means Canada Jetlines Operations's inventory increased by C$0.01 Mil from Dec. 2023 to Mar. 2024 .

Canada Jetlines Operations's change in inventory for the fiscal year that ended in Dec. 2023 was C$-0.02 Mil. It means Canada Jetlines Operations's inventory increased by C$0.02 Mil from Dec. 2022 to Dec. 2023 .

Canada Jetlines Operations's Total Inventories for the quarter that ended in Mar. 2024 was C$0.06 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canada Jetlines Operations's Days Inventory for the quarter that ended in Mar. 2024 was 0.40.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canada Jetlines Operations's Inventory Turnover for the quarter that ended in Mar. 2024 was 227.49.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Canada Jetlines Operations's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Canada Jetlines Operations Change In Inventory Historical Data

The historical data trend for Canada Jetlines Operations's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canada Jetlines Operations Change In Inventory Chart

Canada Jetlines Operations Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
- - - -0.04 -0.02

Canada Jetlines Operations Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 -0.08 0.02 0.07 -0.01

Canada Jetlines Operations Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canada Jetlines Operations  (NEOE:CJET) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Canada Jetlines Operations's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.059/13.422*365 / 4
=0.40

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Canada Jetlines Operations's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=13.422 / 0.059
=227.49

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Canada Jetlines Operations's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.059 / 11.498
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Canada Jetlines Operations Change In Inventory Related Terms

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Canada Jetlines Operations (NEOE:CJET) Business Description

Industry
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Traded in Other Exchanges
CAJTF:USA
Address
1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3
Website
https://www.jetlines.com
Canada Jetlines Operations Ltd operates as a leisure carrier. The group utilizes a growing fleet of Airbus A320 aircraft that provides passengers with another choice to travel to preferred destinations within the U.S., Caribbean, and Mexico. It generates maximum revenue from charter services.