Skymark Airlines (TSE:9204) Days Inventory : 0.10 (As of Dec. 2023)

Skymark Airlines Days Inventory Chart

Skymark Airlines Annual Data
	Trend	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar21	Mar22	Mar23	Mar24
Days Inventory		Get a 7-Day Free Trial					2.90	4.40	0.10	0.09	0.17

Skymark Airlines Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															0.09	0.25	0.25	0.10	0.17

Competitive Comparison of Skymark Airlines's Days Inventory

For the Airports & Air Services subindustry, Skymark Airlines's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Skymark Airlines's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Skymark Airlines's Days Inventory distribution charts can be found below:

* The bar in red indicates where Skymark Airlines's Days Inventory falls into.

Skymark Airlines Days Inventory Calculation

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

Skymark Airlines's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Skymark Airlines's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

* 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.

Skymark Airlines  (TSE:9204) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Skymark Airlines's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. 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.

Skymark Airlines's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* 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.

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Skymark Airlines Days Inventory Related Terms

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Skymark Airlines (TSE:9204) Business Description