Allegiant Travel Company

NASDAQ ALGT

Data sourced from

and

Download Data

Allegiant Travel Company Days in Inventory 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending March 31, 2024: -85.30%

Allegiant Travel Company Days in Inventory 1 year YoY Change (%) is -85.30% for the Trailing 12 Months (TTM) ending March 31, 2024, a -214.63% change year over year. The days in inventory ratio measures the average number of days it takes for a company to sell its inventory. It is calculated by dividing 365 by the ratio of cost of revenue to the average of inventory and other current assets. This ratio indicates the efficiency of inventory management and the company's ability to convert inventory into sales within a specific period. A lower number of days in inventory is generally preferable. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.

Allegiant Travel Company Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2023 was 63.44, a 74.41% change year over year.
Allegiant Travel Company Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2022 was 36.38, a -15.79% change year over year.
Allegiant Travel Company Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2021 was 43.20, a 31.69% change year over year.
Allegiant Travel Company Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2020 was 32.80, a 89.65% change year over year.

NASDAQ: ALGT

Allegiant Travel Company

CEO	Mr. Maurice J. Gallagher Jr.
IPO Date	Dec. 8, 2006
Location	United States
Headquarters	1201 North Town Center Drive, Las Vegas, NV, United States, 89144
Employees	5,951
Sector	Industrials
Industry	Airlines

Description

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2024, it operated a fleet of 126 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.

Key trends