Delta Air Lines Inc

NYSE DAL

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Delta Air Lines Inc Days in Inventory 1 year YoY Change (%) for the Trailing 12 Months (TTM) ending March 31, 2024: -76.65%

Delta Air Lines Inc Days in Inventory 1 year YoY Change (%) is -76.65% for the Trailing 12 Months (TTM) ending March 31, 2024, a -998.67% 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.

Delta Air Lines Inc Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2023 was 55.06, a 8.53% change year over year.
Delta Air Lines Inc Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2022 was 50.73, a -22.81% change year over year.
Delta Air Lines Inc Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2021 was 65.73, a 40.22% change year over year.
Delta Air Lines Inc Days in Inventory for the Trailing 12 Months (TTM) ending March 31, 2020 was 46.87, a -8.67% change year over year.

NYSE: DAL

Delta Air Lines Inc

CEO	Mr. Edward H. Bastian
IPO Date	May 3, 2007
Location	United States
Headquarters	PO Box 20706, Atlanta, GA, United States, 30320-6001
Employees	103,000
Sector	Industrials
Industry	Airlines

Description

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app; acts as a reservations specialists; and operates online travel and traditional brick and mortar agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers. The company operates through a fleet of approximately 1,273 aircrafts. Delta Air Lines, Inc. was founded in 1924 and is based in Atlanta, Georgia.

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