Willis Lease Finance's inventory turnover ratio, the ratio that measures Willis Lease Finance's ability to manage its supply chain, sequentially decreased to
0.04 in the third quarter 2024, which does not come as a surprise, as the Willis Lease Finance continue to experience headwinds, which also impact its supply chain. Willis Lease Finance's average inventory processing period in the Sep 30 2024 quarter, has increased to 9125 days, from 7300 days, in the Jun 30 2024 quarter.
Within
Capital Goods sector 192 other companies have achieved higher inventory turnover ratio. While Inventory turnover ratio total ranking has improved so far during the III Quarter 2024, to
968, from total ranking in the second quarter 2024 at
1407.
WLFC Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Willis Lease Finance Corp Market Share?
What is Inventory Turnover Ratio?
WLFC Inventory Turnover Ratio |
(Sep 30 2024) III. Quarter |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
Y / Y Inventory Growth |
62.92 % |
96.13 % |
129.18 % |
-2.26 % |
4.79 % |
Y / Y Cost of Sales Growth |
-15.86 % |
- |
- |
207.03 % |
821.79 % |
Inventory Turnover Ratio (TTM) |
0.04 |
- |
0.09 |
0.11 |
0.07 |
WLFC's Total
Ranking |
# 968 |
# 1407 |
# 574 |
# 1231 |
# 1092 |
Average inventory processing period |
8957 |
- |
4179 |
3431 |
4985 |
Seq. Inventory Growth |
-9.55 % |
-3.82 % |
107.95 % |
-9.94 % |
8.89 % |
Seq. Cost of Sales Growth |
- |
- |
-87 % |
179.28 % |
-56.97 % |