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Air T (AIRT) Change In Inventory : $20.6 Mil (TTM As of Mar. 2025)


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What is Air T Change In Inventory?

Air T's change in inventory for the quarter that ended in Mar. 2025 was $-0.7 Mil. It means Air T's inventory increased by $0.7 Mil from Dec. 2024 to Mar. 2025 .

Air T's change in inventory for the fiscal year that ended in Mar. 2025 was $20.6 Mil. It means Air T's inventory declined by $20.6 Mil from Mar. 2024 to Mar. 2025 .

Air T's Total Inventories for the quarter that ended in Mar. 2025 was $38.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Air T's Days Inventory for the quarter that ended in Mar. 2025 was 62.11.

Inventory Turnover measures how fast the company turns over its inventory within a year. Air T's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.47.

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. Air T's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.58.


Air T Change In Inventory Historical Data

The historical data trend for Air T'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.

* Premium members only.

Air T Change In Inventory Chart

Air T Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -17.60 10.16 9.10 20.63

Air T Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only Premium Member Only Premium Member Only -7.96 2.47 6.36 12.46 -0.66

Air T 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.6 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.


Air T  (NAS:AIRT) Change In Inventory Explanation

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

Air T's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=38.5275/56.602*365 / 4
=62.11

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

Air T's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

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.

Air T's Inventory to Revenue for the quarter that ended in Mar. 2025 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.


Air T Change In Inventory Related Terms

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Air T Business Description

Traded in Other Exchanges
Address
11020 David Taylor Drive, Suite 305, Charlotte, NC, USA, 28262
Air T Inc together with its subsidiaries provides air freight service to the express delivery industry. The company's operating segments include Overnight air cargo, Ground equipment sales, Commercial jet engines, and parts, Corporate, and Others. The company generates maximum revenue from the Commercial Jet Engines and Parts segment.
Executives
William R Foudray director 19192 POPLAR CIRCLE, EDEN PRAIRIE MN 55347
Raymond E Cabillot director, 10 percent owner 3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Peter B. Mcclung director 14101 SOUTHERN ROAD, GRANDVIEW MO 64030
Nicholas John Swenson 10 percent owner 5000 WEST 36TH STREET, SUITE 130, MINNEAPOLIS MN 55416
Gary S Kohler director 5000 W 36TH STREET, SUITE 115, MINNEAPOLIS MN 55416
Seth G Barkett director 495 WEST MT. GARFIELD ROAD, NORTON SHORES MI 49441
Brett Reynolds officer: CFO 5000 W 36TH STREET, MINNEAPOLIS MN 55416
John A Reeves director 570 BALLYMOTE COURT, MATTHEWS NC 28104
Travis Jacob Swenson director 6016 EDEN PRAIRIE ROAD, MINNETONKA MN 55345
Air T Inc 10 percent owner 11020 DAVID TAYLOR DRIVE, SUITE 305, CHARLOTTE NC 28262
Koutsouvas Constantine officer: General Counsel AIR T, INC., 5000 WEST 36TH, SUITE 130, MINNEAPOLIS MN 55416
Biglari Capital Corp. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Sardar Biglari, 10 percent owner C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Lion Fund Ii, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Andrew Stumpf director 5444 CREEKMONTE DR., OAKLAND TWP MI 48306