Allegiant Days Of Inventory On Hand from 2010 to 2024

ALGT Stock  USD 84.01  4.92  6.22%   
Allegiant Travel Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand is likely to outpace its year average in 2024. From the period from 2010 to 2024, Allegiant Travel Days Of Inventory On Hand quarterly data regression had r-value of (0.44) and coefficient of variation of  19.75. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
6.18110659
Current Value
9.15
Quarterly Volatility
1.5319773
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Allegiant Travel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Allegiant Travel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 234.3 M, Interest Expense of 113.5 M or Selling General Administrative of 105 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0196 or PTB Ratio of 1.06. Allegiant financial statements analysis is a perfect complement when working with Allegiant Travel Valuation or Volatility modules.
  
Check out the analysis of Allegiant Travel Correlation against competitors.
For more information on how to buy Allegiant Stock please use our How to Invest in Allegiant Travel guide.

Latest Allegiant Travel's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Allegiant Travel over the last few years. It is Allegiant Travel's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Allegiant Travel's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Allegiant Days Of Inventory On Hand Regression Statistics

Arithmetic Mean7.76
Geometric Mean7.62
Coefficient Of Variation19.75
Mean Deviation1.28
Median7.27
Standard Deviation1.53
Sample Variance2.35
Range5.3639
R-Value(0.44)
Mean Square Error2.04
R-Squared0.19
Significance0.10
Slope(0.15)
Total Sum of Squares32.86

Allegiant Days Of Inventory On Hand History

2024 9.15
2023 6.18
2022 6.61
2021 6.8
2020 8.81
2019 7.98
2018 5.7

About Allegiant Travel Financial Statements

Allegiant Travel shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Allegiant Travel investors may analyze each financial statement separately, they are all interrelated. The changes in Allegiant Travel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Allegiant Travel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 6.18  9.15 

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Additional Tools for Allegiant Stock Analysis

When running Allegiant Travel's price analysis, check to measure Allegiant Travel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allegiant Travel is operating at the current time. Most of Allegiant Travel's value examination focuses on studying past and present price action to predict the probability of Allegiant Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegiant Travel's price. Additionally, you may evaluate how the addition of Allegiant Travel to your portfolios can decrease your overall portfolio volatility.