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2002 Working Capital Survey - Chart 3
Airlines
CFO Staff, CFO Magazine

AIRLINES

Company Name Sales ($ Mill.) DWC DWC Change Over Last Year DWC 3 Year Ave. DPO DPO Change Over Last Year DPO 3 Year Ave. Inven- tory Turns Inven- tory Turns Change Over Last Year Inven- tory Turns 3 Year Ave. DSO DSO Change Over Last Year DSO 3 Year Ave. CCE CCE 3 Year Ave.

SOUTHWEST AIRLINES CO

$5,555

-24

-18

-13

33

13

25

43

7

38

5

-4

7

27%

24%

DELTA AIR LINES INC.

$13,879

-56

-19

-41

70

21

55

51

-3

49

10

1

10

2%

13%

ALASKA AIR GROUP INC.

$2,141

6

5

4

21

-3

21

18

-2

19

14

0

14

13%

14%

CONTINENTAL AIRLINES, INC.

$8,969

-25

-5

-20

41

4

38

0

0

0

16

-2

19

6%

8%

AMERICA WEST HOLDINGS CORP.

$2,066

-16

-22

-2

45

20

31

23

-5

23

19

-5

21

7%

9%

AMR CORP.

$18,963

9

-6

13

34

11

27

16

1

15

27

3

25

3%

10%

UAL CORP.

$16,138

2

-6

8

29

6

23

35

9

29

24

1

24

-1%

9%

AMTRAN, INC.

$1,275

27

0

26

8

5

6

15

0

15

21

5

18

11%

11%

NORTHWEST AIRLINES CORP.

$9,905

10

-5

13

25

6

21

14

2

13

19

2

18

7%

9%

US AIRWAYS GROUP INC.

$8,288

-6

-24

16

28

6

18

26

18

11

12

-1

14

-1%

5%

AIRLINES Average

$8,718

-7

-10

0

33

9

26

24

3

21

17

0

17

7%

11%



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