Days Inventory is also known as Days Sales of Inventory (DSI). EchoStar's Average Total Inventories for the
three
months ended in Dec. 2023 was $416 Mil. EchoStar's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $11,393 Mil.
Hence, EchoStar's Days Inventory for the
three
months ended in Dec. 2023 was 3.33.
The historical rank and industry rank for EchoStar's Days Inventory or its related term are showing as below:
SATS'
s Days Inventory Range Over the Past 10 Years
Min: 2.94 Med: 31.72 Max: 43.55
Current: 10.68
During the past 13 years, EchoStar's highest Days Inventory was 43.55. The lowest was 2.94. And the median was 31.72.
SATS's Days Inventory is ranked better than 97.84% of 2405
companies
in the Hardware industry
Industry Median: 104.01
vs SATS: 10.68
EchoStar's Days Inventory
increased
from Dec. 2022 (2.93) to Dec. 2023 (3.33).
It might indicate that EchoStar's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
EchoStar's Inventory Turnover for the
three
months ended in Dec. 2023 was 27.36.
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.
EchoStar's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.03.
EchoStar Days Inventory Historical Data
The historical data trend for EchoStar's Days 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.
Competitive Comparison of EchoStar's Days Inventory
For the Communication Equipment subindustry, EchoStar's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
EchoStar's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, EchoStar's Days Inventory distribution charts can be found below:
* The bar in red indicates where EchoStar's Days Inventory falls into.
EchoStar Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
EchoStar's Days Inventory for the fiscal year that ended in Dec. 2023 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.
EchoStar (NAS:SATS) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
EchoStar's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
2. 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.
EchoStar's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
EchoStar Days Inventory Related Terms
Thank you for viewing the detailed overview of EchoStar's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Following the Dish Network merger, satellite television provides the bulk of EchoStar's revenue. The firm serves about 7 million U.S. customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. EchoStar's future, however, hinges primarily on the wireless business. The firm has amassed an extensive portfolio of spectrum licenses over the past 15 years and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 8 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 1 million internet customers.
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