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EchoStar (EchoStar) Total Inventories : $665 Mil (As of Dec. 2023)


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What is EchoStar Total Inventories?

EchoStar's total inventories for the quarter that ended in Dec. 2023 was $665 Mil. EchoStar's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $416 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. EchoStar's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-123.79.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EchoStar's Days Inventory for the three months ended in Dec. 2023 was 3.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. EchoStar's Inventory Turnover for the quarter that 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 quarter that ended in Dec. 2023 was 0.03.


EchoStar Total Inventories Historical Data

The historical data trend for EchoStar's Total Inventories 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.

EchoStar Total Inventories Chart

EchoStar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.62 97.99 103.08 625.98 665.17

EchoStar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 625.98 137.63 151.51 167.51 665.17

EchoStar Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


EchoStar  (NAS:SATS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

EchoStar's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2444.42+0.75 * 1122.139+0.5 * 665.169-36720.602
-0-508.115)/271.501
=-123.79

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

EchoStar's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=416.34/11392.896*365 / 4
=3.33

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

EchoStar's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=11392.896 / 416.34
=27.36

4. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=416.34 / 15709.818
=0.03

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


EchoStar Total Inventories Related Terms

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EchoStar (EchoStar) Business Description

Traded in Other Exchanges
Address
100 Inverness Terrace East, Englewood, CO, USA, 80112-5308
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.
Executives
C Mike Schroeder director 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Jeffrey R Tarr director DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
William David Wade director 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Lisa W. Hershman director PO BOX 1602, SOUTH BEND IN 46634
R Stanton Dodge director ECHOSTAR CORPORATION, 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Ergen Two-year June 2023 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2022 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2021 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Pradman P Kaul director 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Hamid Akhavan officer: CEO and President 1226 EARNESTINE ST., MCLEAN VA 22101
Ergen Two-year March 2022 Sats Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Veronika Takacs officer: Principal Accounting Officer 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Adrian Morris officer: Chief Technology Officer HUGHES COMMUNICATIONS, INC., 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Ramesh Ramaswamy officer: Executive VP - International 11717 EXPLORATION LANE, GERMANTOWN MD 20876
Michelle Pearre officer: Chief Human Resources Officer 11717 EXPLORATION LANE, GERMANTOWN MD 20876