EchoStar (EchoStar) Inventory Turnover : 27.36 (As of Dec. 2023)

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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. EchoStar's Cost of Goods Sold for the three months ended in Dec. 2023 was $11,393 Mil. EchoStar's Average Total Inventories for the quarter that ended in Dec. 2023 was $416 Mil. EchoStar's Inventory Turnover for the quarter that ended in Dec. 2023 was 27.36.

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-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 Inventory Turnover Historical Data

The historical data trend for EchoStar's Inventory Turnover 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.

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EchoStar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.16

8.38

124.29

33.50

18.50

EchoStar Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															31.20	0.49	1.31	1.11	27.36

EchoStar Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	11945.331	/ (	(625.979	+	665.169)	/	2 )
=	11945.331	/	645.574
=	18.50

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	11392.896	/ (	(167.511	+	665.169)	/	2 )
=	11392.896	/	416.34
=	27.36

EchoStar (NAS:SATS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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

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 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

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

EchoStar Inventory Turnover Related Terms

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EchoStar (EchoStar) Business Description

Industry

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Traded in Other Exchanges

E20:Germany E20:Germany

Address

100 Inverness Terrace East, Englewood, CO, USA, 80112-5308

Website

https://www.echostar.com

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