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Maxar Technologies (Maxar Technologies) Inventory Turnover : 5.63 (As of Mar. 2023)


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What is Maxar Technologies Inventory Turnover?

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. Maxar Technologies's Cost of Goods Sold for the three months ended in Mar. 2023 was $256 Mil. Maxar Technologies's Average Total Inventories for the quarter that ended in Mar. 2023 was $46 Mil. Maxar Technologies's Inventory Turnover for the quarter that ended in Mar. 2023 was 5.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Maxar Technologies's Days Inventory for the three months ended in Mar. 2023 was 16.22.

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. Maxar Technologies's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.11.


Maxar Technologies Inventory Turnover Historical Data

The historical data trend for Maxar Technologies'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.

* Premium members only.

Maxar Technologies Inventory Turnover Chart

Maxar Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.61 39.80 38.94 28.11 21.74

Maxar Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Inventory Turnover 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 5.87 6.03 5.79 6.21 5.63

Maxar Technologies Inventory Turnover Calculation

Maxar Technologies's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=924 / ((39 + 46) / 2 )
=924 / 42.5
=21.74

Maxar Technologies's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover (Q: Mar. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2023 ) / ((Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count )
=256 / ((46 + 45) / 2 )
=256 / 45.5
=5.63

* 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.


Maxar Technologies  (NYSE:MAXR) 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.

Maxar Technologies's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2023 )/Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=45.5/256*365 / 4
=16.22

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.

Maxar Technologies's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2023 ) / Revenue (Q: Mar. 2023 )
=45.5 / 419
=0.11

* 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

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.


Maxar Technologies Inventory Turnover Related Terms

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Maxar Technologies (Maxar Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1300 W. 120th Avenue, Westminster, CO, USA, 80234
Maxar Technologies Inc is an integrated space and geospatial intelligence company with a full range of space technology solutions for commercial and government customers including satellites, Earth imagery, geospatial data, and analytics. Its operating segments include Earth Intelligence and Space Infrastructure. Earth Intelligence segment is a provider of advanced geospatial information, applications, and analytic services for national security and commercial solutions, Space Infrastructure segment is engaged in space-based infrastructure, robotics, subsystems, and information solutions to satellite operators and government agencies.
Executives
Eric J Zahler director 600 THIRD AVENUE, NEW YORK NY 10016
Daniel L Jablonsky officer: Group Pres., DigitalGlobe 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Howell M Estes director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Christopher J. Johnson officer: SVP and GM, Maxar Space 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Biggs C Porter officer: EVP, CFO TXU CORP.,, 1601 BRYAN STREET, DALLAS TX 75201
Daniel Nord officer: SVP and GM, Enterprise 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Iii Jeff Robertson officer: SVP, Operations 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
James Ci Lee officer: SVP, General Counsel & Secty MAXAR TECHNOLOGIES, INC., 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Nick Cyprus director 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Elizabeth Andora officer: SVP and CHRO 1300 W. 120TH AVENUE, WESTMINSTER CO 80234
Eddy Zervigon director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Leon Anthony Frazier officer: Group Pres, Radiant Solutions 2325 DULLES CORNER BLVD., SUITE 1000, HERNDON VA 20171
Walter S. Scott officer: EVP and CTO 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Heather A Wilson director 501 EAST SAINT JOSEPH STREET, RAPID CITY SD 57701
Joanne O'rourke Isham director 1140 E. ARQUES AVENUE, SUNNYVALE CA 94805

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