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Gilattellite Networks (Gilattellite Networks) Days Inventory

: 74.46 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Gilattellite Networks's Average Total Inventories for the three months ended in Dec. 2023 was $38.1 Mil. Gilattellite Networks's Cost of Goods Sold for the three months ended in Dec. 2023 was $46.7 Mil. Hence, Gilattellite Networks's Days Inventory for the three months ended in Dec. 2023 was 74.46.

The historical rank and industry rank for Gilattellite Networks's Days Inventory or its related term are showing as below:

GILT' s Days Inventory Range Over the Past 10 Years
Min: 41.88   Med: 61.49   Max: 85.75
Current: 85.75

During the past 13 years, Gilattellite Networks's highest Days Inventory was 85.75. The lowest was 41.88. And the median was 61.49.

GILT's Days Inventory is ranked better than
59.94% of 2404 companies
in the Hardware industry
Industry Median: 104.035 vs GILT: 85.75

Gilattellite Networks's Days Inventory increased from Dec. 2022 (68.01) to Dec. 2023 (74.46). It might indicate that Gilattellite Networks's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gilattellite Networks's Inventory Turnover for the three months ended in Dec. 2023 was 1.23.

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. Gilattellite Networks's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.50.


Gilattellite Networks Days Inventory Historical Data

The historical data trend for Gilattellite Networks'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.

* Premium members only.

Gilattellite Networks Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.72 85.59 75.86 73.34 81.03

Gilattellite Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 68.01 97.23 86.87 93.02 74.46

Competitive Comparison

For the Communication Equipment subindustry, Gilattellite Networks'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.


Gilattellite Networks Days Inventory Distribution

For the Hardware industry and Technology sector, Gilattellite Networks's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gilattellite Networks's Days Inventory falls into.



Gilattellite Networks Days Inventory Calculation

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

Gilattellite Networks's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (33.024 + 38.525) / 2 ) / 161.145*365
=35.7745 / 161.145*365
=81.03

Gilattellite Networks's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (37.673 + 38.525) / 2 ) / 46.692*365 / 4
=38.099 / 46.692*365 / 4
=74.46

* 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.


Gilattellite Networks  (NAS:GILT) 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.

Gilattellite Networks'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.

Gilattellite Networks'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.


Gilattellite Networks Days Inventory Related Terms

Thank you for viewing the detailed overview of Gilattellite Networks's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Gilattellite Networks (Gilattellite Networks) Business Description

Traded in Other Exchanges
Address
21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, ISR, 4913020
Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block up converters (BUCs) and Trancievers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety.