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Orbital ATK (Orbital ATK) Days Inventory : 20.94 (As of Mar. 2018)


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What is Orbital ATK Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Orbital ATK's Average Total Inventories for the three months ended in Mar. 2018 was $235 Mil. Orbital ATK's Cost of Goods Sold for the three months ended in Mar. 2018 was $1,022 Mil. Hence, Orbital ATK's Days Inventory for the three months ended in Mar. 2018 was 20.94.

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

OA's Days Inventory is not ranked *
in the Aerospace & Defense industry.
Industry Median: 138.735
* Ranked among companies with meaningful Days Inventory only.

Orbital ATK's Days Inventory declined from Mar. 2017 (24.65) to Mar. 2018 (20.94).

Inventory Turnover measures how fast the company turns over its inventory within a year. Orbital ATK's Inventory Turnover for the three months ended in Mar. 2018 was 4.36.

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. Orbital ATK's Inventory-to-Revenue for the three months ended in Mar. 2018 was 0.18.


Orbital ATK Days Inventory Historical Data

The historical data trend for Orbital ATK'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.

Orbital ATK Days Inventory Chart

Orbital ATK Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.52 31.54 25.01 21.62 21.51

Orbital ATK Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Days Inventory 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 24.65 28.14 26.57 21.12 20.94

Competitive Comparison of Orbital ATK's Days Inventory

For the Aerospace & Defense subindustry, Orbital ATK'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.


Orbital ATK's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Orbital ATK's Days Inventory distribution charts can be found below:

* The bar in red indicates where Orbital ATK's Days Inventory falls into.



Orbital ATK Days Inventory Calculation

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

Orbital ATK's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (215 + 221) / 2 ) / 3699*365
=218 / 3699*365
=21.51

Orbital ATK's Days Inventory for the quarter that ended in Mar. 2018 is calculated as:

Days Inventory (Q: Mar. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Mar. 2018 )) / count ) / Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=( (221 + 248) / 2 ) / 1022*365 / 4
=234.5 / 1022*365 / 4
=20.94

* 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.


Orbital ATK  (NYSE:OA) 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.

Orbital ATK's Inventory Turnover for the three months ended in Mar. 2018 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.

Orbital ATK's Inventory to Revenue for the three months ended in Mar. 2018 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.


Orbital ATK Days Inventory Related Terms

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


Orbital ATK (Orbital ATK) Business Description

Traded in Other Exchanges
N/A
Address
Orbital ATK is a globally integrated aerospace and defense company that builds and delivers space, defense, and aviation-related systems. The company collaborates with other companies during aircraft development programs and uses contracts to ensure future revenue. Numerous sales have come from contracts with agencies of the U.S. government. One aspect of the company offers engineering, manufacturing, and program management services to civil government and military space agencies. Many projects require significant investments in research and development to help with customization for clients.
Executives
Douglas L Maine director ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
Christine Ann Wolf officer: Former SVP Human Resources 7480 FLYING CLOUG DRIVE, MINNEAPOLIS MN 55344
Tig H Krekel director HUGHES SPACE AND COMMUNICATIONS CO., PO BOX 92919, BLDG. S-10 - M/S S-302, LOS ANGELES CA 90009
Christopher Anthony Voci officer: Former VP and Controller C/O ORBITAL ATK, INC., 45101 WARP DRIVE, DULLES VA 20166
Thomas E Mccabe officer: Former EVP and General Counsel C/O ORBITAL SCIENCES CORPORATION, 45101 WARP DRIVE, DULLES VA 20166
Ronald T Kadish director 21839 ATLANTIC BOULEVARD, DULLES VA 20166
Ronald R Fogleman director C/O AAR CORP., 1100 N. WOOD DALE ROAD, WOOD DALE IL 60191
David W Thompson director, officer: Former President and CEO 21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Garrett E Pierce officer: Former Chief Financial Officer 21839 ATLANTIC BLVD, DULLES VA 20166
Janice I Obuchowski director 21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Roman Iv Martinez director 90 OARJ AVE 4TH FLOOR, GREENPOINT BANK, NEW YORK NY 10016
Kevin P. Chilton director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Roxanne J Decyk director 2801 80TH STREET, KENOSHA WI 53143
Blake E Larson officer: Former Chief Operating Officer 5050 LINCOLN DRIVE, EDINA MN 55436
Mark W Deyoung director