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. Orbital ATK's Cost of Goods Sold for the
three
months ended in Mar. 2018 was $1,022 Mil. Orbital ATK's Average Total Inventories for the quarter that ended in Mar. 2018 was $235 Mil.
Orbital ATK's Inventory Turnover for the quarter that ended in Mar. 2018 was 4.36.
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
three
months ended in Mar. 2018 was 20.94.
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 quarter that ended in Mar. 2018 was 0.18.
Orbital ATK Inventory Turnover Historical Data
The historical data trend for Orbital ATK'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.
* 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) 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.
Orbital ATK's Days Inventory 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 quarter that 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
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.
Orbital ATK Inventory Turnover Related Terms
Thank you for viewing the detailed overview of Orbital ATK's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OA has been successfully added to your 