Iridium Communications (LTS:0JDO) Change In Inventory : $9.8 Mil (TTM As of Dec. 2024)

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What is Iridium Communications Change In Inventory?

Iridium Communications's change in inventory for the quarter that ended in Dec. 2024 was $1.1 Mil. It means Iridium Communications's inventory declined by $1.1 Mil from Sep. 2024 to Dec. 2024 .

Iridium Communications's change in inventory for the fiscal year that ended in Dec. 2024 was $9.8 Mil. It means Iridium Communications's inventory declined by $9.8 Mil from Dec. 2023 to Dec. 2024 .

Iridium Communications's Total Inventories for the quarter that ended in Dec. 2024 was $81.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Iridium Communications's Days Inventory for the quarter that ended in Dec. 2024 was 123.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. Iridium Communications's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.74.

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. Iridium Communications's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.38.

Iridium Communications Change In Inventory Historical Data

The historical data trend for Iridium Communications's Change In 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.

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Iridium Communications Change In Inventory Chart

Iridium Communications Annual Data

Trend

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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7.23

3.59

-10.18

-50.96

9.82

Iridium Communications Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Inventory	Get a 7-Day Free Trial															-19.98	-1.38	6.74	3.40	1.06

Iridium Communications Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.8 Mil.

Iridium Communications (LTS:0JDO) Change In Inventory Explanation

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

Iridium Communications's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	81.7555	/	60.211	*	365 / 4
	=	123.90

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Iridium Communications's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	60.211	/	81.7555
	=	0.74

3. 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.

Iridium Communications's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	81.7555	/	212.991
	=	0.38

Iridium Communications Change In Inventory Related Terms

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Iridium Communications Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Iridium Communications Inc (LTS:0JDO) » Definitions » Change In Inventory

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IRDM:USA 6IC:Germany 6IC:Germany

Address

1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102

Website

https://www.iridium.com

Iridium Communications Inc is the commercial provider of communications services offering true globalised coverage, connecting people, organizations and assets to and from anywhere, in real time. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies world-wide. The Company operates in one business segment, providing satellite communications services and products.

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