RDW (Redwire) Days Inventory : 3.02 (As of Dec. 2024)

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What is Redwire Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Redwire's Average Total Inventories for the three months ended in Dec. 2024 was $2.1 Mil. Redwire's Cost of Goods Sold for the three months ended in Dec. 2024 was $64.9 Mil. Hence, Redwire's Days Inventory for the three months ended in Dec. 2024 was 3.02.

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

RDW' s Days Inventory Range Over the Past 10 Years
Min: 1.72 Med: 2.79 Max: 2.99
Current: 2.6

During the past 5 years, Redwire's highest Days Inventory was 2.99. The lowest was 1.72. And the median was 2.79.

RDW's Days Inventory is ranked better than
99.32% of 293 companies
in the Aerospace & Defense industry
Industry Median: 139.5 vs RDW: 2.60

Redwire's Days Inventory increased from Dec. 2023 (2.77) to Dec. 2024 (3.02). It might indicate that Redwire's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Redwire's Inventory Turnover for the three months ended in Dec. 2024 was 30.25.

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. Redwire's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.03.

Redwire Days Inventory Historical Data

The historical data trend for Redwire'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.

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Redwire Days Inventory Chart

Redwire Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

1.72

2.99

2.93

2.64

Redwire Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial													2.77	1.96	2.41	3.13	3.02

Competitive Comparison of Redwire's Days Inventory

For the Aerospace & Defense subindustry, Redwire'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.

Redwire's Days Inventory Distribution in the Aerospace & Defense Industry

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

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

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Redwire Days Inventory Calculation

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

Redwire's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1.516	+	2.239)	/	2 )	/	259.646	*	365
=	1.8775					/	259.646	*	365
=	2.64

Redwire's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (2.055	+	2.239)	/	2 )	/	64.937	*	365 / 4
=	2.147					/	64.937	*	365 / 4
=	3.02

Redwire (NYSE:RDW) 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.

Redwire's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	64.937	/	2.147
	=	30.25

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.

Redwire's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.147	/	69.56
	=	0.03

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.

Redwire Days Inventory Related Terms

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

Redwire Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Redwire Corp (NYSE:RDW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

8226 Philips Highway, Suite 101, Jacksonville, FL, USA, 32256

Website

https://www.redwirespace.com

Redwire Corp is engaged in mission-critical space solutions and reliable components for the next-generation space economy. It assists its customers in solving the complex challenges of future space missions and industries. The company's space infrastructure offerings include a broad array of modern products and services, which have been enabling space missions. The company's plan enables it to combine decades of flight heritage with a culture creating new technologies that are the building blocks of space infrastructure for government and commercial customers.

Executives

Jonathan Baliff	director, officer: President and CFO	211 CARNEGIE CENTER, PRINCETON NJ 08540
Joanne O'rourke Isham	director	1140 E. ARQUES AVENUE, SUNNYVALE CA 94805
Cannito Peter Anthony Jr	director, officer: Chairman and CEO	REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Genesis Park Ii Lp	director, 10 percent owner	2000 EDWARDS STREET, SUITE B, HOUSTON TX 77007
Ae Industrial Partners Fund Ii Gp, Lp	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Chris Edmunds	officer: Chief Accounting Officer	C/O REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
M. David Kornblatt	director	1214 ROUND HILL ROAD, BRYN MAWR PA 19010
Leslie B Daniels	director	540 MADISON, 22ND FLOOR, NEW YORK NY 10022
John S Bolton	director	GENESIS PARK HOLDINGS, 2000 EDWARDS STREET, SUITE B, HOUSTON TX 77007
Michael J Bevacqua	director	SANKATY ADVISORS, LLC, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bcc Redwire Aggregator, L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Ae Industrial Partners Structured Solutions I Gp, Lp	director, 10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Structured Solutions I, Lp	director, 10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Michael Robert Greene	10 percent owner	2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431