IRDM (Iridium Communications) Inventory Turnover: 0.87 (As of Mar. 2026)


IRDM Iridium Communications Inc IRDM
74 GF Score
Price $43.52
GF Value $36.43
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Iridium Communications Inventory Turnover?

Iridium Communications IRDM +4.02% 74 Inventory Turnover is 0.87 as of Mar. 2026. GuruFocus rates IRDM with a GF Score™ of 74/100 and a GF Value™ of $36.43 (Modestly Overvalued). The stock has 5 warning signs investors should review.

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. Iridium Communications's Cost of Goods Sold for the three months ended in Mar. 2026 was $62.7 Mil. Iridium Communications's Average Total Inventories for the quarter that ended in Mar. 2026 was $71.7 Mil. Iridium Communications's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.87.

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 three months ended in Mar. 2026 was 104.45.

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 Mar. 2026 was 0.33.


Iridium Communications  (NAS:IRDM) 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.

Iridium Communications's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=71.7155/62.65*365 / 4
=104.45

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.

Iridium Communications's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=71.7155 / 219.057
=0.33

* 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.


Iridium Communications Inventory Turnover Related Terms


Iridium Communications Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Iridium Communications'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.

Iridium Communications Inventory Turnover Chart

Iridium Communications Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 5.85 3.44 2.67 3.20

Iridium Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 0.76 0.82 0.83 0.77 0.87
IRDM
74GF Score
Iridium Communications Inc IRDM
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Iridium Communications Inventory Turnover Calculation

Iridium Communications's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=248.003 / ((81.283 + 73.764) / 2 )
=248.003 / 77.5235
=3.20

Iridium Communications's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=62.65 / ((73.764 + 69.667) / 2 )
=62.65 / 71.7155
=0.87

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.87 mean?
Iridium Communications (IRDM) has a Inventory Turnover of 0.87 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Iridium Communications and its competitors.
Is Iridium Communications' Inventory Turnover too high?
Iridium Communications' current Inventory Turnover is 0.87. Overall, Iridium Communications has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iridium Communications' Inventory Turnover compare to LBRDA and TDS?
Iridium Communications' Inventory Turnover of 0.87 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Telecommunication Services company?
A good Inventory Turnover depends on the Telecommunication Services industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Iridium Communications and its competitors. Iridium Communications's current Inventory Turnover is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iridium Communications stock overvalued right now?
Based on GuruFocus' analysis, Iridium Communications (IRDM) is currently considered Modestly Overvalued. The stock's GF Value™ is $36.43, compared to a current price of $43.52 — trading 19.5% above its estimated fair value. The current Inventory Turnover is 0.87. Iridium Communications' overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Iridium Communications (IRDM), the current Inventory Turnover is 0.87 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Iridium Communications (IRDM) Overvalued in 2026?

Based on GuruFocus' analysis, Iridium Communications stock appears to be overvalued. The current stock price of $43.52 is trading 19.5% above its estimated GF Value™ of $36.43. GuruFocus considers Iridium Communications to be Modestly Overvalued.

Key valuation signals for IRDM:

  • Inventory Turnover: 0.87
  • GF Value™: $36.43 vs. price of $43.52 (19.5% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the IRDM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iridium Communications Business Description

Address 1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102
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.
74GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$43.52
Price
$36.43
GF Value