Kratos Defense & Security Solutions (KTOS)

The days of inventory on hand (DOH) for Kratos Defense & Security Solutions has demonstrated a consistent upward trend over the analyzed period from December 31, 2020, to December 31, 2024. Specifically, the DOH increased from approximately 54.43 days in 2020 to 57.08 days in 2021, reflecting a modest rise of around 2.65 days. The upward trajectory continued more prominently in 2022, with the DOH reaching approximately 68.14 days—an increase of nearly 11.06 days compared to the prior year. The most significant jump occurred between 2022 and 2023, when the DOH climbed to approximately 74.19 days, signifying an increase of about 6.05 days. In 2024, there was a slight decrease, with the DOH declining to approximately 69.68 days, representing a reduction of roughly 4.51 days from the previous year.

This pattern indicates that Kratos has progressively held inventory for longer periods over the specified years, with the most substantial expansion in inventory holding duration occurring during 2022 and 2023. The decrease observed in 2024 may suggest efforts toward inventory optimization or changes in operational strategy. Overall, the increasing trends in DOH could be indicative of longer production cycles, adjustments in inventory management practices, or shifts in product demand and supply chain dynamics. However, further context regarding industry conditions and internal operational factors would be necessary for a comprehensive assessment of strategic implications.

Peer comparison

Dec 31, 2024