EchoStar Corporation (SATS)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 22.27 | 17.96 | 6.97 | 7.60 | 7.60 | |
| DOH | days | 16.39 | 20.32 | 52.33 | 48.01 | 48.05 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 22.27
= 16.39
EchoStar Corporation's days of inventory on hand (DOH) has shown fluctuations over the past five years.
In December 2020 and December 2021, the company had a relatively stable DOH of around 48 days, indicating that it took about 48 days for the company to sell its inventory.
However, a significant increase was observed in December 2022, with the DOH rising to 52.33 days. This implies that the company took longer to sell its inventory in that year compared to the previous two years.
A notable improvement was seen in December 2023 and December 2024, with the DOH dropping to 20.32 and 16.39 days, respectively. This suggests that the company managed its inventory more efficiently in these years, taking less time to sell its inventory compared to the previous years.
Overall, the trend in EchoStar Corporation's DOH indicates some variability in inventory management efficiency over the past five years, with improvements in recent years leading to quicker turnover of inventory.
Peer comparison
Dec 31, 2024