EchoStar Corporation (SATS)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 26.87 | 49.60 | 34.13 | 25.74 | 19.69 | 3.80 | 5.37 | 6.09 | 6.97 | 7.40 | 7.56 | 7.42 | 7.60 | 7.44 | 7.81 | 7.65 | 7.60 | 8.14 | 9.27 | 9.05 | |
| DOH | days | 13.58 | 7.36 | 10.69 | 14.18 | 18.54 | 95.97 | 67.98 | 59.89 | 52.33 | 49.32 | 48.28 | 49.21 | 48.01 | 49.03 | 46.73 | 47.74 | 48.05 | 44.84 | 39.38 | 40.32 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 26.87
= 13.58
The days of inventory on hand (DOH) for EchoStar Corporation have shown some fluctuations over the reporting periods provided.
Initially, the DOH stood at around 40 days as of March 31, 2020, gradually decreasing to 39 days by June 30, 2020. However, from September 30, 2020, there was an upward trend in the DOH metric, reaching a peak of 95.97 days by September 30, 2023. This significant increase may indicate inefficiencies in managing inventory levels during this period.
Subsequently, the DOH sharply declined to 18.54 days by the end of December 31, 2023. This sudden drop suggests potential inventory management improvements or adjustments made by the company. The trend continued with further reductions to 10.69 days by June 30, 2024, and further to 7.36 days by September 30, 2024, showcasing a pronounced improvement in managing inventory levels more effectively.
The DOH metric, which measures how long it takes for a company to sell its inventory, is crucial in evaluating operational efficiency and inventory management practices. EchoStar Corporation's fluctuations in DOH over the stated periods reflect the firm's ability to balance inventory levels with sales demand. It is essential for the company to maintain an optimal level of inventory to prevent overstocking or stockouts, which could impact profitability and liquidity. Monitoring and analyzing DOH trends can help identify areas for improvement in inventory management and operational effectiveness.
Peer comparison
Dec 31, 2024