EchoStar Corporation (SATS)
Inventory turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 12,232,970 | 21,906,700 | 19,018,710 | 16,292,026 | 13,098,400 | 637,123 | 813,461 | 838,864 | 862,073 | 855,207 | 836,196 | 815,957 | 783,654 | 768,498 | 751,647 | 731,158 | 744,378 | 763,119 | 774,493 | 800,679 |
| Inventory | US$ in thousands | 455,197 | 441,683 | 557,257 | 632,952 | 665,169 | 167,511 | 151,508 | 137,634 | 123,606 | 115,549 | 110,596 | 110,001 | 103,084 | 103,233 | 96,227 | 95,632 | 97,992 | 93,751 | 83,559 | 88,446 |
| 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 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $12,232,970K ÷ $455,197K
= 26.87
EchoStar Corporation's inventory turnover has shown fluctuations over the quarters. The inventory turnover ratio measures how efficiently the company manages its inventory by indicating how many times the inventory is sold and replaced during a specific period.
Analyzing the data provided:
- The inventory turnover was at its peak in December 2024 at 49.60, indicating that the company sold and replaced its inventory almost 50 times during that period.
- Prior to that peak, there was a significant increase in inventory turnover from March 2024 to December 2024, suggesting a high level of efficiency in managing inventory.
- However, the inventory turnover ratio dropped to 3.80 in September 2023, which was the lowest point in the data provided, signaling potential inventory management challenges during that period.
- The inventory turnover has been trending downward since December 2024 and stood at 26.87 by the end of December 2024.
Overall, the inventory turnover ratios for EchoStar Corporation demonstrate variability and may indicate changes in the company's sales patterns, inventory management practices, or market demand fluctuations during the respective quarters.
Peer comparison
Dec 31, 2024
Dec 31, 2024