ViaSat Inc (VSAT)
Days of inventory on hand (DOH)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 6.26 | 5.50 | 5.32 | 2.58 | 3.00 | 2.88 | 3.11 | 2.04 | 3.60 | 1.88 | 1.80 | 1.70 | 1.66 | 1.64 | 1.68 | 1.80 | 1.91 | 1.91 | 1.91 | 1.89 | |
| DOH | days | 58.27 | 66.32 | 68.67 | 141.57 | 121.87 | 126.59 | 117.38 | 178.78 | 101.36 | 194.34 | 202.77 | 214.23 | 219.23 | 221.91 | 217.72 | 203.21 | 191.06 | 191.18 | 190.73 | 192.62 |
March 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 6.26
= 58.27
The days of inventory on hand (DOH) for ViaSat Inc have fluctuated over the past few quarters, ranging from a low of 58.27 days to a high of 221.91 days. The trend indicates some volatility in managing inventory levels.
In the most recent quarter, the company had 58.27 days of inventory on hand, which suggests a more efficient management of inventory compared to the previous quarter. However, it is important to note that the company had significantly higher DOH figures in the earlier quarters, which could indicate potential challenges in inventory management efficiency during those periods.
Overall, a lower DOH indicates that the company is able to sell its inventory quickly, which is generally positive for cash flow and working capital management. On the other hand, a higher DOH could suggest excess inventory levels, potential obsolescence risks, or slower inventory turnover.
Further analysis of the reasons behind the fluctuations in DOH and their impact on the company's operations and financial performance would be necessary to gain a deeper understanding of ViaSat Inc's inventory management practices.
Peer comparison
Mar 31, 2024