ViaSat Inc (VSAT)
Inventory turnover
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 3,029,630 | 2,902,100 | 1,834,750 | 1,940,120 | 1,564,280 |
| Inventory | US$ in thousands | 293,943 | 317,878 | 268,563 | 341,890 | 336,672 |
| Inventory turnover | 10.31 | 9.13 | 6.83 | 5.67 | 4.65 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $3,029,630K ÷ $293,943K
= 10.31
ViaSat Inc has shown a consistent improvement in its inventory turnover over the past five years. The inventory turnover ratio has increased steadily from 4.65 in March 31, 2021, to 10.31 in March 31, 2025, indicating that the company has been able to sell its inventory at a much faster rate.
A higher inventory turnover ratio suggests that ViaSat Inc is managing its inventory more efficiently and effectively. This increase can be seen as a positive sign, as it indicates that the company is selling its products more quickly, reducing the risk of obsolete inventory and improving cash flow.
The significant increase in the inventory turnover ratio over the five-year period suggests that ViaSat Inc has been successful in optimizing its inventory management processes, which can lead to improved profitability and overall financial performance. This trend reflects positively on the company's operational efficiency and management of its supply chain.
Peer comparison
Mar 31, 2025