ViaSat Inc (VSAT)
Inventory turnover
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,095,848 | 3,163,945 | 3,169,274 | 3,160,486 | 2,928,357 | 2,570,529 | 2,286,286 | 1,958,549 | 1,896,024 | 1,901,554 | 1,918,642 | 1,968,532 | 1,940,122 | 1,842,653 | 1,733,821 | 1,632,691 | 1,564,284 | 1,575,070 | 1,588,011 | 1,610,797 |
| Inventory | US$ in thousands | 293,943 | 320,137 | 327,008 | 329,829 | 317,878 | 353,551 | 345,602 | 335,561 | 268,563 | 260,886 | 244,284 | 362,007 | 341,890 | 353,993 | 348,342 | 349,687 | 336,672 | 334,919 | 332,927 | 312,686 |
| Inventory turnover | 10.53 | 9.88 | 9.69 | 9.58 | 9.21 | 7.27 | 6.62 | 5.84 | 7.06 | 7.29 | 7.85 | 5.44 | 5.67 | 5.21 | 4.98 | 4.67 | 4.65 | 4.70 | 4.77 | 5.15 |
March 31, 2025 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,095,848K ÷ $293,943K
= 10.53
ViaSat Inc's inventory turnover has shown fluctuation over the past few years. The company's inventory turnover ratio, which measures how many times a company's inventory is sold and replaced over a period, increased steadily from 5.15 on June 30, 2020, to a peak of 9.88 on December 31, 2024.
A higher inventory turnover ratio indicates that the company is selling its inventory more efficiently. However, it's worth noting that the ratio decreased slightly to 7.87 on March 31, 2025, which may be a sign of inventory management challenges or changes in sales patterns.
Overall, ViaSat Inc's inventory turnover ratio has generally trended upwards, reflecting improved efficiency in managing inventory levels and sales. It is essential for the company to continue monitoring and optimizing its inventory turnover to ensure it remains at optimal levels for its operations.
Peer comparison
Mar 31, 2025
Mar 31, 2025