GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Terran Orbital Corp (NYSE:LLAP) » Definitions » Days Inventory

Terran Orbital (Terran Orbital) Days Inventory : 92.95 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Terran Orbital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Terran Orbital's Average Total Inventories for the three months ended in Mar. 2024 was $34.0 Mil. Terran Orbital's Cost of Goods Sold for the three months ended in Mar. 2024 was $33.4 Mil. Hence, Terran Orbital's Days Inventory for the three months ended in Mar. 2024 was 92.95.

The historical rank and industry rank for Terran Orbital's Days Inventory or its related term are showing as below:

LLAP' s Days Inventory Range Over the Past 10 Years
Min: 11.46   Med: 52.24   Max: 88.39
Current: 88.39

During the past 5 years, Terran Orbital's highest Days Inventory was 88.39. The lowest was 11.46. And the median was 52.24.

LLAP's Days Inventory is ranked better than
69.79% of 288 companies
in the Aerospace & Defense industry
Industry Median: 147.49 vs LLAP: 88.39

Terran Orbital's Days Inventory increased from Mar. 2023 (81.25) to Mar. 2024 (92.95). It might indicate that Terran Orbital's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Terran Orbital's Inventory Turnover for the three months ended in Mar. 2024 was 0.98.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Terran Orbital's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.25.


Terran Orbital Days Inventory Historical Data

The historical data trend for Terran Orbital's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Terran Orbital Days Inventory Chart

Terran Orbital Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
11.46 35.88 57.06 52.24 82.37

Terran Orbital Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81.25 82.35 82.99 95.69 92.95

Competitive Comparison of Terran Orbital's Days Inventory

For the Aerospace & Defense subindustry, Terran Orbital's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Terran Orbital's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Terran Orbital's Days Inventory distribution charts can be found below:

* The bar in red indicates where Terran Orbital's Days Inventory falls into.



Terran Orbital Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Terran Orbital's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (24.133 + 33.348) / 2 ) / 127.355*365
=28.7405 / 127.355*365
=82.37

Terran Orbital's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (33.348 + 34.68) / 2 ) / 33.391*365 / 4
=34.014 / 33.391*365 / 4
=92.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Terran Orbital  (NYSE:LLAP) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Terran Orbital's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Terran Orbital's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Terran Orbital Days Inventory Related Terms

Thank you for viewing the detailed overview of Terran Orbital's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Terran Orbital (Terran Orbital) Business Description

Traded in Other Exchanges
N/A
Address
6800 Broken Sound Parkway North West, Suite 200, Boca Raton, FL, USA, 33487
Terran Orbital Corp is a vertically integrated provider of end-to-end satellite solutions. The company combines satellite design, production, launch planning, mission operations, and in-orbit support to meet the needs of the demanding military, civil and commercial customers. The company operates in two segments: the Satellite Solutions segment primarily consists of the design, build, and operation of satellites, and the Earth Observation Solutions segment was created to develop, build, launch, and operate a constellation of company-owned Earth observation satellites featuring synthetic aperture radar (SAR) capabilities to provide Earth observation data and mission solutions.
Executives
Jonathan Siegmann officer: SVP, Corporate Development 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Anthony J Gingiss officer: Chief Operating Officer C/O TERRAN ORBITAL, 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Wahid Azizpor officer: SVP, Manufacturing C/O TERRAN ORBITAL CORPORATION, SUITE 200, BOCA RATON FL 33487
Santina M Michel officer: SVP and Chief HR Officer C/O TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Matthew Gann officer: SVP, Strategy & Business Dev. CO TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Mark Kula officer: SVP, Programs C/O TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Stephen Alan Hobart officer: SVP, Components and Modules C/O TERRAN ORBITAL CORPORATION, 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Richard Bays officer: SVP & CIO 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Beach Point Capital Management Lp 10 percent owner 1620 26TH STREET, SUITE 6000N, SANTA MONICA CA 90404
Lockheed Martin Corp 10 percent owner 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
James S Black officer: General Counsel 6800 BROKEN SOUND PARKWAY NW, SUITE 200, BOCA RATON FL 33487
Beach Point Tx Scf Lp 10 percent owner C/O BEACH POINT CAPITAL MANAGEMENT LP, 1620 26TH STREET, SUITE 6000N, SANTA MONICA CA 90404
Gary A. Hobart officer: See Remarks 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Douglas L. Raaberg director 10613 REGENT PARK CT., FAIRFAX VA 22030
Mathieu Riffel officer: Vice President and Controller 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487