Virgin Orbit Holdings (Virgin Orbit Holdings) Days Inventory : 272.71 (As of Dec. 2022)

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What is Virgin Orbit Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Virgin Orbit Holdings's Average Total Inventories for the three months ended in Dec. 2022 was $73.15 Mil. Virgin Orbit Holdings's Cost of Goods Sold for the three months ended in Dec. 2022 was $24.48 Mil. Hence, Virgin Orbit Holdings's Days Inventory for the three months ended in Dec. 2022 was 272.71.

The historical rank and industry rank for Virgin Orbit Holdings's Days Inventory or its related term are showing as below:

VORBQ's Days Inventory is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 148.84
* Ranked among companies with meaningful Days Inventory only.

Virgin Orbit Holdings's Days Inventory increased from Dec. 2021 (207.17) to Dec. 2022 (272.71). It might indicate that Virgin Orbit Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Virgin Orbit Holdings's Inventory Turnover for the three months ended in Dec. 2022 was 0.33.

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. Virgin Orbit Holdings's Inventory-to-Revenue for the three months ended in Dec. 2022 was 881.27.

Virgin Orbit Holdings Days Inventory Historical Data

The historical data trend for Virgin Orbit Holdings'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.

Virgin Orbit Holdings Days Inventory Chart

Virgin Orbit Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

7.60

163.81

236.25

Virgin Orbit Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Days Inventory	Get a 7-Day Free Trial						207.17	205.76	1,481.21	153.33	272.71

Competitive Comparison of Virgin Orbit Holdings's Days Inventory

For the Aerospace & Defense subindustry, Virgin Orbit Holdings'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.

Virgin Orbit Holdings's Days Inventory Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Virgin Orbit Holdings's Days Inventory falls into.

Virgin Orbit Holdings Days Inventory Calculation

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

Virgin Orbit Holdings's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (33.927	+	77.062)	/	2 )	/	85.739	*	365
=	55.4945					/	85.739	*	365
=	236.25

Virgin Orbit Holdings's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (69.229	+	77.062)	/	2 )	/	24.475	*	365 / 4
=	73.1455					/	24.475	*	365 / 4
=	272.71

Virgin Orbit Holdings (OTCPK:VORBQ) 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.

Virgin Orbit Holdings's Inventory Turnover for the three months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	24.475	/	73.1455
	=	0.33

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.

Virgin Orbit Holdings's Inventory to Revenue for the three months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	73.1455	/	0.083
	=	881.27

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.

Virgin Orbit Holdings Days Inventory Related Terms

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

Virgin Orbit Holdings (Virgin Orbit Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Virgin Orbit Holdings Inc (OTCPK:VORBQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4022 East Conant Street, Long Beach, CA, USA, 90808

Website

https://www.virginorbit.com

Virgin Orbit Holdings Inc is a vertically integrated space company that provides customers with dedicated small satellite launch capabilities. Its launches have delivered satellites to orbit for customers across commercial, civil, and national security and defense markets, both domestically and internationally.

Executives

Jill Kathleen Frizzley	director	P.O. BOX 1541, ONE BLUE HILL PLAZA, PEARL RIVER NY 10965
Alan Jeffrey Carr	director	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Corvina Holdings Ltd	10 percent owner	LA MOTTE CHAMBERS, ST HELIER X0 JE1 1BJ
Virgin Group Holdings Ltd	10 percent owner	LA MOTTE CHAMBERS, ST HELIER, JERSEY X0 JE1 1BJ
Virgin Investments Ltd	10 percent owner	LA MOTTE CHAMBERS, ST HELIER Y9 X0 JE1 1BJ
Sir Richard Branson	10 percent owner	RICHARD'S HOUSE, THE VALLEY, VIRGIN GORDA, NECKER ISLAND D8 POBOX 1091
Katharina G. Mcfarland	director	4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Mubadala Investment Co Pjsc	10 percent owner	P.O. BOX 45005, ABU DHABI C0 00000
Mamoura Diversified Global Holding Pjsc	10 percent owner	P. O. BOX 45005, ABU DHABI C0 UAE
Fifteenth Investment Co Llc	10 percent owner	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Vieco 10 Ltd	10 percent owner	CRAIGMUIR CHAMBERS, P.O. BOX 71, ROAD TOWN, TORTOLA D8 VG1110
Shadid Abdulla Mohamed Ismail Ibrahim	director	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Daniel M Hart	director, officer: Chief Executive Officer	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Derrick Osmond Boston	officer: Chief Legal Officer	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808
Brita Eve O'rear	officer: Chief Financial Officer	C/O VIRGIN ORBIT, 4022 EAST CONANT STREET, LONG BEACH CA 90808