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Orbital Infrastructure Group (Orbital Infrastructure Group) Days Inventory : 2.45 (As of Mar. 2023)


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What is Orbital Infrastructure Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Orbital Infrastructure Group's Average Total Inventories for the three months ended in Mar. 2023 was $1.8 Mil. Orbital Infrastructure Group's Cost of Goods Sold for the three months ended in Mar. 2023 was $66.1 Mil. Hence, Orbital Infrastructure Group's Days Inventory for the three months ended in Mar. 2023 was 2.45.

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

OIGBQ' s Days Inventory Range Over the Past 10 Years
Min: 1.57   Med: 54.98   Max: 405.68
Current: 1.57

During the past 13 years, Orbital Infrastructure Group's highest Days Inventory was 405.68. The lowest was 1.57. And the median was 54.98.

OIGBQ's Days Inventory is not ranked
in the Construction industry.
Industry Median: 48.96 vs OIGBQ: 1.57

Orbital Infrastructure Group's Days Inventory increased from Mar. 2022 (2.05) to Mar. 2023 (2.45). It might indicate that Orbital Infrastructure Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Orbital Infrastructure Group's Inventory Turnover for the three months ended in Mar. 2023 was 37.24.

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. Orbital Infrastructure Group's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.02.


Orbital Infrastructure Group Days Inventory Historical Data

The historical data trend for Orbital Infrastructure Group'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.

Orbital Infrastructure Group Days Inventory Chart

Orbital Infrastructure Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.21 33.58 30.42 6.20 1.68

Orbital Infrastructure Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.05 1.29 1.07 1.77 2.45

Competitive Comparison of Orbital Infrastructure Group's Days Inventory

For the Engineering & Construction subindustry, Orbital Infrastructure Group'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.


Orbital Infrastructure Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Orbital Infrastructure Group's Days Inventory distribution charts can be found below:

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



Orbital Infrastructure Group Days Inventory Calculation

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

Orbital Infrastructure Group'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
=( (1.335 + 1.691) / 2 ) / 328.318*365
=1.513 / 328.318*365
=1.68

Orbital Infrastructure Group's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (1.691 + 1.857) / 2 ) / 66.069*365 / 4
=1.774 / 66.069*365 / 4
=2.45

* 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.


Orbital Infrastructure Group  (OTCPK:OIGBQ) 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.

Orbital Infrastructure Group's Inventory Turnover for the three months ended in Mar. 2023 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.

Orbital Infrastructure Group's Inventory to Revenue for the three months ended in Mar. 2023 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.


Orbital Infrastructure Group Days Inventory Related Terms

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


Orbital Infrastructure Group (Orbital Infrastructure Group) Business Description

Traded in Other Exchanges
N/A
Address
5444 Westheimer Road, Suite 1650, Houston, TX, USA, 77056
Orbital Infrastructure Group Inc is a diversified infrastructure services platform, providing engineering, design, construction, and maintenance services to customers in three operating segments namely electric power, telecommunications, and renewables.
Executives
Steve Cochennet director 4500 GREENWICH PLACE, AMARILLO TX 79119
James F Oneil director C/O FIRSTENERGY CORP., 76 SOUTH MAIN STREET, AKRON OH 44308
Nicholas M Grindstaff officer: Chief Financial Officer QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175
La Doris Harris officer: CDO and CEO OSS ORBITAL ENERGY GROUP, INC., 1924 ALDINE WESTERN, HOUSTON TX 77038-1204
Jerry Sue Thornton director C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Laforrest V Williams director 1924 ALDINE WESTERN, HOUSTON TX 77038-1204
Paul T Addison director C/O FIRSTENERGY CORP., 76 S. MAIN ST., AKRON OH 44308
Daniel Ned Ford officer: Chief Financial Officer 20050 SW 112TH AVENUE, TUALATIN OR 97062
William J Clough director, officer: President/CEO 200 9TH AVENUE NORTH, SUITE 210, SAFETY HARBOR FL 34695
Sarah Tucker director 1707 1/2 POST OAK BLVD, HOUSTON TX 77056
Paul Dwayne White director 3271 SWEET DR, LAFAYETTE CA 94549
Matthew Murdock Mckenzie director, officer: Corporate Secretary 13120 SW BEDFORD ST, TIGARD OR 97224
Sean P Rooney director 20050 SW 112 AVENUE, TUALATIN OR 97062
Thomas A Price director 601 BRANNAN STREET, SAN FRANCISCO CA 94107
Joseph A Mills director EAGLE ROCK ENERGY PARTNERS, L.P., P.O. BOX 2968, HOUSTON TX 77252-2968