Rocket Lab USA (Rocket Lab USA) Change In Inventory : $-1.3 Mil (TTM As of Mar. 2024)

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What is Rocket Lab USA Change In Inventory?

Rocket Lab USA's change in inventory for the quarter that ended in Mar. 2024 was $7.5 Mil. It means Rocket Lab USA's inventory declined by $7.5 Mil from Dec. 2023 to Mar. 2024 .

Rocket Lab USA's change in inventory for the fiscal year that ended in Dec. 2023 was $-15.6 Mil. It means Rocket Lab USA's inventory increased by $15.6 Mil from Dec. 2022 to Dec. 2023 .

Rocket Lab USA's Total Inventories for the quarter that ended in Mar. 2024 was $99.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rocket Lab USA's Days Inventory for the quarter that ended in Mar. 2024 was 138.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rocket Lab USA's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.66.

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. Rocket Lab USA's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.12.

Rocket Lab USA Change In Inventory Historical Data

The historical data trend for Rocket Lab USA's Change In 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.

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Rocket Lab USA Change In Inventory Chart

Rocket Lab USA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-11.26

-12.07

-25.96

-15.56

Rocket Lab USA Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial										-6.71	-3.90	-0.32	-4.63	7.51

Rocket Lab USA Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.3 Mil.

Rocket Lab USA (NAS:RKLB) Change In Inventory Explanation

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

Rocket Lab USA's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	103.879	/	68.593	*	365 / 4
	=	138.19

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

Rocket Lab USA's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	68.593	/	103.879
	=	0.66

3. 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.

Rocket Lab USA's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	103.879	/	92.767
	=	1.12

Rocket Lab USA Change In Inventory Related Terms

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Rocket Lab USA (Rocket Lab USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rocket Lab USA Inc (NAS:RKLB) » Definitions » Change In Inventory

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Traded in Other Exchanges

6RJ:Germany

Address

3881 McGowen Street, Long Beach, CA, USA, 90808

Website

https://www.rocketlabusa.com

Rocket Lab USA Inc is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defence, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered more than 100 satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments being Launch Services and Space systems. Geographically it serves Japan, Germany, rest of the world and earns key revenue from the United States.

Executives

Adam C. Spice	officer: Chief Financial Officer	2051 PALOMAR AIRPORT ROAD, SUITE 100, CARLSBAD CA 92011
Arjun Kampani	officer: See Remarks	C/O AEROJET ROCKETDYNE HOLDINGS, INC., 2001 AEROJET ROAD, RANCHO CORDOVA CA 95742
Nina Armagno	director	C/O ROCKET LAB USA, INC., 3881 MCGOWEN ST, LONG BEACH CA 90808
Peter Beck	director, 10 percent owner, officer: President, CEO and Chairman	C/O ROCKET LAB USA, INC., 3881, LONG BEACH CA 90808
Michael D Griffin	director	21700 ATLANTIC BLVD, ORBITAL SCIENCES CORP, DULLES VA 20166
Shaun O'donnell	officer: EVP - Global Operations	C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808
Edward H. Frank	director	C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Alexander R Slusky	director	456 MONTGOMERY STREET, 19TH FLOOR, SAN FRANCISCO CA 94104
Khosla Ventures Seed B (cf), L.p.	10 percent owner	2128 SAND HILL ROAD, MENLO PARK CA 94025
Cowan David J/ca	director	50 WOODSIDE PLAZA, SUITE 720, REDWOOD CITY CA 94061
Peek Street Equatorial Trustee Ltd	10 percent owner	123 CELTIC CRESCENT, ELLERSLIE, AUCKLAND Q2 1051
Jon A Olson	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
Equatorial Trust	10 percent owner	123 CELTIC CRESCENT, ELLERSLIE, AUCKLAND Q2 1051
Kerryn Beck	10 percent owner	C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808
Warren Butler	10 percent owner	C/O ROCKET LAB USA, INC., 3881 MCGOWEN STREET, LONG BEACH CA 90808