Days Inventory is also known as Days Sales of Inventory (DSI). Sidus Space's Average Total Inventories for the
three
months ended in Dec. 2023 was $1.26 Mil. Sidus Space's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1.01 Mil.
Hence, Sidus Space's Days Inventory for the
three
months ended in Dec. 2023 was 114.36.
The historical rank and industry rank for Sidus Space's Days Inventory or its related term are showing as below:
SIDU'
s Days Inventory Range Over the Past 10 Years
Min: 18.2 Med: 34.32 Max: 85.13
Current: 85.13
During the past 5 years, Sidus Space's highest Days Inventory was 85.13. The lowest was 18.20. And the median was 34.32.
SIDU's Days Inventory is ranked better than 69.9% of 289
companies
in the Aerospace & Defense industry
Industry Median: 139.54
vs SIDU: 85.13
Sidus Space's Days Inventory
increased
from Dec. 2022 (20.99) to Dec. 2023 (114.36).
It might indicate that Sidus Space'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.
Sidus Space's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.80.
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.
Sidus Space's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.94.
Sidus Space Days Inventory Historical Data
The historical data trend for Sidus Space'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.
Competitive Comparison of Sidus Space's Days Inventory
For the Aerospace & Defense subindustry, Sidus Space'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.
Sidus Space's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Sidus Space's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sidus Space's Days Inventory falls into.
Sidus Space Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Sidus Space's Days Inventory for the fiscal year that ended in Dec. 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.
Sidus Space (NAS:SIDU) 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.
Sidus Space's Inventory Turnover for the
three
months ended in Dec. 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.
Sidus Space's Inventory to Revenue for the
three
months ended in Dec. 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.
Sidus Space Days Inventory Related Terms
Thank you for viewing the detailed overview of Sidus Space's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sidus Space Inc is a Space and Defense as-a-Service company focused on providing complex space hardware, satellite/spacecraft design, manufacture, launch, and data solutions for both government and commercial in-space missions for all destinations through the solar system. This includes a Space-based infrastructure of multi-mission satellites with hyperspectral, multi-spectral and other sensors to provide monitoring services and solutions to multiple sectors and industries. The company supports Commercial Space, Aerospace, Defense, Underwater Marine and other commercial and government customers.
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