Virgin Galactic Holdings (SPCE) Inventory Average (2020 - 2023)
Virgin Galactic Holdings (SPCE) posted Inventory Average of $16.7 million for Q4 2023, down 5.52% sequentially from $17.7 million in Q3 2023, and down 28.85% YoY from $23.4 million in Q4 2022.
Virgin Galactic Holdings (SPCE) Inventory Average (2020 - 2023) Analysis & Trends
Virgin Galactic Holdings has reported Inventory Average for 4 years, with the latest figure at $16.7 million in Q4 2023.
- Quarterly Inventory Average fell 28.85% year-over-year to $16.7 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $16.7 million (down 28.85% YoY) and the FY2023 annual result came in at $20.2 million, down 24.89% from the prior year.
- Inventory Average slipped to $16.7 million in Q4 2023 per SPCE's latest filing, from $17.7 million in the prior quarter.
- Over five years, Inventory Average peaked at $31.6 million in Q2 2022 and troughed at $16.7 million in Q4 2023.
- A 4-year average of $26.5 million and a median of $28.5 million in 2020 frame the typical range for Inventory Average.
- The sharpest annual moves came in 2021 and 2023: Inventory Average increased 10.27% in 2021, then slumped 37.67% in 2023.
- Over 4 years, Inventory Average stood at $27.8 million in 2020, then advanced by 6.01% to $29.5 million in 2021, then retreated by 20.48% to $23.4 million in 2022, then decreased by 28.85% to $16.7 million in 2023.
- According to Business Quant data, Inventory Average over the past three periods registered $16.7 million, $17.7 million, and $20.2 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 12.40 Bn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 14.28 Bn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 87.81 Bn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | 4.33 Bn |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 2.08 Bn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | 9.14 Bn |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | 1.43 Bn |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | 2.49 Bn |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | 1.25 Bn |
| 10 | Virgin Galactic Holdings | 341.13 Mn | 341.13 Mn | -28.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 16.68 Mn |
| Sep 30, 2023 | 17.66 Mn |
| Jun 30, 2023 | 20.21 Mn |
| Mar 31, 2023 | 23.11 Mn |
| Dec 31, 2022 | 23.45 Mn |
| Sep 30, 2022 | 28.33 Mn |
| Jun 30, 2022 | 31.64 Mn |
| Mar 31, 2022 | 29.57 Mn |
| Dec 31, 2021 | 29.49 Mn |
| Sep 30, 2021 | 29.64 Mn |
| Jun 30, 2021 | 30.08 Mn |
| Mar 31, 2021 | 30.34 Mn |
| Dec 31, 2020 | 27.82 Mn |
| Sep 30, 2020 | 26.88 Mn |
| Jun 30, 2020 | 28.70 Mn |
| Mar 31, 2020 | 30.33 Mn |