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GuruFocus has detected 4 Warning Signs with Qualcomm Inc \$QCOM.
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Qualcomm Inc (NAS:QCOM)
Change In Inventory
\$109 Mil (As of Mar. 2017)

Qualcomm Inc's change in inventory for the quarter that ended in Mar. 2017 was \$109 Mil. It means Qualcomm Inc's inventory declined by \$109 Mil from Dec. 2016 to Mar. 2017 .

Qualcomm Inc's change in inventory for the fiscal year that ended in Sep. 2016 was \$-49 Mil. It means Qualcomm Inc's inventory increased by \$49 Mil from Sep. 2015 to Sep. 2016 .

Qualcomm Inc's inventory for the quarter that ended in Mar. 2017 was \$2,066 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Qualcomm Inc's days inventory for the quarter that ended in Mar. 2017 was 82.16.

Inventory can be measured by Days Sales of Inventory (DSI). Qualcomm Inc's days sales of inventory (DSI) for the quarter that ended in Mar. 2017 was 36.17.

Inventory turnover measures how fast the company turns over its inventory within a year. Qualcomm Inc's inventory turnover for the quarter that ended in Mar. 2017 was 1.11.

Inventory to revenue ratio 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. Qualcomm Inc's inventory to revenue ratio for the quarter that ended in Mar. 2017 was 0.40.

Definition

Change In Inventory is the difference between last periodÂ’s ending inventory and the current periodÂ’s ending inventory.

Explanation

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

Qualcomm Inc's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 1988 / 2208 * 365 / 4 = 82.16

2. Inventory can be measured by Days Sales of Inventory (DSI).

Qualcomm Inc's Days Sales of Inventory for the quarter that ended in Mar. 2017 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 1988 / 5016 * 365 / 4 = 36.17

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

Qualcomm Inc's Inventory Turnover for the quarter that ended in Mar. 2017 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 2208 / 1988 = 1.11

4. 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.

Qualcomm Inc's Inventory to Revenue for the quarter that ended in Mar. 2017 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 1988 / 5016 = 0.40

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Qualcomm Inc Annual Data

 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 ChangeInInventory -234 -47 69 -80 -62 -252 -300 -155 93 -49

Qualcomm Inc Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 ChangeInInventory -303 -100 281 215 291 -212 90 -218 -354 109
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