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GuruFocus has detected 7 Warning Signs with Seagate Technology PLC \$STX.
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Seagate Technology PLC (NAS:STX)
Change In Inventory
\$-94 Mil (As of Dec. 2016)

Seagate Technology PLC's change in inventory for the quarter that ended in Dec. 2016 was \$-94 Mil. It means Seagate Technology PLC's inventory increased by \$94 Mil from Sep. 2016 to Dec. 2016 .

Seagate Technology PLC's change in inventory for the fiscal year that ended in Jun. 2016 was \$145 Mil. It means Seagate Technology PLC's inventory declined by \$145 Mil from Jun. 2015 to Jun. 2016 .

Seagate Technology PLC's inventory for the quarter that ended in Dec. 2016 was \$1,008 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Seagate Technology PLC's days inventory for the quarter that ended in Dec. 2016 was 43.78.

Inventory can be measured by Days Sales of Inventory (DSI). Seagate Technology PLC's days sales of inventory (DSI) for the quarter that ended in Dec. 2016 was 30.30.

Inventory turnover measures how fast the company turns over its inventory within a year. Seagate Technology PLC's inventory turnover for the quarter that ended in Dec. 2016 was 2.08.

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. Seagate Technology PLC's inventory to revenue ratio for the quarter that ended in Dec. 2016 was 0.33.

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.

Seagate Technology PLC's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 961 / 2003 * 365 / 4 = 43.78

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

Seagate Technology PLC's Days Sales of Inventory for the quarter that ended in Dec. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 961 / 2894 * 365 / 4 = 30.30

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

Seagate Technology PLC's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 2003 / 961 = 2.08

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.

Seagate Technology PLC's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 961 / 2894 = 0.33

* 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.

Seagate Technology PLC Annual Data

 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 ChangeInInventory 106 -151 358 -170 -115 99 102 -20 29 145

Seagate Technology PLC Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 ChangeInInventory -49 -58 46 90 -105 73 117 60 -46 -94
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