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Days Inventory
0.00 (As of Feb. 2017)

Adobe Systems Inc's average inventory for the three months ended in Feb. 2017 was \$0 Mil. Adobe Systems Inc's cost of goods sold for the three months ended in Feb. 2017 was \$237 Mil. Hence, Adobe Systems Inc's days inventory for the three months ended in Feb. 2017 was 0.00.

Adobe Systems Inc's days inventory stayed the same from Feb. 2016 (0.00) to Feb. 2017 (0.00).

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

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

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. Adobe Systems Inc's inventory to revenue ratio for the three months ended in Feb. 2017 was 0.00.

Definition

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

Adobe Systems Inc's Days Inventory for the fiscal year that ended in Nov. 2016 is calculated as

 Days Inventory (A: Nov. 2016 ) = Average Inventory / COGS * Days in Period = ( (Inventory (A: Nov. 2015 ) + Inventory (A: Nov. 2016 )) / 2 ) / COGS (A: Nov. 2016 ) * Days in Period = ( (0 + 0) / 2 ) / 819.908 * 365 = 0 / 819.908 * 365 = 0.00

Adobe Systems Inc's Days Inventory for the quarter that ended in Feb. 2017 is calculated as:

 Days Inventory (Q: Feb. 2017 ) = Average Inventory / COGS * Days in Period = ( (Inventory (Q: Nov. 2016 ) + Inventory (Q: Feb. 2017 )) / 2 ) / COGS (Q: Feb. 2017 ) * Days in Period = ( (0 + 0) / 2 ) / 237.337 * 365 / 4 = 0 / 237.337 * 365 / 4 = 0.00

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

Explanation

An increase of Days Inventory may indicate the company's sales slowed.

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

Adobe Systems Inc's Days Sales of Inventory for the three months ended in Feb. 2017 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 0 / 1681.646 * 365 / 4 =

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

Adobe Systems Inc's Inventory Turnover for the three months ended in Feb. 2017 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 237.337 / 0 =

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.

Adobe Systems Inc's Inventory to Revenue for the three months ended in Feb. 2017 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 0 / 1681.646 = 0.00

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

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.