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ARRIS International (ARRIS International) Days Inventory : 50.84 (As of Dec. 2018)


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What is ARRIS International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ARRIS International's Average Total Inventories for the three months ended in Dec. 2018 was $729 Mil. ARRIS International's Cost of Goods Sold for the three months ended in Dec. 2018 was $1,308 Mil. Hence, ARRIS International's Days Inventory for the three months ended in Dec. 2018 was 50.84.

The historical rank and industry rank for ARRIS International's Days Inventory or its related term are showing as below:

ARRS's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 102.45
* Ranked among companies with meaningful Days Inventory only.

ARRIS International's Days Inventory declined from Dec. 2017 (58.69) to Dec. 2018 (50.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. ARRIS International's Inventory Turnover for the three months ended in Dec. 2018 was 1.79.

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. ARRIS International's Inventory-to-Revenue for the three months ended in Dec. 2018 was 0.41.


ARRIS International Days Inventory Historical Data

The historical data trend for ARRIS International'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.

* Premium members only.

ARRIS International Days Inventory Chart

ARRIS International Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.68 43.35 33.96 50.78 59.22

ARRIS International Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.69 69.32 61.40 58.49 50.84

Competitive Comparison of ARRIS International's Days Inventory

For the Communication Equipment subindustry, ARRIS International'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.


ARRIS International's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ARRIS International's Days Inventory distribution charts can be found below:

* The bar in red indicates where ARRIS International's Days Inventory falls into.



ARRIS International Days Inventory Calculation

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

ARRIS International's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (825.211 + 740.205) / 2 ) / 4823.781*365
=782.708 / 4823.781*365
=59.22

ARRIS International's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

Days Inventory (Q: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2018 ) + Total Inventories (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (717.272 + 740.205) / 2 ) / 1307.91*365 / 4
=728.7385 / 1307.91*365 / 4
=50.84

* 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.


ARRIS International  (NAS:ARRS) 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.

ARRIS International's Inventory Turnover for the three months ended in Dec. 2018 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.

ARRIS International's Inventory to Revenue for the three months ended in Dec. 2018 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.


ARRIS International Days Inventory Related Terms

Thank you for viewing the detailed overview of ARRIS International's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


ARRIS International (ARRIS International) Business Description

Traded in Other Exchanges
N/A
Address
3871 Lakefield Drive, Suwanee, GA, USA, 30024
ARRIS International PLC is a media entertainment and data communications solutions provider. Its innovations combine hardware, software, and services across the cloud, network, and home to power TV and Internet for millions of people around the globe. It operates in two business segments, Customer Premises Equipment, and Network & Cloud. It specializes in enabling multichannel video programming distribution including cable, telephone, and digital broadcast satellite operatorion. It operates manufacturing facilities in Taipei, Taiwan; Tijuana, Mexico, and Manaus, Brazil.