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Cisco Systems Inc (NAS:CSCO)
Days Inventory
24.44 (As of Oct. 2016)

Cisco Systems Inc's average inventory for the three months ended in Oct. 2016 was $1,197 Mil. Cisco Systems Inc's cost of goods sold for the three months ended in Oct. 2016 was $4,468 Mil. Hence, Cisco Systems Inc's days inventory for the three months ended in Oct. 2016 was 24.44.

CSCO' s Days Inventory Range Over the Past 10 Years
Min: 26.83   Max: 39.05
Current: 26.83

26.83
39.05

During the past 13 years, Cisco Systems Inc's highest Days Inventory was 39.05. The lowest was 26.83. And the median was 30.61.

CSCO's Days Inventory is ranked higher than
84% of the 504 Companies
in the Global Communication Equipment industry.

( Industry Median: 70.17 vs. CSCO: 26.83 )

Cisco Systems Inc's days inventory declined from Oct. 2015 (29.25) to Oct. 2016 (24.44).

Inventory can be measured by Days Sales of Inventory (DSI). Cisco Systems Inc's days sales of inventory (DSI) for the three months ended in Oct. 2016 was 8.84.

Inventory turnover measures how fast the company turns over its inventory within a year. Cisco Systems Inc's inventory turnover for the three months ended in Oct. 2016 was 3.73.

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. Cisco Systems Inc's inventory to revenue ratio for the three months ended in Oct. 2016 was 0.10.


Definition

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

Cisco Systems Inc's Days Inventory for the fiscal year that ended in Jul. 2015 is calculated as

Days Inventory (A: Jul. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Jul. 2014 ) + Inventory (A: Jul. 2015 )) / 2 ) / COGS (A: Jul. 2015 )*Days in Period
=( (1591 + 1627) / 2 ) / 19480*365
=1609 / 19480*365
=30.15

Cisco Systems Inc's Days Inventory for the quarter that ended in Oct. 2016 is calculated as:

Days Inventory (Q: Oct. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jul. 2016 ) + Inventory (Q: Oct. 2016 )) / 2 ) / COGS (Q: Oct. 2016 )*Days in Period
=( (1217 + 1176) / 2 ) / 4468*365 / 4
=1196.5 / 4468*365 / 4
=24.44

* 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).

Cisco Systems Inc's Days Sales of Inventory for the three months ended in Oct. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=1196.5/12352*365 / 4
=8.84

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

Cisco Systems Inc's Inventory Turnover for the three months ended in Oct. 2016 is calculated as

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.

Cisco Systems Inc's Inventory to Revenue for the three months ended in Oct. 2016 is calculated as

* 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

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

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

Cisco Systems Inc Annual Data

Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15Jul16
DaysInventory 39.0532.8832.3630.4430.7732.1929.8928.8930.1528.38

Cisco Systems Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
DaysInventory 28.7430.3533.5736.1130.2429.2528.8728.8425.0524.44
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