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Cisco Systems Inc (NAS:CSCO)
Days Inventory
30.63 (As of Apr. 2014)

Cisco Systems Inc's inventory for the three months ended in Apr. 2014 was \$1,528 Mil. Cisco Systems Inc's cost of goods sold for the three months ended in Apr. 2014 was \$4,539 Mil. Hence, Cisco Systems Inc's days inventory for the three months ended in Apr. 2014 was 30.63.

Cisco Systems Inc's days inventory increased from Apr. 2013 (28.41) to Apr. 2014 (30.63). It might indicate that Cisco Systems Inc's sales slowed down.

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 Apr. 2014 was 12.04.

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 Apr. 2014 was 2.97.

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 Apr. 2014 was 0.13.

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. 2013 is calculated as

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 1476 / 19167 * 365 = 28.11

Cisco Systems Inc's Days Inventory for the quarter that ended in Apr. 2014 is calculated as:

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 1528 / 4539 * 91 = 30.63

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 Apr. 2014 is calculated as

 Days Sales of Inventory (DSI) = Inventory / Revenue * Days in Period = 1528 / 11545 * 91 = 12.04

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 Apr. 2014 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 4539 / 1528 = 2.97

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 Apr. 2014 is calculated as

 Inventory to Revenue = Inventory / Revenue = 1528 / 11545 = 0.13

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Cisco Systems Inc Annual Data

 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 DaysInventory 63.67 58.23 51.39 38.34 31.76 30.10 33.64 32.51 34.00 28.11

Cisco Systems Inc Quarterly Data

 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 DaysInventory 32.43 30.83 32.86 33.54 30.12 28.41 26.49 28.52 27.07 30.63
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