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GuruFocus has detected 3 Warning Signs with NTT DOCOMO Inc $DCM.
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NTT DOCOMO Inc (NYSE:DCM)
Days Inventory
25.47 (As of Dec. 2016)

NTT DOCOMO Inc's average inventory for the three months ended in Dec. 2016 was $1,360 Mil. NTT DOCOMO Inc's cost of goods sold for the three months ended in Dec. 2016 was $4,875 Mil. Hence, NTT DOCOMO Inc's days inventory for the three months ended in Dec. 2016 was 25.47.

DCM' s Days Inventory Range Over the Past 10 Years
Min: 27.21   Max: 40.84
Current: 27.79

27.21
40.84

During the past 13 years, NTT DOCOMO Inc's highest Days Inventory was 40.84. The lowest was 27.21. And the median was 33.65.

DCM's Days Inventory is ranked lower than
69% of the 345 Companies
in the Global Telecom Services industry.

( Industry Median: 16.41 vs. DCM: 27.79 )

NTT DOCOMO Inc's days inventory declined from Dec. 2015 (34.86) to Dec. 2016 (25.47).

Inventory can be measured by Days Sales of Inventory (DSI). NTT DOCOMO Inc's days sales of inventory (DSI) for the three months ended in Dec. 2016 was 12.19.

Inventory turnover measures how fast the company turns over its inventory within a year. NTT DOCOMO Inc's inventory turnover for the three months ended in Dec. 2016 was 3.58.

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. NTT DOCOMO Inc's inventory to revenue ratio for the three months ended in Dec. 2016 was 0.13.


Definition

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

NTT DOCOMO Inc's Days Inventory for the fiscal year that ended in Mar. 2016 is calculated as

Days Inventory (A: Mar. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Mar. 2015 ) + Inventory (A: Mar. 2016 )) / 2 ) / COGS (A: Mar. 2016 )*Days in Period
=( (1547.20522947 + 1362.55807714) / 2 ) / 18861.1700701*365
=1454.88165331 / 18861.1700701*365
=28.15

NTT DOCOMO Inc's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

Days Inventory (Q: Dec. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Sep. 2016 ) + Inventory (Q: Dec. 2016 )) / 2 ) / COGS (Q: Dec. 2016 )*Days in Period
=( (1485.70064342 + 1235.10643709) / 2 ) / 4874.70053389*365 / 4
=1360.40354025 / 4874.70053389*365 / 4
=25.47

* 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).

NTT DOCOMO Inc's Days Sales of Inventory for the three months ended in Dec. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=1360.40354025/10183.3564515*365 / 4
=12.19

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

NTT DOCOMO Inc's Inventory Turnover for the three months ended in Dec. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Inventory
=4874.70053389 / 1360.40354025
=3.58

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.

NTT DOCOMO Inc's Inventory to Revenue for the three months ended in Dec. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=1360.40354025 / 10183.3564515
=0.13

* 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.

NTT DOCOMO Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysInventory 34.4225.3028.5029.1632.0133.8135.9842.2741.6528.15

NTT DOCOMO Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysInventory 38.3933.4033.4639.3937.0034.8625.9331.2426.8925.47
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