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Walt Disney Co (NYSE:DIS)
Days Inventory
17.14 (As of Sep. 2016)

Walt Disney Co's average inventory for the three months ended in Sep. 2016 was $1,372 Mil. Walt Disney Co's cost of goods sold for the three months ended in Sep. 2016 was $7,305 Mil. Hence, Walt Disney Co's days inventory for the three months ended in Sep. 2016 was 17.14.

DIS' s Days Inventory Range Over the Past 10 Years
Min: 8.48   Max: 24.36
Current: 17.28

8.48
24.36

During the past 13 years, Walt Disney Co's highest Days Inventory was 24.36. The lowest was 8.48. And the median was 17.38.

DIS's Days Inventory is ranked lower than
52% of the 302 Companies
in the Global Media - Diversified industry.

( Industry Median: 14.98 vs. DIS: 17.28 )

Walt Disney Co's days inventory declined from Sep. 2015 (19.13) to Sep. 2016 (17.14).

Inventory can be measured by Days Sales of Inventory (DSI). Walt Disney Co's days sales of inventory (DSI) for the three months ended in Sep. 2016 was 9.53.

Inventory turnover measures how fast the company turns over its inventory within a year. Walt Disney Co's inventory turnover for the three months ended in Sep. 2016 was 5.32.

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. Walt Disney Co's inventory to revenue ratio for the three months ended in Sep. 2016 was 0.10.


Definition

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

Walt Disney Co's Days Inventory for the fiscal year that ended in Sep. 2016 is calculated as

Days Inventory (A: Sep. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Sep. 2015 ) + Inventory (A: Sep. 2016 )) / 2 ) / COGS (A: Sep. 2016 )*Days in Period
=( (1571 + 1390) / 2 ) / 29993*365
=1480.5 / 29993*365
=18.02

Walt Disney Co's Days Inventory for the quarter that ended in Sep. 2016 is calculated as:

Days Inventory (Q: Sep. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jun. 2016 ) + Inventory (Q: Sep. 2016 )) / 2 ) / COGS (Q: Sep. 2016 )*Days in Period
=( (1354 + 1390) / 2 ) / 7305*365 / 4
=1372 / 7305*365 / 4
=17.14

* 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).

Walt Disney Co's Days Sales of Inventory for the three months ended in Sep. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=1372/13142*365 / 4
=9.53

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

Walt Disney Co's Inventory Turnover for the three months ended in Sep. 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.

Walt Disney Co's Inventory to Revenue for the three months ended in Sep. 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.

Walt Disney Co Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
DaysInventory 8.4810.6014.3515.8016.7424.3622.0521.1420.2418.02

Walt Disney Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysInventory 19.8419.4918.1819.8320.1719.1315.9018.5217.1517.14
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