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Flextronics International Ltd (NAS:FLEX)
Days Inventory
51.01 (As of Jun. 2014)

Flextronics International Ltd's inventory for the three months ended in Jun. 2014 was \$3,510 Mil. Flextronics International Ltd's cost of goods sold for the three months ended in Jun. 2014 was \$6,262 Mil. Hence, Flextronics International Ltd's days inventory for the three months ended in Jun. 2014 was 51.01.

Flextronics International Ltd's days inventory declined from Jun. 2013 (52.35) to Jun. 2014 (51.01).

Inventory can be measured by Days Sales of Inventory (DSI). Flextronics International Ltd's days sales of inventory (DSI) for the three months ended in Jun. 2014 was 48.09.

Inventory turnover measures how fast the company turns over its inventory within a year. Flextronics International Ltd's inventory turnover for the three months ended in Jun. 2014 was 1.78.

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. Flextronics International Ltd's inventory to revenue ratio for the three months ended in Jun. 2014 was 0.53.

Definition

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

Flextronics International Ltd's Days Inventory for the fiscal year that ended in Mar. 2014 is calculated as

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 3599.008 / 24668.386 * 365 = 53.25

Flextronics International Ltd's Days Inventory for the quarter that ended in Jun. 2014 is calculated as:

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 3510.163 / 6261.96 * 91 = 51.01

* 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).

Flextronics International Ltd's Days Sales of Inventory for the three months ended in Jun. 2014 is calculated as

 Days Sales of Inventory (DSI) = Inventory / Revenue * Days in Period = 3510.163 / 6642.745 * 91 = 48.09

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

Flextronics International Ltd's Inventory Turnover for the three months ended in Jun. 2014 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 6261.96 / 3510.163 = 1.78

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.

Flextronics International Ltd's Inventory to Revenue for the three months ended in Jun. 2014 is calculated as

 Inventory to Revenue = Inventory / Revenue = 3510.163 / 6642.745 = 0.53

* 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.

Flextronics International Ltd Annual Data

 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 DaysInventory 37.33 43.64 52.18 57.88 36.87 45.85 48.25 43.30 44.36 53.25

Flextronics International Ltd Quarterly Data

 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 DaysInventory 49.97 51.15 48.91 45.07 48.58 52.35 58.38 53.28 51.48 51.01
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