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Mylan NV (NAS:MYL)
Days Inventory
125.49 (As of Sep. 2016)

Mylan NV's average inventory for the three months ended in Sep. 2016 was $2,439 Mil. Mylan NV's cost of goods sold for the three months ended in Sep. 2016 was $1,774 Mil. Hence, Mylan NV's days inventory for the three months ended in Sep. 2016 was 125.49.

MYL' s Days Inventory Range Over the Past 10 Years
Min: 88.95   Max: 168.24
Current: 135.66

88.95
168.24

During the past 13 years, Mylan NV's highest Days Inventory was 168.24. The lowest was 88.95. And the median was 136.05.

MYL's Days Inventory is ranked lower than
58% of the 686 Companies
in the Global Drug Manufacturers - Specialty & Generic industry.

( Industry Median: 114.28 vs. MYL: 135.66 )

Mylan NV's days inventory declined from Sep. 2015 (128.24) to Sep. 2016 (125.49).

Inventory can be measured by Days Sales of Inventory (DSI). Mylan NV's days sales of inventory (DSI) for the three months ended in Sep. 2016 was 72.81.

Inventory turnover measures how fast the company turns over its inventory within a year. Mylan NV's inventory turnover for the three months ended in Sep. 2016 was 0.73.

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. Mylan NV's inventory to revenue ratio for the three months ended in Sep. 2016 was 0.80.


Definition

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

Mylan NV's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2014 ) + Inventory (A: Dec. 2015 )) / 2 ) / COGS (A: Dec. 2015 )*Days in Period
=( (1651.4 + 1951) / 2 ) / 5213.2*365
=1801.2 / 5213.2*365
=126.11

Mylan NV'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
=( (2191.3 + 2687.5) / 2 ) / 1773.8*365 / 4
=2439.4 / 1773.8*365 / 4
=125.49

* 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).

Mylan NV'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
=2439.4/3057.1*365 / 4
=72.81

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

Mylan NV'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.

Mylan NV'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.

Mylan NV Annual Data

Mar06Mar07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 163.87168.2488.95131.82132.90134.94137.16150.11144.04126.11

Mylan NV Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysInventory 156.55148.96137.60155.92128.57128.24124.44145.48142.41125.49
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