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Nuance Communications Inc (NAS:NUAN)
Days Inventory
0.00 (As of Jun. 2016)

Nuance Communications Inc's average inventory for the three months ended in Jun. 2016 was $0 Mil. Nuance Communications Inc's cost of goods sold for the three months ended in Jun. 2016 was $208 Mil. Hence, Nuance Communications Inc's days inventory for the three months ended in Jun. 2016 was 0.00.

NUAN' s Days Inventory Range Over the Past 10 Years
Min: 0.79   Max: 13.65
Current: 0.79

0.79
13.65

During the past 13 years, Nuance Communications Inc's highest Days Inventory was 13.65. The lowest was 0.79. And the median was 6.54.

NUAN's Days Inventory is ranked higher than
92% of the 1082 Companies
in the Global Software - Application industry.

( Industry Median: 16.59 vs. NUAN: 0.79 )

Nuance Communications Inc's days inventory stayed the same from Jun. 2015 (0.00) to Jun. 2016 (0.00).

Inventory can be measured by Days Sales of Inventory (DSI).

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

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. Nuance Communications Inc's inventory to revenue ratio for the three months ended in Jun. 2016 was 0.00.


Definition

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

Nuance Communications Inc's Days Inventory for the fiscal year that ended in Sep. 2015 is calculated as

Days Inventory (A: Sep. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Sep. 2014 ) + Inventory (A: Sep. 2015 )) / 2 ) / COGS (A: Sep. 2015 )*Days in Period
=( (12.453 + 8.994) / 2 ) / 829.879*365
=10.7235 / 829.879*365
=4.72

Nuance Communications Inc's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Mar. 2016 ) + Inventory (Q: Jun. 2016 )) / 2 ) / COGS (Q: Jun. 2016 )*Days in Period
=( (0 + 0) / 2 ) / 207.878*365 / 4
=0 / 207.878*365 / 4
=0.00

* 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).

Nuance Communications Inc's Days Sales of Inventory for the three months ended in Jun. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=0/477.851*365 / 4
=

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

Nuance Communications Inc's Inventory Turnover for the three months ended in Jun. 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.

Nuance Communications Inc's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

* 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

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 own currency.

Nuance Communications Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysInventory 10.7213.658.773.633.837.296.866.215.874.72

Nuance Communications Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysInventory 0.000.002.702.700.000.001.931.990.000.00
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