Rogers Communications (Rogers Communications) Days Inventory

: 13.87 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Rogers Communications's Average Total Inventories for the three months ended in Dec. 2023 was $341 Mil. Rogers Communications's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,241 Mil. Hence, Rogers Communications's Days Inventory for the three months ended in Dec. 2023 was 13.87.

The historical rank and industry rank for Rogers Communications's Days Inventory or its related term are showing as below:

RCI' s Days Inventory Range Over the Past 10 Years
Min: 12.22 Med: 18.15 Max: 21.26
Current: 16.71

During the past 13 years, Rogers Communications's highest Days Inventory was 21.26. The lowest was 12.22. And the median was 18.15.

RCI's Days Inventory is ranked better than
55.7% of 298 companies
in the Telecommunication Services industry
Industry Median: 19.215 vs RCI: 16.71

Rogers Communications's Days Inventory declined from Dec. 2022 (14.11) to Dec. 2023 (13.87).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rogers Communications's Inventory Turnover for the three months ended in Dec. 2023 was 6.58.

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. Rogers Communications's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.09.

Rogers Communications Days Inventory Historical Data

The historical data trend for Rogers Communications's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rogers Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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18.88

20.98

21.10

20.39

15.12

Rogers Communications Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															14.11	23.19	17.32	17.31	13.87

Competitive Comparison

For the Telecom Services subindustry, Rogers Communications's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rogers Communications Days Inventory Distribution

For the Telecommunication Services industry and Communication Services sector, Rogers Communications's Days Inventory distribution charts can be found below:

* The bar in red indicates where Rogers Communications's Days Inventory falls into.

Rogers Communications Days Inventory Calculation

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

Rogers Communications's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (322.414	+	339.893)	/	2 )	/	7995.677	*	365
=	331.1535					/	7995.677	*	365
=	15.12

Rogers Communications's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (341.438	+	339.893)	/	2 )	/	2240.608	*	365 / 4
=	340.6655					/	2240.608	*	365 / 4
=	13.87

Rogers Communications (NYSE:RCI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Rogers Communications's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2240.608	/	340.6655
	=	6.58

2. 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.

Rogers Communications's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	340.6655	/	3976.595
	=	0.09

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.

Rogers Communications Days Inventory Related Terms

Thank you for viewing the detailed overview of Rogers Communications's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Rogers Communications (Rogers Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Rogers Communications Inc (NYSE:RCI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

RCIAF:USA RCI.B:Canada RCI.A:Canada

Address

333 Bloor Street East, 10th Floor, Toronto, ON, CAN, M4W 1G9

Website

https://www.rogers.com

Rogers Communications is the largest wireless service provider in Canada, with its more than 10 million subscribers equating to one third of the total Canadian market. Its wireless business accounted for more than half of total revenue and has increasingly been providing a bigger portion of total company sales over the last several years. Rogers' cable segment, which provides about 40% of total revenue after acquiring Shaw, offers home internet, television, and landline phone service to consumers and businesses. Remaining sales come from Rogers' media unit, which owns and operates various television and radio stations and the Toronto Blue Jays. Rogers' significant exposure to sports also includes ownership stakes in the Toronto Maple Leafs, Raptors, FC, and Argonauts.