Days Inventory is also known as Days Sales of Inventory (DSI). United States Cellular's Average Total Inventories for the
three
months ended in Dec. 2023 was $187 Mil. United States Cellular's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $463 Mil.
Hence, United States Cellular's Days Inventory for the
three
months ended in Dec. 2023 was 36.85.
The historical rank and industry rank for United States Cellular's Days Inventory or its related term are showing as below:
USM'
s Days Inventory Range Over the Past 10 Years
Min: 27.94 Med: 31.23 Max: 48.58
Current: 46.74
During the past 13 years, United States Cellular's highest Days Inventory was 48.58. The lowest was 27.94. And the median was 31.23.
USM's Days Inventory is ranked worse than 80.2% of 298
companies
in the Telecommunication Services industry
Industry Median: 19.14
vs USM: 46.74
United States Cellular's Days Inventory
declined
from Dec. 2022 (45.09) to Dec. 2023 (36.85).
Inventory Turnover measures how fast the company turns over its inventory within a year.
United States Cellular's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.48.
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.
United States Cellular's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.19.
United States Cellular Days Inventory Historical Data
The historical data trend for United States Cellular'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.
United States Cellular Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
31.10
31.35
30.51
40.19
48.58
United States Cellular Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
45.09
54.85
51.52
42.53
36.85
Competitive Comparison
For the Telecom Services subindustry, United States Cellular'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.
United States Cellular Days Inventory Distribution
For the Telecommunication Services industry and Communication Services sector, United States Cellular's Days Inventory distribution charts can be found below:
* The bar in red indicates where United States Cellular's Days Inventory falls into.
United States Cellular Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
United States Cellular's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
United States Cellular (NYSE:USM) 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.
United States Cellular's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
United States Cellular's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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.
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.
United States Cellular Days Inventory Related Terms
Thank you for viewing the detailed overview of United States Cellular's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
United States Cellular (United States Cellular) Business Description
U.S. Cellular is a regional wireless carrier that serves about 5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.
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