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PPL Corp (NYSE:PPL)
Days Inventory
82.32 (As of Sep. 2016)

PPL Corp's average inventory for the three months ended in Sep. 2016 was $341 Mil. PPL Corp's cost of goods sold for the three months ended in Sep. 2016 was $378 Mil. Hence, PPL Corp's days inventory for the three months ended in Sep. 2016 was 82.32.

PPL' s Days Inventory Range Over the Past 10 Years
Min: 23.24   Max: 173.17
Current: 83.18

23.24
173.17

During the past 13 years, PPL Corp's highest Days Inventory was 173.17. The lowest was 23.24. And the median was 52.88.

PPL's Days Inventory is ranked lower than
87% of the 567 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 21.77 vs. PPL: 83.18 )

PPL Corp's days inventory increased from Sep. 2015 (71.65) to Sep. 2016 (82.32). It might indicate that PPL Corp's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). PPL Corp's days sales of inventory (DSI) for the three months ended in Sep. 2016 was 16.47.

Inventory turnover measures how fast the company turns over its inventory within a year. PPL Corp's inventory turnover for the three months ended in Sep. 2016 was 1.11.

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. PPL Corp's inventory to revenue ratio for the three months ended in Sep. 2016 was 0.18.


Definition

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

PPL Corp's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2013 ) + Inventory (A: Dec. 2014 )) / 2 ) / COGS (A: Dec. 2014 )*Days in Period
=( (702 + 836) / 2 ) / 3830*365
=769 / 3830*365
=73.29

PPL Corp'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
=( (336 + 346) / 2 ) / 378*365 / 4
=341 / 378*365 / 4
=82.32

* 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).

PPL Corp'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
=341/1889*365 / 4
=16.47

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

PPL Corp'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.

PPL Corp'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.

PPL Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 173.1777.8923.9023.2444.4645.5349.6756.0973.29126.73

PPL Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysInventory 56.8343.1037.9875.12119.0571.6589.1573.1192.3682.32
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