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SunPower Corp (NAS:SPWR)
Days Inventory
102.85 (As of Jun. 2016)

SunPower Corp's average inventory for the three months ended in Jun. 2016 was $427 Mil. SunPower Corp's cost of goods sold for the three months ended in Jun. 2016 was $379 Mil. Hence, SunPower Corp's days inventory for the three months ended in Jun. 2016 was 102.85.

SPWR' s Days Inventory Range Over the Past 10 Years
Min: 34.5   Max: 100.06
Current: 100.06

34.5
100.06

During the past 13 years, SunPower Corp's highest Days Inventory was 100.06. The lowest was 34.50. And the median was 58.50.

SPWR's Days Inventory is ranked lower than
64% of the 825 Companies
in the Global Solar industry.

( Industry Median: 77.94 vs. SPWR: 100.06 )

SunPower Corp's days inventory increased from Jun. 2015 (90.18) to Jun. 2016 (102.85). It might indicate that SunPower Corp's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory can be measured by Days Sales of Inventory (DSI). SunPower Corp's days sales of inventory (DSI) for the three months ended in Jun. 2016 was 92.75.

Inventory turnover measures how fast the company turns over its inventory within a year. SunPower Corp's inventory turnover for the three months ended in Jun. 2016 was 0.89.

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. SunPower Corp's inventory to revenue ratio for the three months ended in Jun. 2016 was 1.02.


Definition

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

SunPower Corp'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
=( (208.573 + 382.39) / 2 ) / 1331.827*365
=295.4815 / 1331.827*365
=80.98

SunPower Corp'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
=( (386.787 + 467.914) / 2 ) / 379.158*365 / 4
=427.3505 / 379.158*365 / 4
=102.85

* 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).

SunPower Corp'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
=427.3505/420.452*365 / 4
=92.75

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

SunPower Corp'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.

SunPower Corp's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=427.3505 / 420.452
=1.02

* 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.

SunPower Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 35.2447.5365.7466.7455.0664.4761.9448.6134.5080.98

SunPower Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysInventory 41.3651.1834.9920.3766.6290.1894.8394.33105.28102.85
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