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Seagate Technology PLC (NAS:STX)
Days Inventory
40.73 (As of Sep. 2016)

Seagate Technology PLC's average inventory for the three months ended in Sep. 2016 was $891 Mil. Seagate Technology PLC's cost of goods sold for the three months ended in Sep. 2016 was $1,996 Mil. Hence, Seagate Technology PLC's days inventory for the three months ended in Sep. 2016 was 40.73.

STX' s Days Inventory Range Over the Past 10 Years
Min: 29.95   Max: 42.67
Current: 42.67

29.95
42.67

During the past 13 years, Seagate Technology PLC's highest Days Inventory was 42.67. The lowest was 29.95. And the median was 33.46.

STX's Days Inventory is ranked higher than
76% of the 2188 Companies
in the Global Data Storage industry.

( Industry Median: 72.38 vs. STX: 42.67 )

Seagate Technology PLC's days inventory declined from Sep. 2015 (42.67) to Sep. 2016 (40.73).

Inventory can be measured by Days Sales of Inventory (DSI). Seagate Technology PLC's days sales of inventory (DSI) for the three months ended in Sep. 2016 was 29.07.

Inventory turnover measures how fast the company turns over its inventory within a year. Seagate Technology PLC's inventory turnover for the three months ended in Sep. 2016 was 2.24.

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. Seagate Technology PLC's inventory to revenue ratio for the three months ended in Sep. 2016 was 0.32.


Definition

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

Seagate Technology PLC's Days Inventory for the fiscal year that ended in Jun. 2016 is calculated as

Days Inventory (A: Jun. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Jun. 2015 ) + Inventory (A: Jun. 2016 )) / 2 ) / COGS (A: Jun. 2016 )*Days in Period
=( (993 + 868) / 2 ) / 8545*365
=930.5 / 8545*365
=39.75

Seagate Technology PLC'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
=( (868 + 914) / 2 ) / 1996*365 / 4
=891 / 1996*365 / 4
=40.73

* 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).

Seagate Technology PLC'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
=891/2797*365 / 4
=29.07

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

Seagate Technology PLC'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.

Seagate Technology PLC'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.

Seagate Technology PLC Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
DaysInventory 33.5233.4033.3029.9533.6931.7030.9033.9836.3539.75

Seagate Technology PLC Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysInventory 35.1634.3137.6142.4944.0142.6743.5743.4941.1440.73
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