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Trimble Navigation Ltd (NAS:TRMB)
Days Inventory
77.16 (As of Jun. 2016)

Trimble Navigation Ltd's average inventory for the three months ended in Jun. 2016 was $249 Mil. Trimble Navigation Ltd's cost of goods sold for the three months ended in Jun. 2016 was $294 Mil. Hence, Trimble Navigation Ltd's days inventory for the three months ended in Jun. 2016 was 77.16.

TRMB' s Days Inventory Range Over the Past 10 Years
Min: 76.54   Max: 96.54
Current: 86.4

76.54
96.54

During the past 13 years, Trimble Navigation Ltd's highest Days Inventory was 96.54. The lowest was 76.54. And the median was 87.37.

TRMB's Days Inventory is ranked lower than
60% of the 2184 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 72.96 vs. TRMB: 86.40 )

Trimble Navigation Ltd's days inventory declined from Jun. 2015 (90.12) to Jun. 2016 (77.16).

Inventory can be measured by Days Sales of Inventory (DSI). Trimble Navigation Ltd's days sales of inventory (DSI) for the three months ended in Jun. 2016 was 37.21.

Inventory turnover measures how fast the company turns over its inventory within a year. Trimble Navigation Ltd's inventory turnover for the three months ended in Jun. 2016 was 1.18.

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. Trimble Navigation Ltd's inventory to revenue ratio for the three months ended in Jun. 2016 was 0.41.


Definition

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

Trimble Navigation Ltd'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
=( (278.1 + 261.1) / 2 ) / 1088.2*365
=269.6 / 1088.2*365
=90.43

Trimble Navigation Ltd'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
=( (255.5 + 241.7) / 2 ) / 294*365 / 4
=248.6 / 294*365 / 4
=77.16

* 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).

Trimble Navigation Ltd'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
=248.6/609.6*365 / 4
=37.21

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

Trimble Navigation Ltd'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.

Trimble Navigation Ltd's Inventory to Revenue for the three months ended in Jun. 2016 is calculated as

* 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.

Trimble Navigation Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysInventory 83.9676.5481.5596.5494.8195.2186.7783.2987.9690.43

Trimble Navigation Ltd Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysInventory 85.5785.8494.0493.5291.8090.1295.3291.1383.4677.16
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