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T. Rowe Price Group Inc (NAS:TROW)
Days Inventory
0.00 (As of Dec. 2016)

T. Rowe Price Group Inc's average inventory for the three months ended in Dec. 2016 was \$0 Mil. T. Rowe Price Group Inc's cost of goods sold for the three months ended in Dec. 2016 was \$81 Mil. Hence, T. Rowe Price Group Inc's days inventory for the three months ended in Dec. 2016 was 0.00.

T. Rowe Price Group Inc's days inventory stayed the same from Dec. 2015 (0.00) to Dec. 2016 (0.00).

Inventory can be measured by Days Sales of Inventory (DSI).

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

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. T. Rowe Price Group Inc's inventory to revenue ratio for the three months ended in Dec. 2016 was 0.00.

Definition

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

T. Rowe Price Group Inc's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

 Days Inventory (A: Dec. 2016 ) = Average Inventory / COGS * Days in Period = ( (Inventory (A: Dec. 2015 ) + Inventory (A: Dec. 2016 )) / 2 ) / COGS (A: Dec. 2016 ) * Days in Period = ( (0 + 0) / 2 ) / 314.5 * 365 = 0 / 314.5 * 365 = 0.00

T. Rowe Price Group Inc's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

 Days Inventory (Q: Dec. 2016 ) = Average Inventory / COGS * Days in Period = ( (Inventory (Q: Sep. 2016 ) + Inventory (Q: Dec. 2016 )) / 2 ) / COGS (Q: Dec. 2016 ) * Days in Period = ( (0 + 0) / 2 ) / 80.8 * 365 / 4 = 0 / 80.8 * 365 / 4 = 0.00

* 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).

T. Rowe Price Group Inc's Days Sales of Inventory for the three months ended in Dec. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 0 / 1091.2 * 365 / 4 =

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

T. Rowe Price Group Inc's Inventory Turnover for the three months ended in Dec. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 80.8 / 0 =

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.

T. Rowe Price Group Inc's Inventory to Revenue for the three months ended in Dec. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 0 / 1091.2 = 0.00

* 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

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

T. Rowe Price Group Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 DaysInventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

T. Rowe Price Group Inc Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 DaysInventory 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
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