TELUS (TSX:T) Days Inventory : 22.62 (As of Dec. 2023)

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What is TELUS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TELUS's Average Total Inventories for the three months ended in Dec. 2023 was C$517 Mil. TELUS's Cost of Goods Sold for the three months ended in Dec. 2023 was C$2,086 Mil. Hence, TELUS's Days Inventory for the three months ended in Dec. 2023 was 22.62.

The historical rank and industry rank for TELUS's Days Inventory or its related term are showing as below:

TSX:T' s Days Inventory Range Over the Past 10 Years
Min: 21.64 Med: 22.86 Max: 26.49
Current: 26.49

During the past 13 years, TELUS's highest Days Inventory was 26.49. The lowest was 21.64. And the median was 22.86.

TSX:T's Days Inventory is ranked worse than
62.96% of 297 companies
in the Telecommunication Services industry
Industry Median: 19.27 vs TSX:T: 26.49

TELUS's Days Inventory declined from Dec. 2022 (22.70) to Dec. 2023 (22.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. TELUS's Inventory Turnover for the three months ended in Dec. 2023 was 4.03.

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. TELUS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.10.

TELUS Days Inventory Historical Data

The historical data trend for TELUS's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TELUS Days Inventory Chart

TELUS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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24.44

24.57

23.29

25.29

24.72

TELUS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															22.70	28.37	29.67	27.75	22.62

Competitive Comparison of TELUS's Days Inventory

For the Telecom Services subindustry, TELUS's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TELUS's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TELUS's Days Inventory distribution charts can be found below:

* The bar in red indicates where TELUS's Days Inventory falls into.

TELUS Days Inventory Calculation

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

TELUS's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (537	+	484)	/	2 )	/	7537	*	365
=	510.5					/	7537	*	365
=	24.72

TELUS's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (550	+	484)	/	2 )	/	2086	*	365 / 4
=	517					/	2086	*	365 / 4
=	22.62

TELUS (TSX:T) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

TELUS's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2086	/	517
	=	4.03

2. 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.

TELUS's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	517	/	5156
	=	0.10

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.

TELUS Days Inventory Related Terms

Thank you for viewing the detailed overview of TELUS's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

TELUS (TSX:T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TELUS Corp (TSX:T) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TU:USA BCZ:Germany

Address

510 West Georgia Street, 23rd Floor, Vancouver, BC, CAN, V6B 0M3

Website

https://www.telus.com

Telus is one of the Big Three wireless service providers in Canada, with its nearly 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.