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Tyco International (BUE:JCI) Days Inventory : 40.33 (As of Jun. 2016)


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What is Tyco International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tyco International's Average Total Inventories for the three months ended in Jun. 2016 was ARS9,478 Mil. Tyco International's Cost of Goods Sold for the three months ended in Jun. 2016 was ARS21,445 Mil. Hence, Tyco International's Days Inventory for the three months ended in Jun. 2016 was 40.33.

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

BUE:JCI's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 29.67
* Ranked among companies with meaningful Days Inventory only.

Tyco International's Days Inventory increased from Jun. 2015 (39.07) to Jun. 2016 (40.33). It might indicate that Tyco International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tyco International's Inventory Turnover for the three months ended in Jun. 2016 was 2.26.

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. Tyco International's Inventory-to-Revenue for the three months ended in Jun. 2016 was 0.28.


Tyco International Days Inventory Historical Data

The historical data trend for Tyco International'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.

* Premium members only.

Tyco International Days Inventory Chart

Tyco International Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.27 32.26 33.25 29.67 34.54

Tyco International Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.07 37.38 33.58 38.49 40.33

Competitive Comparison of Tyco International's Days Inventory

For the Security & Protection Services subindustry, Tyco International'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.


Tyco International's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tyco International's Days Inventory distribution charts can be found below:

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



Tyco International Days Inventory Calculation

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

Tyco International's Days Inventory for the fiscal year that ended in Sep. 2015 is calculated as

Days Inventory (A: Sep. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2014 ) + Total Inventories (A: Sep. 2015 )) / count ) / Cost of Goods Sold (A: Sep. 2015 )*Days in Period
=( (5261.875 + 5895.242) / 2 ) / 58952.421*365
=5578.5585 / 58952.421*365
=34.54

Tyco International's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2016 ) + Total Inventories (Q: Jun. 2016 )) / count ) / Cost of Goods Sold (Q: Jun. 2016 )*Days in Period
=( (9784.68 + 9170.703) / 2 ) / 21444.906*365 / 4
=9477.6915 / 21444.906*365 / 4
=40.33

* 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.


Tyco International  (BUE:JCI) 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.

Tyco International's Inventory Turnover for the three months ended in Jun. 2016 is calculated as

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=9477.6915 / 34236.359
=0.28

* 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.


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.


Tyco International Days Inventory Related Terms

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


Tyco International (BUE:JCI) Business Description

Traded in Other Exchanges
N/A
Address
Unit 1202 Building 1000 City Gate, Mahon, Cork, IRL, 8212
Tyco International PLC is a global provider of security products and services, fire detection and suppression products and services, and life safety products. Brand names include Tyco, Tyco Integrated Security, SimplexGrinnell, Sensormatic, Wormald, Scott, and ADT (outside North American markets). The revenue breakdown is 37% North America installation and services, 38% rest of world installation and services, and 25% global products. Tyco completed its spin-off of ADT and the flow control business in September 2012, five years after its prior three-way split.