TELUS (TU) Change In Inventory : $34 Mil (TTM As of Mar. 2024)

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What is TELUS Change In Inventory?

TELUS's change in inventory for the quarter that ended in Mar. 2024 was $-41 Mil. It means TELUS's inventory increased by $41 Mil from Dec. 2023 to Mar. 2024 .

TELUS's change in inventory for the fiscal year that ended in Dec. 2023 was $40 Mil. It means TELUS's inventory declined by $40 Mil from Dec. 2022 to Dec. 2023 .

TELUS's Total Inventories for the quarter that ended in Mar. 2024 was $398 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TELUS's Days Inventory for the quarter that ended in Mar. 2024 was 25.90.

Inventory Turnover measures how fast the company turns over its inventory within a year. TELUS's Inventory Turnover for the quarter that ended in Mar. 2024 was 3.52.

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 quarter that ended in Mar. 2024 was 0.11.

TELUS Change In Inventory Historical Data

The historical data trend for TELUS's Change In 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 Change In Inventory Chart

TELUS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-46.32

23.42

-32.03

-65.51

39.51

TELUS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-34.35	3.01	22.17	49.20	-40.63

TELUS Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $34 Mil.

TELUS (NYSE:TU) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	379.48	/	1337.175	*	365 / 4
	=	25.90

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

TELUS's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1337.175	/	379.48
	=	3.52

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.

TELUS's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	379.48	/	3594.858
	=	0.11

TELUS Change In Inventory Related Terms

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TELUS (TU) Business Description

Industry

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BCZ:Germany T:Canada

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.