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Apple Inc  (NAS:AAPL) Days Inventory: 11.63 (As of Sep. 2018)

Apple Inc's Total Inventories for the three months ended in Sep. 2018 was $4,946 Mil. Apple Inc's Cost of Goods Sold for the three months ended in Sep. 2018 was $38,816 Mil. Hence, Apple Inc's days inventory for the three months ended in Sep. 2018 was 11.63.

NAS:AAPL' s Days Inventory Range Over the Past 10 Years
Min: 3.26   Max: 11.96
Current: 11.96

3.26
11.96

During the past 13 years, Apple Inc's highest Days Inventory was 11.96. The lowest was 3.26. And the median was 6.26.

NAS:AAPL's Days Inventory is ranked higher than
97% of the 2155 Companies
in the Global industry.

( Industry Median: 74.09 vs. NAS:AAPL: 11.96 )

Apple Inc's days inventory increased from Sep. 2017 (11.18) to Sep. 2018 (11.63). It might indicate that Apple Inc's sales slowed down.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Apple Inc's Inventory Turnover for the three months ended in Sep. 2018 was 7.85.

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. Apple Inc's Inventory-to-Revenue for the three months ended in Sep. 2018 was 0.08.


Historical Data

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

* Premium members only.

Apple Inc Annual Data

Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.30 5.81 6.22 9.04 9.82

Apple Inc Quarterly Data

Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 11.18 7.78 14.62 18.89 11.63

Competitive Comparison
* 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.


Apple Inc Distribution

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



Calculation

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

Apple Inc's Days Inventory for the fiscal year that ended in Sep. 2018 is calculated as

Days Inventory (A: Sep. 2018 )
=Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2017 ) + Total Inventories (A: Sep. 2018 )) / 2 ) / Cost of Goods Sold (A: Sep. 2018 )*Days in Period
=( (4855 + 3956) / 2 ) / 163756*365
=4405.5 / 163756*365
=9.82

Apple Inc's Days Inventory for the quarter that ended in Sep. 2018 is calculated as:

Days Inventory (Q: Sep. 2018 )
=Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2018 ) + Total Inventories (Q: Sep. 2018 )) / 2 ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (5936 + 3956) / 2 ) / 38816*365 / 4
=4946 / 38816*365 / 4
=11.63

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


Headlines

From GuruFocus

From the Internet

The Market Is 'Full Blown Bear,' Says Jim Cramer

- theStreet 2018-11-19 11:38:00

$BRK.A $BRK.B $AAPL Recent Purchase Apple

- Seekingalpha 2018-11-18 15:33:17

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