BCE (BCE) Days Inventory

: 21.79 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). BCE's Average Total Inventories for the three months ended in Dec. 2023 was $408 Mil. BCE's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,710 Mil. Hence, BCE's Days Inventory for the three months ended in Dec. 2023 was 21.79.

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

BCE' s Days Inventory Range Over the Past 10 Years
Min: 20.16 Med: 21.8 Max: 28.42
Current: 28.42

During the past 13 years, BCE's highest Days Inventory was 28.42. The lowest was 20.16. And the median was 21.80.

BCE's Days Inventory is ranked worse than
66.44% of 298 companies
in the Telecommunication Services industry
Industry Median: 19.14 vs BCE: 28.42

BCE's Days Inventory declined from Dec. 2022 (25.06) to Dec. 2023 (21.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. BCE's Inventory Turnover for the three months ended in Dec. 2023 was 4.19.

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. BCE's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.08.

BCE Days Inventory Historical Data

The historical data trend for BCE'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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BCE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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21.10

22.38

23.07

27.89

25.62

BCE 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															25.06	31.14	32.54	32.30	21.79

Competitive Comparison

For the Telecom Services subindustry, BCE'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.

BCE Days Inventory Distribution

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

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

BCE Days Inventory Calculation

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

BCE'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
=	( (482.886	+	346.601)	/	2 )	/	5907.871	*	365
=	414.7435					/	5907.871	*	365
=	25.62

BCE'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
=	( (470.032	+	346.601)	/	2 )	/	1709.899	*	365 / 4
=	408.3165					/	1709.899	*	365 / 4
=	21.79

BCE (NYSE:BCE) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1709.899	/	408.3165
	=	4.19

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	408.3165	/	4824.836
	=	0.08

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.

BCE Days Inventory Related Terms

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

BCE (BCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BCE Inc (NYSE:BCE) » Definitions » Days Inventory

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Address

1 Carrefour Alexander Graham Bell, Tour A-7, Verdun, QC, CAN, H3E 3B3

Website

https://www.bce.ca

BCE provides wireless, broadband, television, and landline phone services in Canada. It is one of the big three national wireless carriers, with its roughly 10 million customers constituting about 30% of the market. It is also the ILEC (incumbent local exchange carrier—the legacy telephone provider) throughout much of the eastern half of Canada, including in the most populous Canadian provinces: Ontario and Quebec. Additionally, BCE has a media segment, which holds television, radio, and digital media assets. BCE licenses the Canadian rights to movie channels including HBO, Showtime, and Starz. In 2022, the wireline segment made up 52% of total EBITDA, while wireless was 31% and media provided the remainder.