TWX has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
TWX has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Days Inventory is also known as Days Sales of Inventory (DSI). Time Warner's Average Total Inventories for the three months ended in Mar. 2018 was $2,236 Mil. Time Warner's Cost of Goods Sold for the three months ended in Mar. 2018 was $4,717 Mil. Hence, Time Warner's Days Inventory for the three months ended in Mar. 2018 was 43.26.
The historical rank and industry rank for Time Warner's Days Inventory or its related term are showing as below:
Time Warner's Days Inventory increased from Mar. 2017 (42.60) to Mar. 2018 (43.26). It might indicate that Time Warner's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year. Time Warner's Inventory Turnover for the three months ended in Mar. 2018 was 2.11.
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. Time Warner's Inventory-to-Revenue for the three months ended in Mar. 2018 was 0.28.
The historical data trend for Time Warner'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.
Time Warner Annual Data | |||||||||||||||||||||
Trend | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | 45.02 | 38.49 | 39.01 | 42.52 | 46.16 |
Time Warner Quarterly Data | ||||||||||||||||||||
Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | |
Days Inventory | Get a 7-Day Free Trial | 42.60 | 43.67 | 49.25 | 40.50 | 43.26 |
For the Broadcasting subindustry, Time Warner'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.
For the Media - Diversified industry and Communication Services sector, Time Warner's Days Inventory distribution charts can be found below:
* The bar in red indicates where Time Warner's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Time Warner's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as
Days Inventory (A: Dec. 2017 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (A: Dec. 2016 ) | + | Total Inventories (A: Dec. 2017 )) | / | count ) | / | Cost of Goods Sold (A: Dec. 2017 ) | * | Days in Period |
= | ( (2062 | + | 2401) | / | 2 ) | / | 17647 | * | 365 |
= | 2231.5 | / | 17647 | * | 365 | ||||
= | 46.16 |
Time Warner's Days Inventory for the quarter that ended in Mar. 2018 is calculated as:
Days Inventory (Q: Mar. 2018 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Dec. 2017 ) | + | Total Inventories (Q: Mar. 2018 )) | / | count ) | / | Cost of Goods Sold (Q: Mar. 2018 ) | * | Days in Period |
= | ( (2401 | + | 2071) | / | 2 ) | / | 4717 | * | 365 / 4 |
= | 2236 | / | 4717 | * | 365 / 4 | ||||
= | 43.26 |
* 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.
Time Warner (NYSE:TWX) 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.
Time Warner's Inventory Turnover for the three months ended in Mar. 2018 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 4717 | / | 2236 | |
= | 2.11 |
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.
Time Warner's Inventory to Revenue for the three months ended in Mar. 2018 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 2236 | / | 7996 | |
= | 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.
Thank you for viewing the detailed overview of Time Warner's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Fred Hassan | director | C/O CARET GROUP,, 1100 HOLLAND DR., BOCA RATON FL 33487 |
Douglas Edward Horne | officer: SVP and Controller | ONE TIME WARNER CENTER, NEW YORK NY 10019 |
Gary L Ginsberg | officer: Executive Vice President | TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019 |
Olaf Olafsson | officer: Executive Vice President | C/O TIME WARNER INC. ONE TIME WARNER CENTER NEW YORK NY 10019 |
Paul Wachter | director | C/O TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019 |
Robert C Clark | director | C/O TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019 |
William P Barr | director | C/O TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019 |
Howard M Averill | officer: EVP and CFO | CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103 |
Paul T Cappuccio | officer: EVP and General Counsel | TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019 |
Carlos M Gutierrez | director | 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046 |
Carol A Melton | officer: Executive Vice President | 4445 WILLARD AVENUE, SUITE 400, CHEVY CHASE MD 20815 |
Jessica P Einhorn | director | C/O BLACKROCK, INC., 55 EAST 52ND STREET, NEW YORK NY 10055 |
Mathias Dopfner | director | C/O TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019 |
Deborah C Wright | director | CARVER BANCORP, INC, 75 W. 125TH STREET, NEW YORK NY 10027 |
James L Barksdale | director | C/O TIME WARNER INC., ONE TIME WARNER CENTER, NEW YORK NY 10019 |
From GuruFocus
By yifan900 yifan900 • 01-05-2017
By Mark Yu Mark Yu • 10-26-2016
By Holly LaFon Holly LaFon • 05-09-2017
By Vera Yuan Vera Yuan • 03-12-2015
By Ashish Sharma Lalitsharma • 04-02-2015
By Ashish Sharma Lalitsharma • 05-18-2015
By Holly LaFon Holly LaFon • 01-31-2017
By Rupert Hargreaves Rupert Hargreaves • 02-16-2018
By Yamil Berard Yamil Berard • 03-06-2018
By Tiziano Frateschi Tiziano Frateschi • 08-18-2015
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.