TE Connectivity (NYSE:TEL) Days Inventory

: 91.03 (As of Mar. 2023)

View and export this data going back to 2007. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). TE Connectivity's Average Total Inventories for the three months ended in Mar. 2023 was $2,869 Mil. TE Connectivity's Cost of Goods Sold for the three months ended in Mar. 2023 was $2,876 Mil. Hence, TE Connectivity's Days Inventory for the three months ended in Mar. 2023 was 91.03.

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

TEL' s Days Inventory Range Over the Past 10 Years
Min: 69.19 Med: 76.24 Max: 93.22
Current: 93.22

During the past 13 years, TE Connectivity's highest Days Inventory was 93.22. The lowest was 69.19. And the median was 76.24.

TEL's Days Inventory is ranked better than
55.42% of 2342 companies
in the Hardware industry
Industry Median: 104.57 vs TEL: 93.22

TE Connectivity's Days Inventory declined from Mar. 2022 (99.86) to Mar. 2023 (91.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. TE Connectivity's Inventory Turnover for the three months ended in Mar. 2023 was 1.00.

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. TE Connectivity's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.69.

TE Connectivity Days Inventory Historical Data

The historical data trend for TE Connectivity'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.

TE Connectivity Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Inventory

69.19

74.44

81.89

81.12

85.77

TE Connectivity Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Inventory																99.86	99.31	86.46	96.32	91.03

Competitive Comparison

For the Electronic Components subindustry, TE Connectivity'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.

Annual Data Quarterly Data

TE Connectivity Days Inventory Distribution

For the Hardware industry and Technology sector, TE Connectivity's Days Inventory distribution charts can be found below:

* The bar in red indicates where TE Connectivity's Days Inventory falls in comparison to its industry or sector. The grey bar indicates the Days Inventory's extreme value range as defined by GuruFocus.

TE Connectivity Days Inventory Calculation

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

TE Connectivity's Days Inventory for the fiscal year that ended in Sep. 2022 is calculated as

	Days Inventory (A: Sep. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2021 )	+	Total Inventories (A: Sep. 2022 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2022 )	*	Days in Period
=	( (2511	+	2676)	/	2 )	/	11037	*	365
=	2593.5					/	11037	*	365
=	85.77

TE Connectivity's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (2927	+	2811)	/	2 )	/	2876	*	365 / 4
=	2869					/	2876	*	365 / 4
=	91.03

TE Connectivity (NYSE:TEL) 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.

TE Connectivity's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2876	/	2869
	=	1.00

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.

TE Connectivity's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2869	/	4160
	=	0.69

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.

TE Connectivity Days Inventory Related Terms

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

TE Connectivity (NYSE:TEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TE Connectivity Ltd (NYSE:TEL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

T1EL34:Brazil

Address

Muhlenstrasse 26, Schaffhausen, CHE, CH-8200

Website

https://www.te.com

TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE Connectivity has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.

Executives

Syaru Shirley Lin	director
Aaron Kyle Stucki	officer: Pres. Communications Solutions	1050 WESTLAKES DRIVE, BERWYN PA 19312
Lynn A Dugle	director	4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Dawn C Willoughby	director	1221 BROADWAY, OAKLAND CA 94612
Kevin N Rock	officer: President, Industrial Solution	1050 WESTLAKES DRIVE, BERWYN PA 19312
David M Kerko	director	C/O KKR, 9 WEST 57TH STREET, 41ST FLOOR, NEW YORK NY 10019
Shadrak W Kroeger	officer: Pres., Communications Solution	1050 WESTLAKES DRIVE, BERWYN PA 19312
Abhijit Y Talwalkar	director	ONE AMD PLACE, PO BOX 3453, SUNNYVALE CA 94088
Heath A Mitts	officer: EVP & Chief Financial Officer	1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Tim Murphy	officer: SVP & CHRO	1050 WESTLAKES DRIVE, BERWYN PA 19312
Mark Trudeau	director	COVIDIEN PLC, 15 HAMPSHIRE STREET, MANSFIELD MA 02048
Carol Anthony Davidson	director
Laura Wright	director	2702 LOVE FIELD DRIVE, P.O. BOX 36611, DALLAS TX 75235-1611
John S Jenkins	officer: EVP & General Counsel	1050 WESTLAKES DRIVE, BERWYN PA 19312
Bradley Alan Gambill	officer: SVP, Strategy & Business Dev.	1050 WESTLAKES DRIVE, BERWYN PA 19312