ATUS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ATUS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Altice USA's Cost of Goods Sold for the three months ended in Dec. 2023 was $745 Mil. Altice USA's Average Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Altice USA's Days Inventory for the three months ended in Dec. 2023 was 0.00.
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. Altice USA's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.
The historical data trend for Altice USA's Inventory Turnover 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.
Altice USA Annual Data | |||||||||||||||||
Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Inventory Turnover | Get a 7-Day Free Trial | - | - | - | - | - |
Altice USA Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Inventory Turnover | Get a 7-Day Free Trial | - | - | - | - | - |
Altice USA's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as
Inventory Turnover (A: Dec. 2023 ) | |||||||
= | Cost of Goods Sold | / | Average Total Inventories | ||||
= | Cost of Goods Sold (A: Dec. 2023 ) | / ( | (Total Inventories (A: Dec. 2022 ) | + | Total Inventories (A: Dec. 2023 )) | / | count ) |
= | 3029.842 | / ( | (0 | + | 0) | / | 1 ) |
= | 3029.842 | / | 0 | ||||
= | N/A |
Altice USA's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as
Inventory Turnover (Q: Dec. 2023 ) | |||||||
= | Cost of Goods Sold | / | Average Total Inventories | ||||
= | Cost of Goods Sold (Q: Dec. 2023 ) | / ( | (Total Inventories (Q: Sep. 2023 ) | + | Total Inventories (Q: Dec. 2023 )) | / | count ) |
= | 745.305 | / ( | (0 | + | 0) | / | 1 ) |
= | 745.305 | / | 0 | ||||
= | N/A |
* 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.
Altice USA (NYSE:ATUS) Inventory Turnover Explanation
Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Altice USA's Days Inventory for the three months ended in Dec. 2023 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Dec. 2023 ) | / | Cost of Goods Sold (Q: Dec. 2023 ) | * | Days in Period |
= | 0 | / | 745.305 | * | 365 / 4 | |
= | 0.00 |
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.
Altice USA's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Dec. 2023 ) | / | Revenue (Q: Dec. 2023 ) |
= | 0 | / | 2301.612 | |
= | 0.00 |
* 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
Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.
Thank you for viewing the detailed overview of Altice USA's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
Alexandre Fonseca | director | 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101 |
Marc Sirota | officer: Chief Financial Officer | 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101 |
Patrick Drahi | director, 10 percent owner | WIESTISTRASSE 14, ZERMATT V8 3920 |
Next Alt S.a.r.l. | director, 10 percent owner | 5, RUE EUGENE RUPPERT, GRAND DUCHY OF LUXEMBOURG N4 L-2453 |
Dennis Mathew | officer: Chief Executive Officer | 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101 |
Maria Bruzzese | officer: Chief Accounting Officer | 1 COURT SQUARE WEST, LONG ISLAND CITY NY 11101 |
Charles Stewart | officer: Co-President & CFO | 1111 STEWART AVENUE, BETHPAGE NY 11714 |
Mark Mullen | director | 1111 STEWART AVENUE, BETHPAGE NY 11714 |
Susan C Schnabel | director | C/O CREDIT SUISSE FIRST BOSTON, 11 MADISON AVE, NEW YORK NY 10010 |
Gerrit Jan Bakker | director | 15 RUE PIERRE FATIO 6TH FLOOR, GENEVA V8 1204 |
Raymond Svider | director | 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022 |
Michael Olsen | officer: Acting Gen Counsel & Secretary | 1 COURT SQUARE W, LONG ISLAND CITY NY 11101 |
Michael Grau | officer: Chief Financial Officer | 1 COURT SQUARE W, LONG ISLAND CITY NY 11101 |
Soroban Opportunities Master Fund Lp | 10 percent owner | WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CENTRE, 27 HOSPITAL RD, GEORGE TOWN E9 KY1-9008 |
Soroban Capital Gp Llc | 10 percent owner | 55 WEST 46TH STREET, 32ND FLOOR, NEW YORK NY 10036 |
From GuruFocus
By PRNewswire PRNewswire • 06-20-2023
By Business Wire • 09-05-2023
By GuruFocus Research • 09-26-2023
By PRNewswire • 08-10-2023
By Business Wire • 01-19-2024
By Business Wire Business Wire • 05-09-2023
By Business Wire Business Wire • 05-01-2023
By Marketwired • 08-18-2023
By Business Wire • 09-07-2023
By Business Wire • 10-12-2023
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.