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IHS Markit Inventory Turnover

: 0.00 (As of Aug. 2021)
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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. IHS Markit's Cost of Goods Sold for the three months ended in Aug. 2021 was $426 Mil. IHS Markit's Total Inventories for the quarter that ended in Aug. 2021 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. IHS Markit's Days Inventory for the three months ended in Aug. 2021 was 0.00.

Total Inventories can be measured by Days Sales of Inventory (DSI). IHS Markit's days sales of inventory (DSI) for the three months ended in Aug. 2021 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. IHS Markit's Inventory-to-Revenue for the quarter that ended in Aug. 2021 was 0.00.


IHS Markit Inventory Turnover Historical Data

The historical data trend for IHS Markit'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.

* Premium members only.

IHS Markit Annual Data
Trend Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20
Inventory Turnover
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

IHS Markit Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
Inventory Turnover 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 - - - - -

IHS Markit Inventory Turnover Calculation

IHS Markit's Inventory Turnover for the fiscal year that ended in Nov. 2020 is calculated as

Inventory Turnover (A: Nov. 2020 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: Nov. 2020 ) / ((Total Inventories (A: Nov. 2019 ) + Total Inventories (A: Nov. 2020 )) / count )
=1590 / ((0 + 0) / 1 )
=1590 / 0
=N/A

IHS Markit's Inventory Turnover for the quarter that ended in Aug. 2021 is calculated as

Inventory Turnover (Q: Aug. 2021 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Aug. 2021 ) / ((Total Inventories (Q: May. 2021 ) + Total Inventories (Q: Aug. 2021 )) / count )
=425.7 / ((0 + 0) / 1 )
=425.7 / 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.


IHS Markit  (NYSE:INFO) 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.

IHS Markit's Days Inventory for the three months ended in Aug. 2021 is calculated as:

Days Inventory =Total Inventories (Q: Aug. 2021 )/Cost of Goods Sold (Q: Aug. 2021 )*Days in Period
=0/425.7*365 / 4
=0.00

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

IHS Markit's Days Sales of Inventory for the three months ended in Aug. 2021 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Aug. 2021 )/Revenue (Q: Aug. 2021 )*Days in Period
=0/1180.5*365 / 4
=0.00

3. 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.

IHS Markit's Inventory to Revenue for the quarter that ended in Aug. 2021 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Aug. 2021 ) / Revenue (Q: Aug. 2021 )
=0 / 1180.5
=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.


IHS Markit Inventory Turnover Related Terms

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IHS Markit Business Description

IHS Markit logo
Industry
Industrials » Business Services NAICS : 561499 SIC : 7389
Traded in Other Exchanges
Address
25 Ropemaker Street, 4th Floor, Ropemaker Place, London, GBR, EC2Y 9LY
IHS Markit is a leading provider of data and analytics to corporate and sovereign clients across a wide variety of industries. Financial markets accounted for 42% of fiscal 2020 revenue, transportation 27%, resources (energy and chemicals) 20%, and CMS (consolidated markets) 11%. Approximately 60% of fiscal 2020 revenue came from the United States. IHS Markit has approximately 16,000 employees worldwide. About 74% of fiscal 2020 revenue was recurring and fixed, 14% recurring and variable, and 12% non-recurring. S&P Global has offered to acquire IHS Markit, with holders of the target firm set to receive 0.2838 shares of the combined entity (a little less than one third of the total), in a deal valued at $44 billion upon announcement.

IHS Markit Headlines

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