Telecom Italia SpA (Telecom Italia SpA) Inventory Turnover : 4.60 (As of Sep. 2023)

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What is Telecom Italia SpA Inventory Turnover?

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. Telecom Italia SpA's Cost of Goods Sold for the three months ended in Sep. 2023 was $1,831 Mil. Telecom Italia SpA's Average Total Inventories for the quarter that ended in Sep. 2023 was $398 Mil. Telecom Italia SpA's Inventory Turnover for the quarter that ended in Sep. 2023 was 4.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Telecom Italia SpA's Days Inventory for the three months ended in Sep. 2023 was 19.85.

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. Telecom Italia SpA's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.09.

Telecom Italia SpA Inventory Turnover Historical Data

The historical data trend for Telecom Italia SpA'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.

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Telecom Italia SpA Inventory Turnover Chart

Telecom Italia SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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21.76

18.39

23.68

23.62

24.04

Telecom Italia SpA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															4.84	6.30	4.89	4.52	4.60

Telecom Italia SpA Inventory Turnover Calculation

Telecom Italia SpA's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	7052.966	/ (	(285.876	+	300.847)	/	2 )
=	7052.966	/	293.3615
=	24.04

Telecom Italia SpA's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	1831.377	/ (	(408.451	+	388.474)	/	2 )
=	1831.377	/	398.4625
=	4.60

Telecom Italia SpA (OTCPK:TIIAY) 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.

Telecom Italia SpA's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	398.4625	/	1831.377	*	365 / 4
	=	19.85

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.

Telecom Italia SpA's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	398.4625	/	4383.138
	=	0.09

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.

Telecom Italia SpA Inventory Turnover Related Terms

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Telecom Italia SpA (Telecom Italia SpA) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telecom Italia SpA (OTCPK:TIIAY) » Definitions » Inventory Turnover

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Traded in Other Exchanges

TIAOF:USA TIAJF:USA TIAIY:USA TITR:Italy TIT:Italy TITm:UK TITRm:UK 0H6I:UK 0GA3:UK TQI:Germany TIT:Austria

Address

Corso D'Italia, 41, Roma, ITA, 00198

Website

https://www.telecomitalia.com

Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% market share in the Italian mobile market and 45% market share in broadband. In the mobile market, it competes with Vodafone, Wind Tre and Iliad. In November 2023 TIM sold its fixed network to KKR for EUR 18.8 billion, and will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with its competitors Telefonica and America Movil.

Telecom Italia SpA (Telecom Italia SpA) Headlines

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