Sky (LSE:SKY) Days Inventory : 93.66 (As of Jun. 2018)

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What is Sky Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sky's Average Total Inventories for the six months ended in Jun. 2018 was £1,982 Mil. Sky's Cost of Goods Sold for the six months ended in Jun. 2018 was £3,861 Mil. Hence, Sky's Days Inventory for the six months ended in Jun. 2018 was 93.66.

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

LSE:SKY's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 25.75
* Ranked among companies with meaningful Days Inventory only.

Sky's Days Inventory increased from Jun. 2017 (88.45) to Jun. 2018 (93.66). It might indicate that Sky's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sky's Inventory Turnover for the six months ended in Jun. 2018 was 1.95.

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. Sky's Inventory-to-Revenue for the six months ended in Jun. 2018 was 0.29.

Sky Days Inventory Historical Data

The historical data trend for Sky'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.

Sky Days Inventory Chart

Sky Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Days Inventory

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57.50

50.82

54.94

53.73

58.22

Sky Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Inventory	Get a 7-Day Free Trial															78.89	87.80	88.45	92.55	93.66

Competitive Comparison of Sky's Days Inventory

For the Broadcasting subindustry, Sky'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.

Sky's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sky's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sky's Days Inventory falls into.

Sky Days Inventory Calculation

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

Sky's Days Inventory for the fiscal year that ended in Jun. 2018 is calculated as

	Days Inventory (A: Jun. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2017 )	+	Total Inventories (A: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2018 )	*	Days in Period
=	( (1113	+	1305)	/	2 )	/	7579	*	365
=	1209					/	7579	*	365
=	58.22

Sky's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

	Days Inventory (Q: Jun. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (2658	+	1305)	/	2 )	/	3861	*	365 / 2
=	1981.5					/	3861	*	365 / 2
=	93.66

Sky (LSE:SKY) 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.

Sky's Inventory Turnover for the six months ended in Jun. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3861	/	1981.5
	=	1.95

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.

Sky's Inventory to Revenue for the six months ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1981.5	/	6848
	=	0.29

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.

Sky Days Inventory Related Terms

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

Sky (LSE:SKY) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.sky.com

Sky is the U.K.'s only satellite television operator and its largest pay-TV provider, with 12.9 million retail subscribers. It is also the largest pay-TV provider in Italy, with 4.8 million customers, and is a large operator in Germany and Austria, with 5.3 million pay-TV subscribers. The firm's strategy is to dominate the pay-TV markets in its respective countries. In the U.K., it also offers bundles of broadband, telephony and other services. In total, it sells 61.7 million products.