Utility (TSX:UTC.C) Days Inventory: 0.00 (As of Nov. 2017)


What is Utility Days Inventory?

Utility TSX:UTC.C Days Inventory is 0.00 as of Nov. 2017.

Days Inventory is also known as Days Sales of Inventory (DSI). Utility's Average Total Inventories for the six months ended in Nov. 2017 was C$0.00 Mil. Utility's Cost of Goods Sold for the six months ended in Nov. 2017 was C$0.00 Mil.

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

TSX:UTC.C's Days Inventory is not ranked *
in the Asset Management industry.
Industry Median: 80.72
* Ranked among companies with meaningful Days Inventory only.

Utility's Days Inventory stayed the same from Nov. 2016 (0.00) to Nov. 2017 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Utility's Inventory-to-Revenue for the six months ended in Nov. 2017 was 0.00.


Utility  (TSX:UTC.C) 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.

Utility's Inventory Turnover for the six months ended in Nov. 2017 is calculated as

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.

Utility's Inventory to Revenue for the six months ended in Nov. 2017 is calculated as

* 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

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.


Utility Days Inventory Related Terms


Utility Days Inventory Historical Data

* Premium members only.

The historical data trend for Utility'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.

Utility Days Inventory Chart

Utility Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Utility Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17
Days Inventory Get a 7-Day Free Trial 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 0.00 0.00 0.00 0.00 0.00

TSX:UTC.C vs PHCF: Days Inventory Comparison

For the Asset Management subindustry, Utility'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.


Utility Days Inventory vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Utility's Days Inventory distribution charts can be found below:

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



Utility Days Inventory Calculation

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

Utility's Days Inventory for the fiscal year that ended in May. 2017 is calculated as

Days Inventory (A: May. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: May. 2016 ) + Total Inventories (A: May. 2017 )) / count ) / Cost of Goods Sold (A: May. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Utility's Days Inventory for the quarter that ended in Nov. 2017 is calculated as:

Days Inventory (Q: Nov. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2017 ) + Total Inventories (Q: Nov. 2017 )) / count ) / Cost of Goods Sold (Q: Nov. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
Utility (TSX:UTC.C) has a Days Inventory of 0.00 as of Nov. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Utility and its competitors.
Is Utility's Days Inventory too high?
Utility's current Days Inventory is 0.00.
How does Utility's Days Inventory compare to PHCF?
Utility's Days Inventory of 0.00 can be compared against companies in the Asset Management industry. The industry median Days Inventory is 80.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Asset Management company?
The median Days Inventory among Asset Management companies is 80.72, based on 167 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Utility and its competitors. For the Asset Management industry, the median Days Inventory is 80.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Utility's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Utility stock overvalued right now?
Utility (TSX:UTC.C) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Utility (TSX:UTC.C), the current Days Inventory is 0.00 as of Nov. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Utility Business Description

Address 40 King Street West, P.O. Box 4085, Scotia Plaza, 26th Floor, Toronto, ON, CAN, M5W 2X6
Utility Corp is a mutual fund corporation. The company holds a diversified investment portfolio (the Portfolio) of common shares (the Portfolio Shares) of selected Canadian electrical, power and utility and telecommunication companies in order to provide investors (the Shareholders) with a stable monthly dividend stream and capital appreciation potential.