Telstra Group (Telstra Group) Inventory Turnover : 6.82 (As of Dec. 2023)

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What is Telstra Group 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. Telstra Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,817 Mil. Telstra Group's Average Total Inventories for the quarter that ended in Dec. 2023 was $413 Mil. Telstra Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Telstra Group's Days Inventory for the six months ended in Dec. 2023 was 26.74.

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. Telstra Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.06.

Telstra Group Inventory Turnover Historical Data

The historical data trend for Telstra Group'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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Telstra Group Inventory Turnover Chart

Telstra Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Inventory Turnover

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13.92

20.96

21.82

18.39

16.30

Telstra Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															9.56	8.68	6.90	6.71	6.82

Telstra Group Inventory Turnover Calculation

Telstra Group's Inventory Turnover for the fiscal year that ended in Jun. 2023 is calculated as

	Inventory Turnover (A: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2023 )	/ (	(Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )
=	5712.08	/ (	(334.505	+	366.443)	/	2 )
=	5712.08	/	350.474
=	16.30

Telstra Group'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2817.269	/ (	(366.443	+	459.17)	/	2 )
=	2817.269	/	412.8065
=	6.82

Telstra Group (OTCPK:TTRAF) 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.

Telstra Group's Days Inventory for the six 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
	=	412.8065	/	2817.269	*	365 / 2
	=	26.74

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.

Telstra Group'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 )
	=	412.8065	/	7503.347
	=	0.06

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.

Telstra Group Inventory Turnover Related Terms

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Telstra Group (Telstra Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telstra Group Ltd (OTCPK:TTRAF) » Definitions » Inventory Turnover

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TLGPY:USA 5KBA:Germany TLS:Australia

Address

242 Exhibition Street, Level 41, Melbourne, VIC, AUS, 3000

Website

https://www.telstra.com.au

Telstra is Australia's biggest telecommunications group, with material market shares in voice, mobile, data and internet, spanning retail, corporate and wholesale segments. Its fixed-line copper network will gradually be wound down as the government-owned National Broadband Network rolls out to all Australian households, but the group will be compensated accordingly. Investments into network applications and services, media, technology and overseas are being made to replace the expected lost fixed-line earnings longer term, while continuing cost-cuts are also critical.