Sprint (Sprint) Change In Inventory : $681 Mil (TTM As of Dec. 2019)

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What is Sprint Change In Inventory?

Sprint's change in inventory for the quarter that ended in Dec. 2019 was $147 Mil. It means Sprint's inventory declined by $147 Mil from Sep. 2019 to Dec. 2019 .

Sprint's change in inventory for the fiscal year that ended in Mar. 2019 was $279 Mil. It means Sprint's inventory declined by $279 Mil from Mar. 2018 to Mar. 2019 .

Sprint's Total Inventories for the quarter that ended in Dec. 2019 was $1,117 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sprint's Days Inventory for the quarter that ended in Dec. 2019 was 26.62.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sprint's Inventory Turnover for the quarter that ended in Dec. 2019 was 3.43.

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. Sprint's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.13.

Sprint Change In Inventory Historical Data

The historical data trend for Sprint's Change In 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.

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Sprint Change In Inventory Chart

Sprint Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Mar15

Mar16

Mar17

Mar18

Mar19

Change In Inventory

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-1,573.00

605.00

457.00

705.00

279.00

Sprint Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Change In Inventory	Get a 7-Day Free Trial															80.00	31.00	456.00	47.00	147.00

Sprint Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $681 Mil.

Sprint (NYSE:S) Change In Inventory Explanation

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

Sprint's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1040	/	3565	*	365 / 4
	=	26.62

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

Sprint's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3565	/	1040
	=	3.43

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.

Sprint's Inventory to Revenue for the quarter that ended in Dec. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1040	/	8080
	=	0.13

Sprint Change In Inventory Related Terms

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Sprint (Sprint) Business Description

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Address

6200 Sprint Parkway, Overland Park, KS, USA, 66251

Website

https://www.sprint.com

A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.