TIM (TIMB) Change In Inventory : $-19 Mil (TTM As of Sep. 2023)

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What is TIM Change In Inventory?

TIM's change in inventory for the quarter that ended in Sep. 2023 was $-8 Mil. It means TIM's inventory increased by $8 Mil from Jun. 2023 to Sep. 2023 .

TIM's change in inventory for the fiscal year that ended in Dec. 2022 was $-6 Mil. It means TIM's inventory increased by $6 Mil from Dec. 2021 to Dec. 2022 .

TIM's Total Inventories for the quarter that ended in Sep. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TIM's Days Inventory for the quarter that ended in Sep. 2023 was 6.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. TIM's Inventory Turnover for the quarter that ended in Sep. 2023 was 14.90.

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. TIM's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.03.

TIM Change In Inventory Historical Data

The historical data trend for TIM'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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TIM Change In Inventory Chart

TIM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-4.93

-8.42

7.79

-6.40

-19.52

TIM Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															7.98	-12.48	-15.10	-8.29	17.06

TIM 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19 Mil.

TIM (NYSE:TIMB) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	38.5715	/	574.814	*	365 / 4
	=	6.12

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	574.814	/	38.5715
	=	14.90

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	38.5715	/	1226.096
	=	0.03

TIM Change In Inventory Related Terms

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TIM (TIMB) Business Description

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TIMS3:Brazil

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.