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Lumen Technologies (Lumen Technologies) Days Inventory

: 11.45 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). Lumen Technologies's Average Total Inventories for the three months ended in Dec. 2023 was $218 Mil. Lumen Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,737 Mil. Hence, Lumen Technologies's Days Inventory for the three months ended in Dec. 2023 was 11.45.

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

LUMN' s Days Inventory Range Over the Past 10 Years
Min: 4.29   Med: 6.16   Max: 11.37
Current: 11.24

During the past 13 years, Lumen Technologies's highest Days Inventory was 11.37. The lowest was 4.29. And the median was 6.16.

LUMN's Days Inventory is ranked better than
70.81% of 298 companies
in the Telecommunication Services industry
Industry Median: 19.115 vs LUMN: 11.24

Lumen Technologies's Days Inventory increased from Dec. 2022 (10.37) to Dec. 2023 (11.45). It might indicate that Lumen Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lumen Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 7.97.

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. Lumen Technologies's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.06.


Lumen Technologies Days Inventory Historical Data

The historical data trend for Lumen Technologies'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.

Lumen Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.50 4.29 4.32 7.70 11.37

Lumen Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 10.37 11.53 11.22 10.65 11.45

Competitive Comparison

For the Telecom Services subindustry, Lumen Technologies'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.


Lumen Technologies Days Inventory Distribution

For the Telecommunication Services industry and Communication Services sector, Lumen Technologies's Days Inventory distribution charts can be found below:

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



Lumen Technologies Days Inventory Calculation

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

Lumen Technologies's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (236 + 209) / 2 ) / 7144*365
=222.5 / 7144*365
=11.37

Lumen Technologies's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (227 + 209) / 2 ) / 1737*365 / 4
=218 / 1737*365 / 4
=11.45

* 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.


Lumen Technologies  (NYSE:LUMN) 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.

Lumen Technologies's Inventory Turnover for the three months ended in Dec. 2023 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.

Lumen Technologies's Inventory to Revenue for the three months ended in Dec. 2023 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.


Lumen Technologies Days Inventory Related Terms

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


Lumen Technologies (Lumen Technologies) Business Description

Address
100 CenturyLink Drive, Monroe, LA, USA, 71203
With 450,000 route miles of fiber, including over 35,000 route miles of subsea fiber connecting Europe, Asia, and Latin America, Lumen Technologies is one of the United States' largest telecommunications carriers serving global enterprises. Its merger with Level 3 in 2017 and divestiture of much of its incumbent local exchange carrier, or ILEC, business in 2022 has shifted the company's operations away from its legacy consumer business and toward enterprises (now nearly 80% of revenue). Lumen offers businesses a full menu of communications services, providing colocation and data center services, data transportation, and end-user phone and internet service. On the consumer side, Lumen provides broadband and phone service across 37 states, where it has 4.5 million broadband customers.
Executives
James Fowler director 100 CENTURYLINK DRIVE, MONROE LA 71203
Christopher Stansbury officer: EVP and CFO C/O ARROW ELECTRONICS, INC, 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Kathleen E Johnson director, officer: President & CEO 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Quincy L Allen director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Ashley Haynes-gaspar officer: EVP and Customer Exp Officer 100 CENTURYLINK DRIVE, MONROE LA 71203
Kevin P. Chilton director 1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Laurie Siegel director C/O VOLT INFORMATION SCIENCES, INC., 1133 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036
Peter C Brown director 909 WALNUT STE 200, KANSAS CITY MO 64106
Scott Trezise officer: EVP, Human Resources 100 CENTURYLINK DRIVE, MONROE LA 71203
Shaun C Andrews officer: Exec VP & Chief Mktg Officer 100 CENTURYLINK DRIVE, MONROE LA 71203
Sham Chotai officer: EVP, Product and IT 10201 TORRE AVENUE, SUITE 350, CUPERTINO CA 95014
Michael James Roberts director ONE MCDONALD'S PLAZA, OAK BROOK IL 60523
Steven T Clontz director 781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Martha Helena Bejar director C/O POLYCOM, INC., 6001 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Hal Jones director 1150 15TH STREET, NW, WASHINGTON DC 20071