Sprint (Sprint) Inventory-to-Revenue : 0.13 (As of Dec. 2019)

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What is Sprint Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Dec. 2019 was $1,040 Mil. Sprint's Revenue for the three months ended in Dec. 2019 was $8,080 Mil. Sprint's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.13.

Sprint's Inventory-to-Revenue for the quarter that ended in Dec. 2019 increased from Sep. 2019 (0.11) to Sep. 2019 (0.13)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sprint's Days Inventory for the three months 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.

Sprint Inventory-to-Revenue Historical Data

The historical data trend for Sprint's Inventory-to-Revenue 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 Inventory-to-Revenue Chart

Sprint Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Mar15

Mar16

Mar17

Mar18

Mar19

Inventory-to-Revenue

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0.04

0.03

Sprint Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Inventory-to-Revenue	Get a 7-Day Free Trial															0.10	0.11	0.11	0.11	0.13

Competitive Comparison of Sprint's Inventory-to-Revenue

For the Telecom Services subindustry, Sprint's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Sprint's Inventory-to-Revenue Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sprint's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Sprint's Inventory-to-Revenue falls into.

Sprint Inventory-to-Revenue Calculation

Sprint's Inventory-to-Revenue for the fiscal year that ended in Mar. 2019 is calculated as

	Inventory-to-Revenue (A: Mar. 2019 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Mar. 2018 )	+	Total Inventories (A: Mar. 2019 ))	/	count )	/	Revenue (A: Mar. 2019 )
=	( (1003	+	999)	/	2 )	/	33600
=	1001					/	33600
=	0.03

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

	Inventory-to-Revenue (Q: Dec. 2019 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2019 )	+	Total Inventories (Q: Dec. 2019 ))	/	count )	/	Revenue (Q: Dec. 2019 )
=	( (963	+	1117)	/	2 )	/	8080
=	1040					/	8080
=	0.13

Sprint (NYSE:S) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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 three months ended in Dec. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2019 )	/	Cost of Goods Sold (Q: Dec. 2019 )	*	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 (Q: Dec. 2019 )	/	Average Total Inventories (Q: Dec. 2019 )
	=	3565	/	1040
	=	3.43

Sprint Inventory-to-Revenue Related Terms

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Sprint (Sprint) Business Description

Industry

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Traded in Other Exchanges

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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%.