Shaw Communications (Shaw Communications) Inventory Turnover : 6.29 (As of Nov. 2022)

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What is Shaw Communications 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. Shaw Communications's Cost of Goods Sold for the three months ended in Nov. 2022 was $437 Mil. Shaw Communications's Average Total Inventories for the quarter that ended in Nov. 2022 was $69 Mil. Shaw Communications's Inventory Turnover for the quarter that ended in Nov. 2022 was 6.29.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shaw Communications's Days Inventory for the three months ended in Nov. 2022 was 14.50.

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. Shaw Communications's Inventory-to-Revenue for the quarter that ended in Nov. 2022 was 0.07.

Shaw Communications Inventory Turnover Historical Data

The historical data trend for Shaw Communications'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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Shaw Communications Inventory Turnover Chart

Shaw Communications Annual Data

Trend

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Inventory Turnover

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39.66

33.95

32.57

39.27

28.70

Shaw Communications Quarterly Data
	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22
Inventory Turnover	Get a 7-Day Free Trial															10.08	9.01	7.32	6.75	6.29

Shaw Communications Inventory Turnover Calculation

Shaw Communications's Inventory Turnover for the fiscal year that ended in Aug. 2022 is calculated as

	Inventory Turnover (A: Aug. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2022 )	/ (	(Total Inventories (A: Aug. 2021 )	+	Total Inventories (A: Aug. 2022 ))	/	count )
=	1739.568	/ (	(50.004	+	71.224)	/	2 )
=	1739.568	/	60.614
=	28.70

Shaw Communications's Inventory Turnover for the quarter that ended in Nov. 2022 is calculated as

	Inventory Turnover (Q: Nov. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Nov. 2022 )	/ (	(Total Inventories (Q: Aug. 2022 )	+	Total Inventories (Q: Nov. 2022 ))	/	count )
=	436.948	/ (	(71.224	+	67.623)	/	2 )
=	436.948	/	69.4235
=	6.29

Shaw Communications (NYSE:SJR) 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.

Shaw Communications's Days Inventory for the three months ended in Nov. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2022 )	/	Cost of Goods Sold (Q: Nov. 2022 )	*	Days in Period
	=	69.4235	/	436.948	*	365 / 4
	=	14.50

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.

Shaw Communications's Inventory to Revenue for the quarter that ended in Nov. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2022 )	/	Revenue (Q: Nov. 2022 )
	=	69.4235	/	1018.058
	=	0.07

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.

Shaw Communications Inventory Turnover Related Terms

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Shaw Communications (Shaw Communications) Business Description

Industry

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Address

630 - 3rd Avenue S.W., Suite 900, Finance Department, Calgary, AB, CAN, T2P 4L4

Website

https://www.shaw.ca

Shaw Communications is a Canadian cable company that is one of the biggest providers of internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. In fiscal 2021, more than 75% of Shaw's total revenue resulted from this wireline business. Shaw now also offers wireless service over most of Canada's population footprint after acquiring Wind Mobile in 2016. As a smaller carrier, Shaw has favored bidding status in spectrum auctions, giving it a further boost in enhancing its wireless network. At the 2019 auction, Shaw added significant amounts of 600 MHz spectrum to the 700 MHz spectrum it is currently deploying.