DELL INC.
Condensed Consolidated Statement of Financial Position and Related
Financial Highlights
(in millions, except for "Ratios" and "Other information")
(unaudited)
November 2, August 3, November 3,
2007 2007 2006
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Assets:
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Current assets:
Cash and cash equivalents $12,236 $11,204 $7,998
Short-term investments 369 658 1,320
Accounts receivable, net 6,156 5,296 4,804
Financing receivables, net 1,560 1,531 1,529
Inventories, net 1,102 973 680
Other 2,925 2,552 2,676
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Total current assets 24,348 22,214 19,007
Property, plant and equipment, net 2,631 2,608 2,215
Investments 1,980 1,960 2,219
Long-term financing receivables, net 389 375 311
Other non-current assets 1,032 897 711
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Total assets $30,380 $28,054 $24,463
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Liabilities and Stockholders'
Equity:
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Current liabilities:
Short-term borrowings $266 $328 $322
Accounts payable 11,411 10,578 10,335
Accrued and other 6,373 6,160 6,958
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Total current liabilities 18,050 17,066 17,615
Long-term debt 392 378 579
Other non-current liabilities 4,993 4,566 2,789
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Total liabilities 23,435 22,010 20,983
Redeemable common stock 101 116 88
Stockholders' equity 6,844 5,928 3,392
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Total liabilities and stockholders'
equity $30,380 $28,054 $24,463
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Ratios:
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Days supply in inventory 8 7 5
Days of sales outstanding (1) 38 35 33
Days in accounts payable 81 80 78
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Cash conversion cycle (35) (38) (40)
Other Information:
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Regular headcount (approximate) 81,900 84,000 79,100
Temporary headcount 7,200 7,100 8,500
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Total headcount 89,100 91,100 87,600
Average total revenue/unit
(approximate) $1,520 $1,520 $1,530
Note: Ratios are calculated based on underlying data in thousands.
(1) Days of sales outstanding ("DSO") is based on the ending net trade
receivables and most recent quarterly revenue for each period. DSO
includes the effect of product costs related to customer shipments
not yet recognized as revenue that are classified in other current
assets. At November 2, 2007, August 3, 2007 and November 3, 2006, DSO
and days of customer shipments not yet recognized were 35 and 3 days,
32 and 3 days and 30 and 3 days, respectively.
