GURUFOCUS.COM » STOCK LIST » Technology » Software » Shift4 Payments Inc (NYSE:FOUR) » Definitions » Days Inventory

FOUR (Shift4 Payments) Days Inventory : 0.83 (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Shift4 Payments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Shift4 Payments's Average Total Inventories for the three months ended in Jun. 2024 was $5 Mil. Shift4 Payments's Cost of Goods Sold for the three months ended in Jun. 2024 was $595 Mil. Hence, Shift4 Payments's Days Inventory for the three months ended in Jun. 2024 was 0.83.

The historical rank and industry rank for Shift4 Payments's Days Inventory or its related term are showing as below:

FOUR' s Days Inventory Range Over the Past 10 Years
Min: 0.67   Med: 2.05   Max: 4.45
Current: 0.67

During the past 6 years, Shift4 Payments's highest Days Inventory was 4.45. The lowest was 0.67. And the median was 2.05.

FOUR's Days Inventory is ranked better than
90.6% of 1563 companies
in the Software industry
Industry Median: 18.06 vs FOUR: 0.67

Shift4 Payments's Days Inventory increased from Jun. 2023 (0.69) to Jun. 2024 (0.83). It might indicate that Shift4 Payments's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shift4 Payments's Inventory Turnover for the three months ended in Jun. 2024 was 110.22.

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. Shift4 Payments's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.01.


Shift4 Payments Days Inventory Historical Data

The historical data trend for Shift4 Payments'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.

Shift4 Payments Days Inventory Chart

Shift4 Payments Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 4.45 3.10 0.84 0.99 0.80

Shift4 Payments Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Inventory Get a 7-Day Free Trial 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 0.69 0.49 0.53 0.54 0.83

Competitive Comparison of Shift4 Payments's Days Inventory

For the Software - Infrastructure subindustry, Shift4 Payments'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.


Shift4 Payments's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Shift4 Payments's Days Inventory distribution charts can be found below:

* The bar in red indicates where Shift4 Payments's Days Inventory falls into.



Shift4 Payments Days Inventory Calculation

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

Shift4 Payments'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
=( (4.8 + 3.4) / 2 ) / 1877*365
=4.1 / 1877*365
=0.80

Shift4 Payments's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (2.7 + 8.1) / 2 ) / 595.2*365 / 4
=5.4 / 595.2*365 / 4
=0.83

* 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.


Shift4 Payments  (NYSE:FOUR) 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.

Shift4 Payments's Inventory Turnover for the three months ended in Jun. 2024 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.

Shift4 Payments's Inventory to Revenue for the three months ended in Jun. 2024 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.


Shift4 Payments Days Inventory Related Terms

Thank you for viewing the detailed overview of Shift4 Payments's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Shift4 Payments Business Description

Traded in Other Exchanges
Address
3501 Corporate Parkway, Center Valley, PA, USA, 18034
Shift4 Payments Inc is provider of integrated payment processing and technology solutions. The company offers software providers a single integration to an end-to-end payments offering, a powerful gateway and a robust suite of technology solutions (including cloud enablement, business intelligence, analytics, and mobile) to enhance the value of their software suites and simplify payment acceptance. The company derives maximum revenue from United States.
Executives
Jordan Frankel officer: GC & Corporate Secretary C/O SHIFT4 PAYMENTS, INC., 2202 N. IRVING STREET, ALLENTOWN PA 18109
Nancy Disman director 57 ROUND TREE DRIVE, MELVILLE NY 11747
David Taylor Lauber officer: Chief Strategy Officer C/O SHIFT4 PAYMENTS, INC., 2202 N. IRVING STREET, ALLENTOWN PA 18109
Sarah Goldsmith-grover director C/O SHIFT4 PAYMENTS, INC., 2202 N. IRVING STREET, ALLENTOWN PA 18109
Jared Isaacman director, 10 percent owner, officer: Chairman & CEO C/O SHIFT4 PAYMENTS, INC., 2202 N. IRVING STREET, ALLENTOWN PA 18109
Sam Bakhshandehpour director THE NEW HOME COMPANY, 95 ENTERPRISE, SUITE 325, ALISO VIEJO CA 92656
Karen Roter Davis director C/O SHIFT4 PAYMENTS, INC., 2202 N. IRVING ST, ALLENTOWN PA 18109
Searchlight Capital Partners Ii Gp, Llc 10 percent owner 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Bradley Herring officer: CFO C/O SHIFT4 PAYMENTS, INC., 2202 N. IRVING STREET, ALLENTOWN PA 16109
Searchlight Ii Gwn Gp, Llc 10 percent owner C/O SEARCHLIGHT CAPITAL PARTNERS, L.P.., 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Donald Isaacman director C/O SHIFT4 PAYMENTS, INC., 2202 N. IRVING STREET, ALLENTOWN PA 18109
Searchlight Ii Gwn, L.p. 10 percent owner 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Kevin J. Cronic officer: Chief System Architect C/O SHIFT4 PAYMENTS, INC., 2202 N. IRVING STREET, ALLENTOWN PA 18109
Searchlight Capital Ii Pv, L.p. 10 percent owner C/O SEARCHLIGHT CAPITAL PARTNERS, L.P., 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Steven M. Sommers officer: Chief Application Architect C/O SHIFT4 PAYMENTS, INC., 2202 N. IRVING STREET, ALLENTOWN PA 18109