Shift4 Payments (Shift4 Payments) Days Inventory : 0.54 (As of Mar. 2024)

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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 Mar. 2024 was $3 Mil. Shift4 Payments's Cost of Goods Sold for the three months ended in Mar. 2024 was $520 Mil. Hence, Shift4 Payments's Days Inventory for the three months ended in Mar. 2024 was 0.54.

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: 0.69 Med: 2.05 Max: 4.45
Current: 0.69

During the past 6 years, Shift4 Payments's highest Days Inventory was 4.45. The lowest was 0.69. And the median was 2.05.

FOUR's Days Inventory is ranked better than
90.22% of 1565 companies
in the Software industry
Industry Median: 19.64 vs FOUR: 0.69

Shift4 Payments's Days Inventory declined from Mar. 2023 (1.03) to Mar. 2024 (0.54).

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 Mar. 2024 was 170.36.

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 Mar. 2024 was 0.00.

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.

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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
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															1.03	0.69	0.49	0.53	0.54

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 Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3.4	+	2.7)	/	2 )	/	519.6	*	365 / 4
=	3.05					/	519.6	*	365 / 4
=	0.54

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 Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	519.6	/	3.05
	=	170.36

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 Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3.05	/	707.4
	=	0.00

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 (Shift4 Payments) Business Description

Industry

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

Comparable Companies

MQ RPD PAGS DAVA APPN ACIW EVTC STNE PAYO FLYW MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK

Traded in Other Exchanges

FOUR:Mexico

Address

2202 North Irving Street, Allentown, PA, USA, 18109

Website

https://www.shift4.com

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 Shift4 Model is built to serve a range of merchants from small-to-medium-sized businesses to large and complex enterprises across numerous verticals, including lodging, leisure, and food and beverage.

Executives

Sarah Goldsmith-grover	director	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
Jordan Frankel	officer: GC & Corporate Secretary	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
Jared Isaacman	director, 10 percent owner, officer: Chairman & CEO	C/O SHIFT4 PAYMENTS, INC., 2202 N. IRVING STREET, ALLENTOWN PA 18109
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