Total System Services (Total System Services) Days Inventory : 2.88 (As of Jun. 2019)

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What is Total System Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Total System Services's Average Total Inventories for the three months ended in Jun. 2019 was $20 Mil. Total System Services's Cost of Goods Sold for the three months ended in Jun. 2019 was $631 Mil. Hence, Total System Services's Days Inventory for the three months ended in Jun. 2019 was 2.88.

The historical rank and industry rank for Total System Services's Days Inventory or its related term are showing as below:

TSS's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.71
* Ranked among companies with meaningful Days Inventory only.

Total System Services's Days Inventory increased from Jun. 2018 (2.71) to Jun. 2019 (2.88). It might indicate that Total System Services's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Total System Services's Inventory Turnover for the three months ended in Jun. 2019 was 31.71.

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. Total System Services's Inventory-to-Revenue for the three months ended in Jun. 2019 was 0.02.

Total System Services Days Inventory Historical Data

The historical data trend for Total System Services'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.

Total System Services Days Inventory Chart

Total System Services Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

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2.90

1.96

1.74

2.57

Total System Services Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Days Inventory	Get a 7-Day Free Trial															2.71	2.83	2.69	2.75	2.88

Competitive Comparison of Total System Services's Days Inventory

For the Software - Infrastructure subindustry, Total System Services'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.

Total System Services's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Total System Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Total System Services's Days Inventory falls into.

Total System Services Days Inventory Calculation

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

Total System Services's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (17.072	+	18.089)	/	2 )	/	2492.482	*	365
=	17.5805					/	2492.482	*	365
=	2.57

Total System Services's Days Inventory for the quarter that ended in Jun. 2019 is calculated as:

	Days Inventory (Q: Jun. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2019 )	+	Total Inventories (Q: Jun. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
=	( (20.074	+	19.71)	/	2 )	/	630.82	*	365 / 4
=	19.892					/	630.82	*	365 / 4
=	2.88

Total System Services (NYSE:TSS) 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.

Total System Services's Inventory Turnover for the three months ended in Jun. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	630.82	/	19.892
	=	31.71

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.

Total System Services's Inventory to Revenue for the three months ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.892	/	1035.485
	=	0.02

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.

Total System Services Days Inventory Related Terms

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

Total System Services (Total System Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Total System Services Inc (NYSE:TSS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

One TSYS Way, Columbus, GA, USA, 31901-4222

Website

http://www.tsys.com

Total System Services Inc based in Columbus, Georgia, provides payment-processing services in the U.S. and abroad. In 2013 TSYS provided processing services for 28% of domestic consumer credit card accounts and 59% of domestic commercial credit card accounts. The company has operating segments in North America Services, International Services, and Merchant Services, plus the newer NetSpend segment, which deals in prepaid debit and payroll cards and arrived via a 2013 acquisition.

Executives

Kriss Iii Cloninger	director	1932 WYNNTON ROAD, COLUMBUS GA 31999
Driver Walter W Jr	director	ONE TSYS WAY, COLUMBUS GA 31901
Joia M Johnson	director	C/O HANESBRANDS INC., 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
F. Thaddeus Arroyo	director	208 S. AKARD, DALLAS TX 75202
Sidney E Harris	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
John Thompson Turner	director	ONE TSYS WAY, COLUMBUS GA 31901
M Troy Woods	director, officer: Chairman and CEO	ONE TSYS WAY, COLUMBUS GA 31901
Paul M Todd	officer: Sr. EVP and CFO	ONE TSYS WAY, B-4, COLUMBUS GA 31901
Patricia A Watson	officer: Senior EVP and CIO	TOTAL SYSTEM SERVICES, INC., ONE TSYS WAY, COLUMBUS GA 31901
Richard A Smith	director	175 PARK AVENUE, MADISON NJ 07940
Griffith G Sanders Iii	officer: Sr. EVP, Gen. Counsel, Sec.	ONE TSYS WAY, COLUMBUS GA 31901
Mason H Lampton	director	ONE TSYS WAY, C-1, COLUMBUS GA 31901
Philip W Tomlinson	director	ONE TSYS WAY, COLUMBUS GA 31901
William M Isaac	director	C/O ASSOCIATES FIRST CAPITAL CORP, 250 E CARPENTER FREEWAY, IRVING TX 75062