Days Inventory is also known as Days Sales of Inventory (DSI). Roper Technologies's Average Total Inventories for the
three
months ended in Dec. 2023 was $121 Mil. Roper Technologies's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $488 Mil.
Hence, Roper Technologies's Days Inventory for the
three
months ended in Dec. 2023 was 22.53.
The historical rank and industry rank for Roper Technologies's Days Inventory or its related term are showing as below:
ROP'
s Days Inventory Range Over the Past 10 Years
Min: 20.35 Med: 42.63 Max: 55.56
Current: 22.85
During the past 13 years, Roper Technologies's highest Days Inventory was 55.56. The lowest was 20.35. And the median was 42.63.
ROP's Days Inventory is ranked worse than 53.04% of 1565
companies
in the Software industry
Industry Median: 19.53
vs ROP: 22.85
Roper Technologies's Days Inventory
declined
from Dec. 2022 (22.60) to Dec. 2023 (22.53).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Roper Technologies's Inventory Turnover for the
three
months ended in Dec. 2023 was 4.05.
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.
Roper Technologies's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.07.
Roper Technologies Days Inventory Historical Data
The historical data trend for Roper Technologies'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.
Roper Technologies Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Days Inventory
44.74
55.56
29.98
20.35
22.43
Roper Technologies Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Days Inventory
22.60
22.89
22.91
23.49
22.53
Competitive Comparison
For the Software - Application subindustry, Roper Technologies'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.
Roper Technologies Days Inventory Distribution
For the Software industry and Technology sector, Roper Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Roper Technologies's Days Inventory falls into.
Roper Technologies Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Roper Technologies's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Roper Technologies (NAS:ROP) 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.
Roper Technologies's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Roper Technologies's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Roper Technologies Days Inventory Related Terms
Thank you for viewing the detailed overview of Roper Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Roper Technologies (Roper Technologies) Business Description
Roper is a diversified technology company that operates through three segments: application software; network software and systems; and technology enabled products. The firm's culture emphasizes acquiring asset-light, cash-generative businesses. Roper then reinvests this excess cash in businesses that yield incrementally higher rates of return. While the businesses are managed in a decentralized manner, Roper does not passively manage its portfolio. Instead, Roper manages its businesses through the Socratic method and empowers decision-makers through group executive coaching. Roper has now rotated a clear majority of its business from legacy industrial products into technology software in mature, niche markets with large quantities of deferred revenue.
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