GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » VeriFone Systems Inc (NYSE:PAY) » Definitions » Change In Inventory

VeriFone Systems (VeriFone Systems) Change In Inventory : $9 Mil (TTM As of Apr. 2018)


View and export this data going back to 2005. Start your Free Trial

What is VeriFone Systems Change In Inventory?

VeriFone Systems's change in inventory for the quarter that ended in Apr. 2018 was $1 Mil. It means VeriFone Systems's inventory declined by $1 Mil from Jan. 2018 to Apr. 2018 .

VeriFone Systems's change in inventory for the fiscal year that ended in Oct. 2017 was $30 Mil. It means VeriFone Systems's inventory declined by $30 Mil from Oct. 2016 to Oct. 2017 .

VeriFone Systems's Total Inventories for the quarter that ended in Apr. 2018 was $124 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. VeriFone Systems's Days Inventory for the quarter that ended in Apr. 2018 was 44.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. VeriFone Systems's Inventory Turnover for the quarter that ended in Apr. 2018 was 2.07.

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. VeriFone Systems's Inventory-to-Revenue for the quarter that ended in Apr. 2018 was 0.29.


VeriFone Systems Change In Inventory Historical Data

The historical data trend for VeriFone Systems's Change In 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.

VeriFone Systems Change In Inventory Chart

VeriFone Systems Annual Data
Trend Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.78 9.45 -16.42 -45.68 30.40

VeriFone Systems Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
Change In 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 4.39 7.15 -0.51 1.03 0.99

VeriFone Systems Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Apr. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $9 Mil.

* 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.


VeriFone Systems  (NYSE:PAY) Change In Inventory Explanation

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

VeriFone Systems's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=125.6915/259.929*365 / 4
=44.12

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

VeriFone Systems's Inventory Turnover for the quarter that ended in Apr. 2018 is calculated as

3. 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.

VeriFone Systems's Inventory to Revenue for the quarter that ended in Apr. 2018 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.


VeriFone Systems Change In Inventory Related Terms

Thank you for viewing the detailed overview of VeriFone Systems's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


VeriFone Systems (VeriFone Systems) Business Description

Traded in Other Exchanges
N/A
Address
Verifone sells hardware and complementary software and services that enable merchants to accept electronic payments at the point of sale. Its offerings are used in the retail, gas station, restaurant, and taxi environments, among others. The Verifone Systems segment sells devices and basic payment and security software. The Verifone Services segment provides "payments as a service"--longer-term leasing, support, and other payment-related services.
Executives
Robert B Henske director 2535 GARCIA AVE, MOUNTAIN VIEW CA 94043
Paul Galant director, officer: CEO 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Karen A Austin director 3100 WEST BIG BEAVER ROAD, TROY MI 48084
Marc E Rothman officer: EVP & CFO 1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196
Larry A Klane director 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Robert W Alspaugh director C/O AUTOLIV INC, KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Rowan M Trollope director 4000 EXECUTIVE PARKWAY, SUITE #400, SAN RAMON CA 94583
Alex W Hart director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Ronald D Black director 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Albert Liu officer: EVP, Corp Dev & Gen Counsel 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Wenda Harris Millard director C/O YAHOO INC, 701 FIRST AVE, SUNNYVALLE CA 94089
William Kenneth Nelson officer: EVP Global Product Mgmt & Serv ONE WAYSIDE ROAD BURLINGTON MA 01803
Leslie G Denend director C/O RATIONAL SOFTWARE CORP, 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Jeffrey E Stiefler director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043