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PAR Technology (PAR Technology) Days Inventory

: 26.82 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). PAR Technology's Average Total Inventories for the three months ended in Dec. 2023 was $23.9 Mil. PAR Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was $81.3 Mil. Hence, PAR Technology's Days Inventory for the three months ended in Dec. 2023 was 26.82.

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

PAR' s Days Inventory Range Over the Past 10 Years
Min: 33.19   Med: 47.86   Max: 52.18
Current: 33.19

During the past 13 years, PAR Technology's highest Days Inventory was 52.18. The lowest was 33.19. And the median was 47.86.

PAR's Days Inventory is ranked worse than
60.28% of 1566 companies
in the Software industry
Industry Median: 19.53 vs PAR: 33.19

PAR Technology's Days Inventory declined from Dec. 2022 (49.33) to Dec. 2023 (26.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. PAR Technology's Inventory Turnover for the three months ended in Dec. 2023 was 3.40.

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. PAR Technology's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.22.


PAR Technology Days Inventory Historical Data

The historical data trend for PAR Technology'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 51.24 [6] => 42.85 [7] => 46.89 [8] => 49.77 [9] => 35.17 )
PAR Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.24 42.85 46.89 49.77 35.17

PAR Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 49.33 41.37 33.62 29.30 26.82

Competitive Comparison

For the Software - Application subindustry, PAR Technology'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.


PAR Technology Days Inventory Distribution

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

* The bar in red indicates where PAR Technology's Days Inventory falls into.



PAR Technology Days Inventory Calculation

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

PAR Technology'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
=( (37.594 + 23.594) / 2 ) / 317.513*365
=30.594 / 317.513*365
=35.17

PAR Technology's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (24.193 + 23.594) / 2 ) / 81.307*365 / 4
=23.8935 / 81.307*365 / 4
=26.82

* 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.


PAR Technology  (NYSE:PAR) 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.

PAR Technology'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.

PAR Technology'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.


PAR Technology Days Inventory Related Terms

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


PAR Technology (PAR Technology) Business Description

Traded in Other Exchanges
Address
PAR Technology Park, 8383 Seneca Turnpike, New Hartford, NY, USA, 13413-4991
PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation and communication services. It has two segments. Restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software and integrated technical solutions to the restaurant and retail industries. Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.
Executives
Douglas Gregory Rauch director 54 WILDE ROAD, WABAN MA 02468
Michael Anthony Steenberge officer: Chief Accounting Officer PAR TECHNOLOGY CORPORATION, 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Cathy A King officer: VP, GEN COUNSEL & CORP SEC 5424 LAKE HOUSE ROAD, BRANTINGHAM NY 13312
Michael David Nelson officer: President of Subsidiary 747 GRAND WOOD CT., SPRINGBORO OH 45066
Raju Malhotra officer: CHF PRODUCT & TECH OFFICER 745 BROMFIELD RD, HILLSBOROUGH CA 94010
Narinder Singh director 4096 PIEDMONT AVENUE, #231, OAKLAND CA 94618
Keith Pascal director 1520 FOREST AVE., HIGHLAND PARK IL 60035
Sammon John W Jr director 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Bryan A Menar officer: VP & Chief Financial Officer 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Matthew R Cicchinelli officer: President, PGSC & RRC 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Donald H Foley director, officer: President & CEO 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Adam D Wyden 10 percent owner 1133 BROADWAY, SUITE 719, NEW YORK NY 10010
Adw Capital Management, Llc 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
Adw Capital Partners, L.p. 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
James C Stoffel director 101 KNOLLWOOD DRIVE, ROCHESTER NY 14618

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