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TeleCommunication Systems (TeleCommunication Systems) Days Inventory : 13.32 (As of Sep. 2015)


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What is TeleCommunication Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TeleCommunication Systems's Average Total Inventories for the three months ended in Sep. 2015 was $9.5 Mil. TeleCommunication Systems's Cost of Goods Sold for the three months ended in Sep. 2015 was $64.8 Mil. Hence, TeleCommunication Systems's Days Inventory for the three months ended in Sep. 2015 was 13.32.

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

TSYS's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.61
* Ranked among companies with meaningful Days Inventory only.

TeleCommunication Systems's Days Inventory declined from Sep. 2014 (14.24) to Sep. 2015 (13.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. TeleCommunication Systems's Inventory Turnover for the three months ended in Sep. 2015 was 6.85.

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. TeleCommunication Systems's Inventory-to-Revenue for the three months ended in Sep. 2015 was 0.09.


TeleCommunication Systems Days Inventory Historical Data

The historical data trend for TeleCommunication Systems'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.

TeleCommunication Systems Days Inventory Chart

TeleCommunication Systems Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.75 8.38 10.17 17.14 13.88

TeleCommunication Systems Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Days 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 14.24 11.46 14.25 15.17 13.32

Competitive Comparison of TeleCommunication Systems's Days Inventory

For the Software - Application subindustry, TeleCommunication Systems'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.


TeleCommunication Systems's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where TeleCommunication Systems's Days Inventory falls into.



TeleCommunication Systems Days Inventory Calculation

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

TeleCommunication Systems's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (9.89 + 6.253) / 2 ) / 212.271*365
=8.0715 / 212.271*365
=13.88

TeleCommunication Systems's Days Inventory for the quarter that ended in Sep. 2015 is calculated as:

Days Inventory (Q: Sep. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Sep. 2015 )) / count ) / Cost of Goods Sold (Q: Sep. 2015 )*Days in Period
=( (9.217 + 9.714) / 2 ) / 64.834*365 / 4
=9.4655 / 64.834*365 / 4
=13.32

* 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.


TeleCommunication Systems  (NAS:TSYS) 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.

TeleCommunication Systems's Inventory Turnover for the three months ended in Sep. 2015 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.

TeleCommunication Systems's Inventory to Revenue for the three months ended in Sep. 2015 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.


TeleCommunication Systems Days Inventory Related Terms

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


TeleCommunication Systems (TeleCommunication Systems) Business Description

Traded in Other Exchanges
N/A
Address
TeleCommunication Systems Inc is a Maryland corporation, founded in 1987. The Company develops and delivers wireless communication technology, the development of which has led to ownership of 349 patents and nearly 400 patent applications. It delivers cellular network computing services that include public safety solutions for 9-1-1 call delivery, precision location platforms, and applications that include navigation, locator applications and text messaging, as well as secure wireless communications systems and professional services, including cybersecurity training and technology for defense and other government customers. Customers use its "mobile cloud" software functionality through connections to and from network operations centers, paying the Company monthly fees based on the number of subscribers, cell sites, call center circuits, or other metrics. The Company does business with the U.S. federal government as a prime contractor under major technology contract vehicles, as well as state, local and foreign government entities. The Company's segments include Government, and Commercial. Through the Government Segment, it provides professional services including field support of deployable wireless systems and cybersecurity training to the U.S. Department of Defense and other government and foreign customers. It owns and operates secure satellite teleport facilities, resell access to satellite airtime (known as space segment), and design, furnish, install and operate wireless communication systems and components, including its SwiftLink deployable communication systems which integrate high speed, satellite and internet protocol technology with secure, federal government-approved cryptologic devices. Through the Commercial segment, it enables 9-1-1 call routing via cellular, Voice over Internet Protocol (VoIP) and next generation technology. Other hosted and managed services include cellular carrier infrastructure for text messaging and location-based platforms and applications, including turn-by-turn navigation. Commercial segment customers include wireless carrier network operators, Voice over Internet Protocol service providers, wireless device manufacturers, automotive industry suppliers, and state and local governments. SwiftLink, Xypoint, AtlasBook, Gokivo, Connections that Matter, Designed for Mobility, Secure the Edge, Art of Exploitation, and Enabling Convergent Technologies are registered trademarks or service marks of the Company. The Company sells products and services through direct sales force and through indirect channels. The Company is subject to procurement and other related laws and regulations which carry significant penalties for non-compliance.
Executives
Bell Don Carlos Iii director 3713 SOUTHWESTERN BLVD, DALLAS TX 75225
Michael P Madon director 7732 BRIDLE PATH LN, MCLEAN VA 22102
Riverview Group Llc 10 percent owner 399 PARK AVENUE, NEW YORK NY 10022
Israel A Englander other: May be deemed as group member. C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millennium Management Llc other: May be deemed as group member. 399 PARK AVENUE, NEW YORK NY 10022
Integrated Holding Group, L.p. other: May be deemed as group member. C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103-0899