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Checkpoint Systems (Checkpoint Systems) Days Inventory : 105.09 (As of Mar. 2016)


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What is Checkpoint Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Checkpoint Systems's Average Total Inventories for the three months ended in Mar. 2016 was $86.4 Mil. Checkpoint Systems's Cost of Goods Sold for the three months ended in Mar. 2016 was $75.0 Mil. Hence, Checkpoint Systems's Days Inventory for the three months ended in Mar. 2016 was 105.09.

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

CKP's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 29.11
* Ranked among companies with meaningful Days Inventory only.

Checkpoint Systems's Days Inventory declined from Mar. 2015 (118.77) to Mar. 2016 (105.09).

Inventory Turnover measures how fast the company turns over its inventory within a year. Checkpoint Systems's Inventory Turnover for the three months ended in Mar. 2016 was 0.87.

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. Checkpoint Systems's Inventory-to-Revenue for the three months ended in Mar. 2016 was 0.72.


Checkpoint Systems Days Inventory Historical Data

The historical data trend for Checkpoint 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.

Checkpoint Systems Days Inventory Chart

Checkpoint Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.56 92.66 71.91 84.91 92.64

Checkpoint Systems Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 118.77 99.70 96.89 81.84 105.09

Competitive Comparison of Checkpoint Systems's Days Inventory

For the Security & Protection Services subindustry, Checkpoint 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.


Checkpoint Systems's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Checkpoint Systems's Days Inventory distribution charts can be found below:

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



Checkpoint Systems Days Inventory Calculation

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

Checkpoint Systems's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (91.86 + 82.126) / 2 ) / 342.743*365
=86.993 / 342.743*365
=92.64

Checkpoint Systems's Days Inventory for the quarter that ended in Mar. 2016 is calculated as:

Days Inventory (Q: Mar. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2015 ) + Total Inventories (Q: Mar. 2016 )) / count ) / Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=( (82.126 + 90.591) / 2 ) / 74.986*365 / 4
=86.3585 / 74.986*365 / 4
=105.09

* 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.


Checkpoint Systems  (NYSE:CKP) 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.

Checkpoint Systems's Inventory Turnover for the three months ended in Mar. 2016 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.

Checkpoint Systems's Inventory to Revenue for the three months ended in Mar. 2016 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.


Checkpoint Systems Days Inventory Related Terms

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


Checkpoint Systems (Checkpoint Systems) Business Description

Traded in Other Exchanges
N/A
Address
Checkpoint Systems Inc was founded in 1969. Company is a manufacturer and provider of technology-driven loss prevention, inventory management and labeling solutions to the retail and apparel industries. It also provides electronic article surveillance systems and tags using RF and electro-magnetic technology. It also engineer systems using RF and acousto-magnetic technology. It operates directly in 28 countries. Its products are developed and manufactured in-house and sold through direct distribution and reseller channels. Company reported its results of operations in three segments: Merchandise Availability Solutions (MAS), Apparel Labeling Solutions (ALS), and Retail Merchandising Solutions (RMS). ALS includes the results of radio frequency identification (RFID) labels business, coupled with data management platform and network of service bureaus that manage the printing of variable information on apparel labels and tags. MAS segment, which is focused on loss prevention and Merchandise Visibility (RFID), includes EAS systems, EAS consumables, Alpha high-theft solutions, RFID systems and software and CheckView in Asia. There were no changes to the RMS Segment. Its competitors include: Tyco International Ltd., Avery Dennison Corporation, SML Group, R-Pac International Corporation, NexGen, Fineline Technologies, SATO DCS & Labeling Worldwide, Garvey Products Inc., Hallo, Avery Dennison Corporation, and Prix International.
Executives
Dan Maurer director C/O ZAGG INC., 3855 SOUTH 500 WEST, SUITE N, SALT LAKE CITY UT 84115
Stephen N David director C/O CNO FINANCIAL GROUP, INC., 11825 NORTH PENNSYLVANIA STREET, CARMEL IN 46032
George Jr Babich director, officer: CEO and President 3111 W ALLEGHENY AVE, PHILADELPHIA PA 19132
Marc T Giles director 1 COLONIAL ROAD, MANCHESTER CT 06042
Jack W Partridge director
Julie Spicer England director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Antle William S Iii director C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Rowland Bryan T.r. officer: See Remarks 101 WOLF DRIVE, THOROFARE NJ 08086
Van Der Merwe Robert P director, officer: Chairman, President and CEO
George W Off director C/O TDS, 30 N LASALLE STREET SUITE 4000, CHICAGO IL 60602
Robert O Aders director