Switch to:
GuruFocus has detected 7 Warning Signs with Roper Technologies Inc $ROP.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Roper Technologies Inc (NYSE:ROP)
Days Inventory
40.69 (As of Mar. 2017)

Roper Technologies Inc's average inventory for the three months ended in Mar. 2017 was $187 Mil. Roper Technologies Inc's cost of goods sold for the three months ended in Mar. 2017 was $419 Mil. Hence, Roper Technologies Inc's days inventory for the three months ended in Mar. 2017 was 40.69.

ROP' s Days Inventory Range Over the Past 10 Years
Min: 45.64   Max: 66.13
Current: 45.64

45.64
66.13

During the past 13 years, Roper Technologies Inc's highest Days Inventory was 66.13. The lowest was 45.64. And the median was 54.61.

ROP's Days Inventory is ranked higher than
83% of the 1751 Companies
in the Global Diversified Industrials industry.

( Industry Median: 97.63 vs. ROP: 45.64 )

Roper Technologies Inc's days inventory declined from Mar. 2016 (51.38) to Mar. 2017 (40.69).

Inventory can be measured by Days Sales of Inventory (DSI). Roper Technologies Inc's days sales of inventory (DSI) for the three months ended in Mar. 2017 was 15.68.

Inventory turnover measures how fast the company turns over its inventory within a year. Roper Technologies Inc's inventory turnover for the three months ended in Mar. 2017 was 2.24.

Inventory to revenue ratio 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 Inc's inventory to revenue ratio for the three months ended in Mar. 2017 was 0.17.


Definition

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

Roper Technologies Inc's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Dec. 2015 ) + Inventory (A: Dec. 2016 )) / 2 ) / COGS (A: Dec. 2016 )*Days in Period
=( (189.868 + 181.952) / 2 ) / 1457.515*365
=185.91 / 1457.515*365
=46.56

Roper Technologies Inc's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

Days Inventory (Q: Mar. 2017 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Dec. 2016 ) + Inventory (Q: Mar. 2017 )) / 2 ) / COGS (Q: Mar. 2017 )*Days in Period
=( (181.952 + 191.426) / 2 ) / 418.691*365 / 4
=186.689 / 418.691*365 / 4
=40.69

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Roper Technologies Inc's Days Sales of Inventory for the three months ended in Mar. 2017 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=186.689/1086.305*365 / 4
=15.68

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

Roper Technologies Inc's Inventory Turnover for the three months ended in Mar. 2017 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.

Roper Technologies Inc's Inventory to Revenue for the three months ended in Mar. 2017 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=186.689 / 1086.305
=0.17

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Roper Technologies Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysInventory 59.8858.7766.1358.7054.5954.6253.3050.2649.3846.56

Roper Technologies Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysInventory 48.8451.0650.2651.8048.9051.3848.5948.4045.1040.69
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK