SP Plus (SP Plus) Days Inventory : 0.00 (As of Dec. 2023)

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SP Plus Days Inventory Definition

Days Inventory is also known as Days Sales of Inventory (DSI). SP Plus's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. SP Plus's Cost of Goods Sold for the three months ended in Dec. 2023 was $392 Mil. Hence, SP Plus's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

SP's Days Inventory is not ranked ^*
in the Business Services industry.
Industry Median: 29.12
* Ranked among companies with meaningful Days Inventory only.

SP Plus's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

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

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. SP Plus's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

SP Plus Days Inventory Historical Data

The historical data trend for SP Plus'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.

SP Plus Days Inventory Chart

SP Plus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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SP Plus Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of SP Plus's Days Inventory

For the Specialty Business Services subindustry, SP Plus'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.

SP Plus Days Inventory Distribution

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

* The bar in red indicates where SP Plus's Days Inventory falls into.

SP Plus Days Inventory Calculation

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

SP Plus'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
=	( (0	+	0)	/	1 )	/	1528.3	*	365
=	0					/	1528.3	*	365
=	0.00

SP Plus'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
=	( (0	+	0)	/	1 )	/	391.9	*	365 / 4
=	0					/	391.9	*	365 / 4
=	0.00

SP Plus (NAS:SP) 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.

SP Plus's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	391.9	/	0
	=

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.

SP Plus's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	454.1
	=	0.00

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.

SP Plus Days Inventory Related Terms

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

SP Plus (SP Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SP Plus Corp (NAS:SP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PZA:Germany

Address

200 East Randolph Street, Suite 7700, Chicago, IL, USA, 60601-7702

Website

https://www.spplus.com

SP Plus Corp Provides parking management, ground transportation, and other ancillary services to commercial, institutional, and municipal clients in urban markets and airports across the United States, Canada, and Puerto Rico. Its services include a comprehensive set of on-site parking management and ground transportation services, In addition, the company also provides a range of ancillary services such as airport and municipal shuttle operations, valet services, taxi and livery dispatch services, and municipal meter revenue collection and enforcement services. Its reportable segments are Commercial and Aviation. The company generates a majority of its revenue from the Commercial segment.

Executives

G Marc Baumann	officer: CFO, Treas & Pres of Urban Ops	900 NORTH MICHIGAN AVENUE SUITE 1600, CHICAGO IL 60611
Christopher R Sherman	officer: President, Commercial Division	C/O SP PLUS CORPORATION, 200 EAST RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Robert Toy	officer: Executive VP, Operations	C/O STANDARD PARKING CORPORATION, 900 N. MICHIGAN AVENUE, CHICAGO IL 60611
John Ricchiuto	officer: Exec. VP, Airport Division	900 NORTH MICHIGAN AVENUE SUITE 1600, CHICAGO IL 60611
Gary T Roberts	officer: SVP, Corp. Cont., Asst. Treas.	C/O SP PLUS CORPORATION, 200 EAST RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Diana L Sands	director	100 N RIVERSIDE PLAZA, M/C 5003-1001, CHICAGO IL 60606
Kristopher H Roy	officer: VP, Corporate Controller	C/O SP PLUS CORPORATION, 200 E. RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Robert A Miles	officer: President, Bags	C/O SP PLUS CORPORATION, 200 E. RANDOLPH STREET, SUITE 7700, CHICAGO IL 60601
Gerard M Klaisle	officer: Exec. VP & Chief H.R. Officer
Ritu Vig	officer: Chief Legal Officer	C/O SP PLUS CORPORATION, 200 E. RANDOLPH ST., SUITE 7700, CHICAGO IL 60601
Thomas L Hagerman	officer: Exec. VP, Business Development	900 NORTH MICHIGAN SUITE 1600, CHICAGO IL 60611
Alice M Peterson	director	3333 BEVERLY RD B5-153A, HOFFMAN ESTTES IL 60179
Robert N Sacks	officer: Exec. VP, Gen. Counsel & Sec.	900 NORTH MICHIGAN AVENUE SUITE 1600, CHICAGO IL 60611
Robert S Roath	director	781 THIRD AVENUE, KING OF PRUSSIA PA 194061409
Kohlberg Cpc Rep, L.l.c.	director, 10 percent owner	C/O KOHLBERG & COMPANY, LLC, 111 RADIO CIRCLE, MT. KISCO NY 10549