Total System Services (Total System Services) Total Inventories : $20 Mil (As of Jun. 2019)

View and export this data going back to 1989. Start your Free Trial

What is Total System Services Total Inventories?

Total System Services's total inventories for the quarter that ended in Jun. 2019 was $20 Mil. Total System Services's average total inventories from the quarter that ended in Mar. 2019 to the quarter that ended in Jun. 2019 was $20 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Total System Services's Net-Net Working Capital per share for the quarter that ended in Jun. 2019 was $-24.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Total System Services's Days Inventory for the three months ended in Jun. 2019 was 2.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Total System Services's Inventory Turnover for the quarter that ended in Jun. 2019 was 31.71.

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. Total System Services's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.02.

Total System Services Total Inventories Historical Data

The historical data trend for Total System Services's Total Inventories 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.

Total System Services Total Inventories Chart

Total System Services Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Inventories

Get a 7-Day Free Trial

14.34

15.11

17.11

17.07

18.09

Total System Services Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Total Inventories	Get a 7-Day Free Trial															19.26	19.40	18.09	20.07	19.71

Total System Services Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Total System Services (NYSE:TSS) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Total System Services's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2019 is

	Net-Net Working Capital Per Share (Q: Jun. 2019 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(458.22	+	0.75 * 513.712	+	0.5 * 19.71	-	5212.212
-	0	-	0)	/	176.977
=	-24.63

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

Total System Services's Days Inventory for the three months ended in Jun. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2019 )	/	Cost of Goods Sold (Q: Jun. 2019 )	*	Days in Period
	=	19.892	/	630.82	*	365 / 4
	=	2.88

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

Total System Services's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2019 )	/	Average Total Inventories (Q: Jun. 2019 )
	=	630.82	/	19.892
	=	31.71

4. 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.

Total System Services's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2019 )	/	Revenue (Q: Jun. 2019 )
	=	19.892	/	1035.485
	=	0.02

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Total System Services Total Inventories Related Terms

Thank you for viewing the detailed overview of Total System Services's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Total System Services (Total System Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Total System Services Inc (NYSE:TSS) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

One TSYS Way, Columbus, GA, USA, 31901-4222

Website

http://www.tsys.com

Total System Services Inc based in Columbus, Georgia, provides payment-processing services in the U.S. and abroad. In 2013 TSYS provided processing services for 28% of domestic consumer credit card accounts and 59% of domestic commercial credit card accounts. The company has operating segments in North America Services, International Services, and Merchant Services, plus the newer NetSpend segment, which deals in prepaid debit and payroll cards and arrived via a 2013 acquisition.

Executives

Kriss Iii Cloninger	director	1932 WYNNTON ROAD, COLUMBUS GA 31999
Driver Walter W Jr	director	ONE TSYS WAY, COLUMBUS GA 31901
Joia M Johnson	director	C/O HANESBRANDS INC., 1000 EAST HANES MILL ROAD, WINSTON SALEM NC 27105
F. Thaddeus Arroyo	director	208 S. AKARD, DALLAS TX 75202
Sidney E Harris	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
John Thompson Turner	director	ONE TSYS WAY, COLUMBUS GA 31901
M Troy Woods	director, officer: Chairman and CEO	ONE TSYS WAY, COLUMBUS GA 31901
Paul M Todd	officer: Sr. EVP and CFO	ONE TSYS WAY, B-4, COLUMBUS GA 31901
Patricia A Watson	officer: Senior EVP and CIO	TOTAL SYSTEM SERVICES, INC., ONE TSYS WAY, COLUMBUS GA 31901
Richard A Smith	director	175 PARK AVENUE, MADISON NJ 07940
Griffith G Sanders Iii	officer: Sr. EVP, Gen. Counsel, Sec.	ONE TSYS WAY, COLUMBUS GA 31901
Mason H Lampton	director	ONE TSYS WAY, C-1, COLUMBUS GA 31901
Philip W Tomlinson	director	ONE TSYS WAY, COLUMBUS GA 31901
William M Isaac	director	C/O ASSOCIATES FIRST CAPITAL CORP, 250 E CARPENTER FREEWAY, IRVING TX 75062