Automatic Data Processing (BUE:ADP) Days Inventory : 0.00 (As of Dec. 2024)

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What is Automatic Data Processing Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Automatic Data Processing's Average Total Inventories for the three months ended in Dec. 2024 was ARS0 Mil. Automatic Data Processing's Cost of Goods Sold for the three months ended in Dec. 2024 was ARS2,769,925 Mil. Hence, Automatic Data Processing's Days Inventory for the three months ended in Dec. 2024 was 0.00.

The historical rank and industry rank for Automatic Data Processing's Days Inventory or its related term are showing as below:

BUE:ADP's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 20.425
* Ranked among companies with meaningful Days Inventory only.

Automatic Data Processing's Days Inventory stayed the same from Dec. 2023 (0.00) to Dec. 2024 (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. Automatic Data Processing's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.00.

Automatic Data Processing Days Inventory Historical Data

The historical data trend for Automatic Data Processing'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.

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Automatic Data Processing Days Inventory Chart

Automatic Data Processing Annual Data

Trend

Jun15

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Jun24

Days Inventory

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Automatic Data Processing Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Automatic Data Processing's Days Inventory

For the Software - Application subindustry, Automatic Data Processing'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.

Automatic Data Processing's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Automatic Data Processing's Days Inventory distribution charts can be found below:

* The bar in red indicates where Automatic Data Processing's Days Inventory falls into.

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Automatic Data Processing Days Inventory Calculation

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

Automatic Data Processing's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	9381884.716	*	365
=	0					/	9381884.716	*	365
=	0.00

Automatic Data Processing's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2769925.027	*	365 / 4
=	0					/	2769925.027	*	365 / 4
=	0.00

Automatic Data Processing (BUE:ADP) 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.

Automatic Data Processing's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2769925.027	/	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.

Automatic Data Processing's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	4823356.048
	=	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.

Automatic Data Processing Days Inventory Related Terms

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Automatic Data Processing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Automatic Data Processing Inc (BUE:ADP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ADP:USA ADAP:Mexico 0HJI:UK ADP:Germany ADP:Germany ADPR34:Brazil ADP:Austria

Address

One ADP Boulevard, Roseland, NJ, USA, 07068

Website

https://www.adp.com

Automatic Data Processing is a global technology company providing cloud-based human capital management solutions enabling clients to better implement payroll, talent, time, tax, and benefits administration. Additionally, ADP provides human resource outsourcing solutions that allow customers to offload some of their traditional HR tasks. The company operates through two segments: employer services and the professional employer organization services. Employer services consists of the company's HCM products as well as a la carte HRO solutions. PEO services contains ADP's comprehensive HRO solution where it acts as a co-employer with its customer. As of fiscal 2024, ADP serves over 1.1 million clients and pays over 42 million workers across 140 countries.