CPAY (Corpay) Days Inventory : 0.00 (As of Dec. 2024)

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What is Corpay Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Corpay's Average Total Inventories for the three months ended in Dec. 2024 was $0 Mil. Corpay's Cost of Goods Sold for the three months ended in Dec. 2024 was $229 Mil. Hence, Corpay's Days Inventory for the three months ended in Dec. 2024 was 0.00.

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

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

Corpay'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. Corpay's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.00.

Corpay Days Inventory Historical Data

The historical data trend for Corpay'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.

Corpay Days Inventory Chart

Corpay Annual Data

Trend

Dec15

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Dec20

Dec21

Dec22

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Dec24

Days Inventory

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Corpay 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 Corpay's Days Inventory

For the Software - Infrastructure subindustry, Corpay'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.

Corpay's Days Inventory Distribution in the Software Industry

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

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

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Corpay Days Inventory Calculation

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

Corpay's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	869.085	*	365
=	0					/	869.085	*	365
=	0.00

Corpay'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 )	/	228.78	*	365 / 4
=	0					/	228.78	*	365 / 4
=	0.00

Corpay (NYSE:CPAY) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	228.78	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1034.431
	=	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.

Corpay Days Inventory Related Terms

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

Corpay Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Corpay Inc (NYSE:CPAY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

07G0:Germany 07G0:Germany

Address

3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305

Website

https://www.corpay.com

Corpay Inc is a corporate payments company that helps businesses and consumers manage and pay their expenses. Its suite of modern payment solutions helps customers manage vehicle-related expenses, lodging expenses, and corporate payments. Its reportable segments are; Vehicle Payments, Corporate Payments, Lodging Payments, and Other. The group's geographic areas are the United States, Brazil, the United Kingdom, and Other.

Executives

Richard Macchia	director	C/O INTERNET SECURITY SYSTEMS INC, 6303 BARFIELD RD, ATLANTA GA 30328
Alan King	officer: President UK and Aust/NewZea	5445 TRIANGLE PARKWAY, NORCROSS GA 30092
Alissa B Vickery	officer: Chief Accounting Officer	3280 PEACHTREE ROAD, SUITE 2400, ATLANTA GA 30305
Armando Lins Netto	officer: CEO Brazil	5455 TRIANGLE PARKWAY, NORCROSS GA 30092
Joseph W Farrelly	director	5445 TRIANGLE PARKWAY, NORCROSS GA 30092
Ronald Clarke	director, officer: CEO & President	5445 TRIANGLE PARKWAY, NORCROSS GA 30092
Gerald C Throop	director	C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Thomas E Panther	officer: Chief Financial Officer	10 GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30328
Rahul Gupta	director	255 FISERV DRIVE, BROOKFIELD WI 53045
Annabelle G Bexiga	director	1075 JORDAN CREEK PARKWAY, SUITE 300, WEST DES MOINES IA 50266
Eric Dey	officer: CFO & Secretary	655 ENGINEERING DRIVE, SUITE 300, NORCROSS GA 30092
Jones Archie L Jr.	director	3280 PEACHTREE ROAD, ATLANTA GA 30305
Alexey Gavrilenya	officer: President East/Central Europe	5445 TRIANGLE PARKWAY, NORCROSS GA 30092
David J Krantz	officer: Group President, NA Fuel	5445 TRIANGLE PARKWAY, SUITE 400, PEACHTREE CORNERS 2Q 30092
Hala G Moddelmog	director