GURUFOCUS.COM » STOCK LIST » Technology » Software » Priority Technology Holdings Inc (NAS:PRTH) » Definitions » Days Inventory

PRTH (Priority Technology Holdings) Days Inventory : 0.00 (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Priority Technology Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Priority Technology Holdings's Average Total Inventories for the three months ended in Sep. 2024 was $0.0 Mil. Priority Technology Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was $141.1 Mil. Hence, Priority Technology Holdings's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

PRTH's Days Inventory is not ranked *
in the Software industry.
Industry Median: 18.72
* Ranked among companies with meaningful Days Inventory only.

Priority Technology Holdings's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 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. Priority Technology Holdings's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.00.


Priority Technology Holdings Days Inventory Historical Data

The historical data trend for Priority Technology Holdings'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.

Priority Technology Holdings Days Inventory Chart

Priority Technology Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only - - - - -

Priority Technology Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Priority Technology Holdings's Days Inventory

For the Software - Infrastructure subindustry, Priority Technology Holdings'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.


Priority Technology Holdings's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Priority Technology Holdings's Days Inventory falls into.



Priority Technology Holdings Days Inventory Calculation

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

Priority Technology Holdings'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 ) / 480.307*365
=0 / 480.307*365
=0.00

Priority Technology Holdings's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 141.07*365 / 4
=0 / 141.07*365 / 4
=0.00

* 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.


Priority Technology Holdings  (NAS:PRTH) 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.

Priority Technology Holdings's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

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.

Priority Technology Holdings's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

* 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.


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.


Priority Technology Holdings Days Inventory Related Terms

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


Priority Technology Holdings Business Description

Traded in Other Exchanges
Address
2001 Westside Parkway, Suite 155, Alpharetta, GA, USA, 30004
Priority Technology Holdings Inc is a provider of merchant acquiring and commercial payment solutions to small and medium businesses enterprises in the United States. The company has three reportable segments which are SMB Payments, B2B Payments and Enterprise Payments. SMB Payments segment which generates majority revenue provides full-service acquiring and payment-enabled solutions for B2C transactions, leveraging priority's proprietary software platform, distributed through ISO; B2B Payments segment provides AP automation solutions to corporations, software partners and industry FIs: and Enterprise Payments segment provides embedded payment and treasury solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments.
Executives
Sean Kiewiet officer: Chief Technology Officer 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Rajiv Kumar officer: Chief Accounting Officer C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Thomas Charles Priore director, 10 percent owner, officer: President, CEO and Chairman 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
John Vito Priore director, 10 percent owner, officer: President and CEO 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Tim O'leary officer: Chief Financial Officer C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Stephen W Hipp director C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Marc A Crisafulli director C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
David Faupel officer: Chief Marketing Officer C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Ranjana Ram officer: Head of M&A Strategic Initiati C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, ALPHARETTA GA 30004
Anthony Martin Bonventre officer: EVP Operations C/O PRIORITY TECHNOLOGY HOLDINGS, INC., 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Marietta Davis director C/O SHARPSPRING, 550 SW 2ND AVENUE, GAINESVILLE FL 32601
Michael Passilla director 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004
Pamela A Tefft officer: Corporate Controller and Chief 11720 AMBER PARK DRIVE, SUITE 600, ALPHARETTA GA 30004
Bradley J Miller officer: General Counsel and CRO C/O UNITED COMMUNITY BANKS, INC., P.O. BOX 398, BLAIRSVILLE GA 30514
Priority Incentive Equity Holdings, Llc director, 10 percent owner, officer: President, CEO and Chairman 2001 WESTSIDE PARKWAY, SUITE 155, ALPHARETTA GA 30004