LSI Software (LSI Software) Days Inventory : 39.77 (As of Dec. 2023)

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What is LSI Software Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LSI Software's Average Total Inventories for the three months ended in Dec. 2023 was $1.17 Mil. LSI Software's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.68 Mil. Hence, LSI Software's Days Inventory for the three months ended in Dec. 2023 was 39.77.

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

LSITF' s Days Inventory Range Over the Past 10 Years
Min: 28.21 Med: 36.95 Max: 58.58
Current: 58.58

During the past 13 years, LSI Software's highest Days Inventory was 58.58. The lowest was 28.21. And the median was 36.95.

LSITF's Days Inventory is ranked worse than
70.08% of 1561 companies
in the Software industry
Industry Median: 19.5 vs LSITF: 58.58

LSI Software's Days Inventory declined from Dec. 2022 (67.28) to Dec. 2023 (39.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. LSI Software's Inventory Turnover for the three months ended in Dec. 2023 was 2.29.

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. LSI Software's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.27.

LSI Software Days Inventory Historical Data

The historical data trend for LSI Software'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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LSI Software Days Inventory Chart

LSI Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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34.20

45.03

45.10

56.04

57.13

LSI Software 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															67.28	79.13	63.38	57.71	39.77

Competitive Comparison of LSI Software's Days Inventory

For the Software - Application subindustry, LSI Software'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.

LSI Software's Days Inventory Distribution in the Software Industry

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

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

LSI Software Days Inventory Calculation

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

LSI Software'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
=	( (1.945	+	0.995)	/	2 )	/	9.392	*	365
=	1.47					/	9.392	*	365
=	57.13

LSI Software'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
=	( (1.341	+	0.995)	/	2 )	/	2.68	*	365 / 4
=	1.168					/	2.68	*	365 / 4
=	39.77

LSI Software (GREY:LSITF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.68	/	1.168
	=	2.29

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.168	/	4.393
	=	0.27

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.

LSI Software Days Inventory Related Terms

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

LSI Software (LSI Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LSI Software SA (GREY:LSITF) » Definitions » Days Inventory

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Traded in Other Exchanges

LSI:Poland

Address

176/178 Przybyszewskiego Street, Lodz, POL, 93-120

Website

http://www.lsisoftware.pl

LSI Software SA is engaged in software development for retail and hospitality sectors as well as for cinema operators. It also involved in professional services, implementation services, maintenance, and the supplying of hardware solutions. The company products are bifurcated namely Bastion Enterprise Resource Planning (ERP), Positive Retail, Positive Hospitality and Expert computer hardware. The company derives most of its revenues from the sale of the Software business and has operations spread across Poland. Its geographic segments include Poland and other countries.

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