LSI Software (WAR:LSI) Inventory Turnover : 1.77 (As of Mar. 2024)

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What is LSI Software Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. LSI Software's Cost of Goods Sold for the three months ended in Mar. 2024 was zł8.46 Mil. LSI Software's Average Total Inventories for the quarter that ended in Mar. 2024 was zł4.78 Mil. LSI Software's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.77.

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 three months ended in Mar. 2024 was 51.60.

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 quarter that ended in Mar. 2024 was 0.36.

LSI Software Inventory Turnover Historical Data

The historical data trend for LSI Software's Inventory Turnover 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 Inventory Turnover Chart

LSI Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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10.67

8.11

8.09

6.51

6.39

LSI Software Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.15	1.44	1.58	2.29	1.77

LSI Software Inventory Turnover Calculation

LSI Software's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	36.812	/ (	(7.624	+	3.901)	/	2 )
=	36.812	/	5.7625
=	6.39

LSI Software's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	8.459	/ (	(3.901	+	5.665)	/	2 )
=	8.459	/	4.783
=	1.77

LSI Software (WAR:LSI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	4.783	/	8.459	*	365 / 4
	=	51.60

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 quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	4.783	/	13.147
	=	0.36

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

LSI Software Inventory Turnover Related Terms

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LSI Software (WAR:LSI) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » LSI Software SA (WAR:LSI) » Definitions » Inventory Turnover

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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.