Research Solutions (FRA:61I) Days Inventory : 0.00 (As of Mar. 2024)

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What is Research Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Research Solutions's Average Total Inventories for the three months ended in Mar. 2024 was €0.00 Mil. Research Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was €6.10 Mil. Hence, Research Solutions's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

During the past 13 years, Research Solutions's highest Days Inventory was 2.73. The lowest was 2.73. And the median was 2.73.

FRA:61I's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.46
* Ranked among companies with meaningful Days Inventory only.

Research Solutions's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 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. Research Solutions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Research Solutions Days Inventory Historical Data

The historical data trend for Research Solutions'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.

Research Solutions Days Inventory Chart

Research Solutions Annual Data

Trend

Jun14

Jun15

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Jun18

Jun19

Jun20

Jun21

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Jun23

Days Inventory

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Research Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Research Solutions's Days Inventory

For the Software - Application subindustry, Research Solutions'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.

Research Solutions's Days Inventory Distribution in the Software Industry

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

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

Research Solutions Days Inventory Calculation

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

Research Solutions's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	21.231	*	365
=	0					/	21.231	*	365
=	0.00

Research Solutions's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	6.104	*	365 / 4
=	0					/	6.104	*	365 / 4
=	0.00

Research Solutions (FRA:61I) 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.

Research Solutions's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.104	/	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.

Research Solutions's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	11.147
	=	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.

Research Solutions Days Inventory Related Terms

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

Research Solutions (FRA:61I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Research Solutions Inc (FRA:61I) » Definitions » Days Inventory

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RSSS:USA

Address

10624 S. Eastern Avenue, Suite A-614, Henderson, NV, USA, 89052

Website

https://www.researchsolutions.com

Research Solutions Inc is a holding company. The company provides a cloud-based SaaS research intelligence platform consisting of proprietary software and Internet-based interfaces. Its platform also allows customers to find and download digital versions of STM articles. Platforms and Transactions are packaged as a single solution that enables life science and other research-intensive organizations to speed up research and development activities. The company platform allows customers to initiate orders, manage transactions, automate authentication, obtain reports, and connect seamlessly to corporate intranets.

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