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Image Software (Image Software) Days Inventory : 2.28 (As of Jun. 2005)


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What is Image Software Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Image Software's Average Total Inventories for the three months ended in Jun. 2005 was $0.01 Mil. Image Software's Cost of Goods Sold for the three months ended in Jun. 2005 was $0.20 Mil. Hence, Image Software's Days Inventory for the three months ended in Jun. 2005 was 2.28.

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

ISOL's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.37
* Ranked among companies with meaningful Days Inventory only.

Image Software's Days Inventory declined from Jun. 2004 (6.67) to Jun. 2005 (2.28).

Inventory Turnover measures how fast the company turns over its inventory within a year. Image Software's Inventory Turnover for the three months ended in Jun. 2005 was 40.00.

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. Image Software's Inventory-to-Revenue for the three months ended in Jun. 2005 was 0.01.


Image Software Days Inventory Historical Data

The historical data trend for Image 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.

* Premium members only.

Image Software Days Inventory Chart

Image Software Annual Data
Trend Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.17 7.90 4.12 5.78 4.27

Image Software Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 6.67 8.54 8.77 2.53 2.28

Competitive Comparison of Image Software's Days Inventory

For the Software - Infrastructure subindustry, Image 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.


Image Software's Days Inventory Distribution in the Software Industry

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

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



Image Software Days Inventory Calculation

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

Image Software's Days Inventory for the fiscal year that ended in Dec. 2004 is calculated as

Days Inventory (A: Dec. 2004 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2003 ) + Total Inventories (A: Dec. 2004 )) / count ) / Cost of Goods Sold (A: Dec. 2004 )*Days in Period
=( (0.012 + 0.006) / 2 ) / 0.77*365
=0.009 / 0.77*365
=4.27

Image Software's Days Inventory for the quarter that ended in Jun. 2005 is calculated as:

Days Inventory (Q: Jun. 2005 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2005 ) + Total Inventories (Q: Jun. 2005 )) / count ) / Cost of Goods Sold (Q: Jun. 2005 )*Days in Period
=( (0.005 + 0.005) / 2 ) / 0.2*365 / 4
=0.005 / 0.2*365 / 4
=2.28

* 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.


Image Software  (OTCPK:ISOL) 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.

Image Software's Inventory Turnover for the three months ended in Jun. 2005 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.

Image Software's Inventory to Revenue for the three months ended in Jun. 2005 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.


Image Software Days Inventory Related Terms

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


Image Software (Image Software) Business Description

Traded in Other Exchanges
N/A
Address
7200 S. Alton Way A260, Centennial, Englewood, CO, USA, 80112
Image Software Inc is engaged in the Document Imaging and Management industry and operates on a multitude of platforms through Word documents, Excel spreadsheets, emails, Powerpoints, podcasts, projects, and reports. Its product offering comprise of 1ACCESS, 1API, 1ERM, 1FAX, V1A, 1SEARCH, WORKFLOW TOOLKIT, AND ZOE FETCH.

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