Dotsoft (ATH:DOTSOFT) Days Inventory : 2.92 (As of Jun. 2024)

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What is Dotsoft Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dotsoft's Average Total Inventories for the six months ended in Jun. 2024 was €0.05 Mil. Dotsoft's Cost of Goods Sold for the six months ended in Jun. 2024 was €3.10 Mil. Hence, Dotsoft's Days Inventory for the six months ended in Jun. 2024 was 2.92.

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

ATH:DOTSOFT' s Days Inventory Range Over the Past 10 Years
Min: 2.57 Med: 6.31 Max: 11.29
Current: 2.57

During the past 4 years, Dotsoft's highest Days Inventory was 11.29. The lowest was 2.57. And the median was 6.31.

ATH:DOTSOFT's Days Inventory is ranked better than
79.56% of 1585 companies
in the Software industry
Industry Median: 20.45 vs ATH:DOTSOFT: 2.57

Dotsoft's Days Inventory declined from Jun. 2023 (10.95) to Jun. 2024 (2.92).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dotsoft's Inventory Turnover for the six months ended in Jun. 2024 was 62.55.

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. Dotsoft's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.01.

Dotsoft Days Inventory Historical Data

The historical data trend for Dotsoft'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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Dotsoft Days Inventory Chart

Dotsoft Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

6.31

11.29

4.73

Dotsoft Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial			9.40	12.29	10.95	1.87	2.92

Competitive Comparison of Dotsoft's Days Inventory

For the Information Technology Services subindustry, Dotsoft'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.

Dotsoft's Days Inventory Distribution in the Software Industry

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

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

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Dotsoft Days Inventory Calculation

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

Dotsoft'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
=	( (0.105	+	0.031)	/	2 )	/	5.25	*	365
=	0.068					/	5.25	*	365
=	4.73

Dotsoft's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

	Days Inventory (Q: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.031	+	0.068)	/	2 )	/	3.096	*	365 / 2
=	0.0495					/	3.096	*	365 / 2
=	2.92

Dotsoft (ATH:DOTSOFT) 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.

Dotsoft's Inventory Turnover for the six months ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.096	/	0.0495
	=	62.55

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.

Dotsoft's Inventory to Revenue for the six months ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0495	/	5.008
	=	0.01

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.

Dotsoft Days Inventory Related Terms

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

Dotsoft Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dotsoft SA (ATH:DOTSOFT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Navaarchou Kountouriotou, Thessaloniki, GRC

Website

https://www.dotsoft.gr

Dotsoft SA is one of the most innovative and pioneering IT and communications companies. The main objective of the company is to strengthen its competitiveness in the ICT sector and in particular in the services and integrated solutions that will be provided through the new diffusion channels of the internet. The company offers the following solutions to the Greek and International market which includes e-business, e-government & mobile government, digi-culture, e-tourism and Smart and Sustainable cities.

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