Lemonsoft Oyj (FRA:M36) Days Inventory: 1.89 (As of Mar. 2026) — Near Median


FRA:M36 Lemonsoft Oyj FRA:M36
77 GF Score
Price €4.53
GF Value €6.77
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Lemonsoft Oyj Days Inventory?

Lemonsoft Oyj FRA:M36 -0.88% 77 Days Inventory is 1.89 as of Mar. 2026, which is 5% below its 10-year median of 1.98. GuruFocus rates FRA:M36 with a GF Score™ of 77/100 and a GF Value™ of €6.77 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,647 Software companies, Lemonsoft Oyj ranks better than 82.39% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Lemonsoft Oyj's Average Total Inventories for the three months ended in Mar. 2026 was €0.09 Mil. Lemonsoft Oyj's Cost of Goods Sold for the three months ended in Mar. 2026 was €4.49 Mil. Hence, Lemonsoft Oyj's Days Inventory for the three months ended in Mar. 2026 was 1.89.

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

FRA:M36' s Days Inventory Range Over the Past 10 Years
Min: 1.62   Med: 1.98   Max: 2.28
Current: 1.8

During the past 8 years, Lemonsoft Oyj's highest Days Inventory was 2.28. The lowest was 1.62. And the median was 1.98.

FRA:M36's Days Inventory is ranked better than
82.39% of 1647 companies
in the Software industry
Industry Median: 20.09 vs FRA:M36: 1.80

Lemonsoft Oyj's Days Inventory increased from Mar. 2025 (1.69) to Mar. 2026 (1.89). It might indicate that Lemonsoft Oyj's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lemonsoft Oyj's Inventory Turnover for the three months ended in Mar. 2026 was 48.25.

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. Lemonsoft Oyj's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.01.


Lemonsoft Oyj  (FRA:M36) 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.

Lemonsoft Oyj's Inventory Turnover for the three months ended in Mar. 2026 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.

Lemonsoft Oyj's Inventory to Revenue for the three months ended in Mar. 2026 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.


Lemonsoft Oyj Days Inventory Related Terms


Lemonsoft Oyj Days Inventory Historical Data

* Premium members only.

The historical data trend for Lemonsoft Oyj'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.

Lemonsoft Oyj Days Inventory Chart

Lemonsoft Oyj Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 1.86 2.28 2.10 1.82 2.20

Lemonsoft Oyj Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.69 1.66 2.01 1.68 1.89

FRA:M36 vs UBER, SHOP, CRM: Days Inventory Comparison

For the Software - Application subindustry, Lemonsoft Oyj'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.


Lemonsoft Oyj Days Inventory vs Software Industry

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

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


FRA:M36
77GF Score
Lemonsoft Oyj FRA:M36
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lemonsoft Oyj Days Inventory Calculation

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

Lemonsoft Oyj's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.088 + 0.097) / 2 ) / 15.356*365
=0.0925 / 15.356*365
=2.20

Lemonsoft Oyj's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.097 + 0.089) / 2 ) / 4.487*365 / 4
=0.093 / 4.487*365 / 4
=1.89

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 1.89 mean?
Lemonsoft Oyj (FRA:M36) has a Days Inventory of 1.89 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lemonsoft Oyj and its competitors. This is near median its historical median of 1.98. Over the past decade, Lemonsoft Oyj's Days Inventory has ranged from 1.62 to 2.28. According to the industry distribution chart, Lemonsoft Oyj ranks #290 out of 1647 companies in the Software industry, placing it in the top 17.6%.
Is Lemonsoft Oyj's Days Inventory too high?
Lemonsoft Oyj's current Days Inventory of 1.89 is near median its 10-year median of 1.98. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 2.28. The Software industry median Days Inventory is 20.09. Lemonsoft Oyj's value of 1.89 is 90.6% below this industry median. Based on the distribution chart, Lemonsoft Oyj ranks #290 out of 1647 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Lemonsoft Oyj has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lemonsoft Oyj's Days Inventory compare to UBER and SHOP?
According to the Software industry distribution chart, Lemonsoft Oyj ranks #290 out of 1647 companies for Days Inventory. This places Lemonsoft Oyj in the top 18% of its industry — outperforming the majority of peers. The industry median Days Inventory is 20.09. Lemonsoft Oyj's value of 1.89 is 90.6% below this benchmark. Historically, Lemonsoft Oyj's own Days Inventory has ranged from 1.62 to 2.28 over the past decade. While the company's 10-year median is 1.98 vs. the industry median of 20.09, Lemonsoft Oyj has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Software company?
The median Days Inventory among Software companies is 20.09, based on 1,647 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lemonsoft Oyj's current Days Inventory of 1.89 is 90.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lemonsoft Oyj and its competitors. For the Software industry, the median Days Inventory is 20.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lemonsoft Oyj's current Days Inventory is 1.89, which is near median its own 10-year median of 1.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lemonsoft Oyj stock overvalued right now?
Based on GuruFocus' analysis, Lemonsoft Oyj (FRA:M36) is currently considered Significantly Undervalued. The stock's GF Value™ is €6.77, compared to a current price of €4.53 — trading 33.1% below its estimated fair value. The current Days Inventory is 1.89, which is near median its 10-year median of 1.98 and 90.6% below the Software industry median of 20.09. Lemonsoft Oyj's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Lemonsoft Oyj (FRA:M36), the current Days Inventory is 1.89 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lemonsoft Oyj (FRA:M36) Overvalued in 2026?

Based on GuruFocus' analysis, Lemonsoft Oyj stock appears to be undervalued. The current stock price of €4.53 is trading 33.1% below its estimated GF Value™ of €6.77. GuruFocus considers Lemonsoft Oyj to be Significantly Undervalued.

Key valuation signals for FRA:M36:

  • Days Inventory: 1.89 (near median its 10-year median of 1.98)
  • GF Value™: €6.77 vs. price of €4.53 (33.1% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 90.6% below the Software median (#290 of 1647)

No single metric tells the full story. See the FRA:M36 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lemonsoft Oyj Business Description

Other Exchanges LEMON:Finland
Address Vaasanpuistikko 20 A, 4th floor, Vaasa, FIN, 65100
Lemonsoft Oyj is a Finnish software company that designs, develops, and sells ERP software solutions to streamline its customers' processes across different business lines and administration. The Company operates in the ERP software market in Finland as a service provider for SMEs.
77GF Score

Get the complete analysis for FRA:M36

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.53
Price
€6.77
GF Value