KSPI (Kaspi.kz JSC) Days Inventory: 17.46 (As of Mar. 2026) — 236% Above Median


KSPI Kaspi.kz JSC KSPI
81 GF Score
Price $87.98
GF Value $197.03
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Kaspi.kz JSC Days Inventory?

Kaspi.kz JSC KSPI +1.55% 81 Days Inventory is 17.46 as of Mar. 2026, which is 236% above its 10-year median of 5.20. GuruFocus rates KSPI with a GF Score™ of 81/100 and a GF Value™ of $197.03 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,647 Software companies, Kaspi.kz JSC ranks worse than 50.58% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Kaspi.kz JSC's Average Total Inventories for the three months ended in Mar. 2026 was $235 Mil. Kaspi.kz JSC's Cost of Goods Sold for the three months ended in Mar. 2026 was $1,229 Mil. Hence, Kaspi.kz JSC's Days Inventory for the three months ended in Mar. 2026 was 17.46.

The historical rank and industry rank for Kaspi.kz JSC's Days Inventory or its related term are showing as below:

KSPI' s Days Inventory Range Over the Past 10 Years
Min: 2.16   Med: 5.2   Max: 20.7
Current: 20.7

During the past 10 years, Kaspi.kz JSC's highest Days Inventory was 20.70. The lowest was 2.16. And the median was 5.20.

KSPI's Days Inventory is ranked worse than
50.58% of 1647 companies
in the Software industry
Industry Median: 20.09 vs KSPI: 20.70

Kaspi.kz JSC's Days Inventory increased from Mar. 2025 (14.71) to Mar. 2026 (17.46). It might indicate that Kaspi.kz JSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kaspi.kz JSC's Inventory Turnover for the three months ended in Mar. 2026 was 5.23.

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. Kaspi.kz JSC's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.10.


Kaspi.kz JSC  (NAS:KSPI) 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.

Kaspi.kz JSC'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.

Kaspi.kz JSC'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.


Kaspi.kz JSC Days Inventory Related Terms


Kaspi.kz JSC Days Inventory Historical Data

* Premium members only.

The historical data trend for Kaspi.kz JSC'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.

Kaspi.kz JSC Days Inventory Chart

Kaspi.kz JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 2.16 4.51 6.19 12.07

Kaspi.kz JSC 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 14.71 36.07 19.83 18.62 17.46

KSPI vs MSFT, ORCL, PLTR: Days Inventory Comparison

For the Software - Infrastructure subindustry, Kaspi.kz JSC'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.


Kaspi.kz JSC Days Inventory vs Software Industry

For the Software industry and Technology sector, Kaspi.kz JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kaspi.kz JSC's Days Inventory falls into.


KSPI
81GF Score
Kaspi.kz JSC KSPI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaspi.kz JSC Days Inventory Calculation

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

Kaspi.kz JSC'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
=( (31.366 + 249.239) / 2 ) / 4242.202*365
=140.3025 / 4242.202*365
=12.07

Kaspi.kz JSC'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
=( (249.239 + 220.988) / 2 ) / 1228.799*365 / 4
=235.1135 / 1228.799*365 / 4
=17.46

* 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 17.46 mean?
Kaspi.kz JSC (KSPI) has a Days Inventory of 17.46 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Kaspi.kz JSC and its competitors. This is 236% above median its historical median of 5.20. Over the past decade, Kaspi.kz JSC's Days Inventory has ranged from 2.16 to 20.70. According to the industry distribution chart, Kaspi.kz JSC ranks #833 out of 1647 companies in the Software industry, placing it in the top 50.6%.
Is Kaspi.kz JSC's Days Inventory too high?
Kaspi.kz JSC's current Days Inventory of 17.46 is 236% above median its 10-year median of 5.20. Over the past 10 years, this metric has ranged from a low of 2.16 to a high of 20.70. The Software industry median Days Inventory is 20.09. Kaspi.kz JSC's value of 17.46 is 13.1% below this industry median. Based on the distribution chart, Kaspi.kz JSC ranks #833 out of 1647 companies in the Software industry, which is below the industry midpoint. Overall, Kaspi.kz JSC has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kaspi.kz JSC's Days Inventory compare to MSFT and ORCL?
According to the Software industry distribution chart, Kaspi.kz JSC ranks #833 out of 1647 companies for Days Inventory. This places Kaspi.kz JSC in the lower half of its industry. The industry median Days Inventory is 20.09. Kaspi.kz JSC's value of 17.46 is 13.1% below this benchmark. Historically, Kaspi.kz JSC's own Days Inventory has ranged from 2.16 to 20.70 over the past decade. While the company's 10-year median is 5.20 vs. the industry median of 20.09, Kaspi.kz JSC 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. Kaspi.kz JSC's current Days Inventory of 17.46 is 13.1% 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 Kaspi.kz JSC 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. Kaspi.kz JSC's current Days Inventory is 17.46, which is 236% above median its own 10-year median of 5.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaspi.kz JSC stock overvalued right now?
Based on GuruFocus' analysis, Kaspi.kz JSC (KSPI) is currently considered Significantly Undervalued. The stock's GF Value™ is $197.03, compared to a current price of $87.98 — trading 55.3% below its estimated fair value. The current Days Inventory is 17.46, which is 236% above median its 10-year median of 5.20 and 13.1% below the Software industry median of 20.09. Kaspi.kz JSC's overall GF Score™ is 81/100 with 3 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 Kaspi.kz JSC (KSPI), the current Days Inventory is 17.46 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 Kaspi.kz JSC (KSPI) Overvalued in 2026?

Based on GuruFocus' analysis, Kaspi.kz JSC stock appears to be undervalued. The current stock price of $87.98 is trading 55.3% below its estimated GF Value™ of $197.03. GuruFocus considers Kaspi.kz JSC to be Significantly Undervalued.

Key valuation signals for KSPI:

  • Days Inventory: 17.46 (236% above median its 10-year median of 5.20)
  • GF Value™: $197.03 vs. price of $87.98 (55.3% below fair value)
  • GF Score™: 81/100 with 3 warning signs
  • Industry Position: 13.1% below the Software median (#833 of 1647)

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


Kaspi.kz JSC Business Description

Address 154A Nauryzbai Batyr Street, Almaty, KAZ, 050013
Kaspi.kz JSC is the payment, marketplace, and Fintech ecosystem in Kazakhstan. The firm provides interconnected technologically seamless products and services that help people to pay, shop and manage their finances. Its operating segment includes the Payments Platform that connects its customers, which consist of both consumers and merchants, to facilitate cashless, digital transactions, the Marketplace Platform, which derives maximum revenue, connects merchants and consumers enabling merchants to increase their sales and consumers to buy a broad selection of products and services offered by a variety of merchants, and Fintech Platform that enables customers to manage their personal finances online and access consumer finance and deposit products through the Kaspi.kz Super App.
81GF Score

Get the complete analysis for KSPI

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

$87.98
Price
$197.03
GF Value