ReadSoft AB (LTS:0GQO) Days Inventory : 0.00 (As of Jun. 2014)

View and export this data going back to . Start your Free Trial

What is ReadSoft AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). ReadSoft AB's Average Total Inventories for the three months ended in Jun. 2014 was kr0.0 Mil. ReadSoft AB's Cost of Goods Sold for the three months ended in Jun. 2014 was kr2.6 Mil. Hence, ReadSoft AB's Days Inventory for the three months ended in Jun. 2014 was 0.00.

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

LTS:0GQO' s Days Inventory Range Over the Past 10 Years
Min: 2.92 Med: 6.55 Max: 18
Current: 2.92

During the past 13 years, ReadSoft AB's highest Days Inventory was 18.00. The lowest was 2.92. And the median was 6.55.

LTS:0GQO's Days Inventory is not ranked
in the Software industry.
Industry Median: 18.28 vs LTS:0GQO: 2.92

ReadSoft AB's Days Inventory stayed the same from Jun. 2013 (0.00) to Jun. 2014 (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. ReadSoft AB's Inventory-to-Revenue for the three months ended in Jun. 2014 was 0.00.

ReadSoft AB Days Inventory Historical Data

The historical data trend for ReadSoft AB'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.

ReadSoft AB Days Inventory Chart

ReadSoft AB Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Inventory

Get a 7-Day Free Trial

49.75

ReadSoft AB Quarterly Data
	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of ReadSoft AB's Days Inventory

For the Software - Application subindustry, ReadSoft AB'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.

ReadSoft AB's Days Inventory Distribution in the Software Industry

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

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

ReadSoft AB Days Inventory Calculation

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

ReadSoft AB's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

	Days Inventory (A: Dec. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (2.727	+	2.975)	/	2 )	/	-8.3050000000001	*	365
=	2.851					/	-8.3050000000001	*	365
=	N/A

ReadSoft AB's Days Inventory for the quarter that ended in Jun. 2014 is calculated as:

	Days Inventory (Q: Jun. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2014 )	+	Total Inventories (Q: Jun. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2014 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.6	*	365 / 4
=	0					/	2.6	*	365 / 4
=	0.00

ReadSoft AB (LTS:0GQO) 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.

ReadSoft AB's Inventory Turnover for the three months ended in Jun. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.6	/	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.

ReadSoft AB's Inventory to Revenue for the three months ended in Jun. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	209.3
	=	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.

ReadSoft AB Days Inventory Related Terms

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

ReadSoft AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ReadSoft AB (LTS:0GQO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

ReadSoft AB is a Sweden-based company that creates and markets software and services for document automation, processes such as data entry, information verification, document workflows, and e-voicing. The company operates in over 16 countries worldwide, with partnerships in an additional 70. The company offers solutions primarily for industries such as banking, manufacturing, service bureaus, market research, insurance, government, and medical. Major customers include IKEA, Audi, Porsche, Yves Rocher, Swedish Tax, DaimlerChrysler, HSBS Bank, Avon, Bosch, London Underground, New York Transit, Toyota, Volvo, Monoprix, Ericsson, and ING. The company is headquartered in Helsingborg, Sweden. The company offers ReadSoft DOCUMENTS, a complete software platform for document automation. The product incorporates five Automation Areas: Capture, capturing the information in any format and making it ready for electronic processing; Understand, enabling the computer to read, sort, interpret, extract, and index documents electronically; Manage, providing customers with control of electronic documents, including the verification and quality control with archiving and monitoring capabilities; Integrate, integration with the business software; and Interchange, Electronic Data Interchange. Capabilities within each Automation Area are customized to the needs of the customer, and solutions can be expanded to include any required extra capabilities. Also, this software can be integrated with systems such as SAP and Oracle E-Business Suite, Intentia, and IFS. ReadSoft business solutions for specific areas include: ReadSoft Documents for Mailrooms, Documents for EDI, Documents for Invoices, and Documents for Forms. Additionally, the company offers Professional Services such as project management and customization, Solution Optimization, Training, and Technical Support.

ReadSoft AB Headlines

No Headlines