QBAK (Qualstar) Days Inventory: 104.76 (As of Sep. 2023)


QBAK Qualstar Corp QBAK
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What is Qualstar Days Inventory?

Qualstar QBAK 12 Days Inventory is 104.76 as of Sep. 2023. GuruFocus rates QBAK with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Qualstar's Average Total Inventories for the three months ended in Sep. 2023 was $2.48 Mil. Qualstar's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.16 Mil. Hence, Qualstar's Days Inventory for the three months ended in Sep. 2023 was 104.76.

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

QBAK's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.47
* Ranked among companies with meaningful Days Inventory only.

Qualstar's Days Inventory increased from Sep. 2019 (90.82) to Sep. 2023 (104.76). It might indicate that Qualstar's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Qualstar's Inventory Turnover for the three months ended in Sep. 2023 was 0.87.

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. Qualstar's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.79.


Qualstar  (OTCPK:QBAK) 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.

Qualstar's Inventory Turnover for the three months ended in Sep. 2023 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.

Qualstar's Inventory to Revenue for the three months ended in Sep. 2023 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.


Qualstar Days Inventory Related Terms


Qualstar Days Inventory Historical Data

* Premium members only.

The historical data trend for Qualstar'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.

Qualstar Days Inventory Chart

Qualstar Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 Dec19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.04 115.21 83.48 113.33 100.07

Qualstar Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep22 Sep23
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 90.82 92.55 178.48 137.88 104.76

QBAK vs POLA, OZSC, XPON: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, Qualstar'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.


Qualstar Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qualstar's Days Inventory distribution charts can be found below:

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


QBAK
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Qualstar Corp QBAK
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Qualstar Days Inventory Calculation

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

Qualstar's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (2.897 + 2.54) / 2 ) / 9.916*365
=2.7185 / 9.916*365
=100.07

Qualstar's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2022 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 2.481) / 1 ) / 2.161*365 / 4
=2.481 / 2.161*365 / 4
=104.76

* 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 104.76 mean?
Qualstar (QBAK) has a Days Inventory of 104.76 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Qualstar and its competitors.
Is Qualstar's Days Inventory too high?
Qualstar's current Days Inventory is 104.76. The Industrial Products industry median Days Inventory is 119.47. Qualstar's value of 104.76 is 12.3% below this industry median. Overall, Qualstar has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Qualstar's Days Inventory compare to POLA and OZSC?
Qualstar's Days Inventory of 104.76 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.47. Qualstar's value of 104.76 is 12.3% below this benchmark. 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,968 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. Qualstar's current Days Inventory of 104.76 is 12.3% 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 Qualstar and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Qualstar's current Days Inventory is 104.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qualstar stock overvalued right now?
Qualstar (QBAK) has a current Days Inventory of 104.76. The current Days Inventory is 104.76 and 12.3% below the Industrial Products industry median of 119.47. Qualstar's overall GF Score™ is 12/100. 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 Qualstar (QBAK), the current Days Inventory is 104.76 as of Sep. 2023. 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.

Qualstar Business Description

Address 1267 Flynn Road, Suite 105, Camarillo, CA, USA, 93012
Qualstar Corp is a U.S.-based provider of data storage systems marketed under the Qualstar brand and power solutions marketed under the N2Power brand. The company operates through the Data Storage segment, which generates the majority of its revenue. It manufactures automated magnetic tape libraries to store, retrieve, and manage electronic data for archive, backup, and recovery, and provides technical customer support services. The Power Supplies segment designs and markets high-efficiency switching power supplies for electronic equipment. The company utilizes contract manufacturers in Asia and sells its products globally through authorized resellers and directly to OEMs. It operates in North America, Europe, Asia Pacific, and others, with the majority of its revenue from North America.
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