Koal Software Co (SHSE:603232) Days Inventory: 345.60 (As of Mar. 2026) — 120% Above Median

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SHSE:603232 Koal Software Co Ltd SHSE:603232
73 GF Score
Price ¥13.23
GF Value ¥10.48
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Koal Software Co Days Inventory?

Koal Software Co SHSE:603232 -5.23% 73 Days Inventory is 345.60 as of Mar. 2026, which is 120% above its 10-year median of 157.12. GuruFocus rates SHSE:603232 with a GF Score™ of 73/100 and a GF Value™ of ¥10.48 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,654 Software companies, Koal Software Co ranks worse than 92.74% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Koal Software Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥133.0 Mil. Koal Software Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥35.1 Mil. Hence, Koal Software Co's Days Inventory for the three months ended in Mar. 2026 was 345.60.

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

SHSE:603232' s Days Inventory Range Over the Past 10 Years
Min: 76.36   Med: 157.12   Max: 273.83
Current: 220.22

During the past 13 years, Koal Software Co's highest Days Inventory was 273.83. The lowest was 76.36. And the median was 157.12.

SHSE:603232's Days Inventory is ranked worse than
92.74% of 1654 companies
in the Software industry
Industry Median: 20.375 vs SHSE:603232: 220.22

Koal Software Co's Days Inventory increased from Mar. 2025 (261.93) to Mar. 2026 (345.60). It might indicate that Koal Software Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Koal Software Co's Inventory Turnover for the three months ended in Mar. 2026 was 0.26.

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. Koal Software Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 2.02.


Koal Software Co  (SHSE:603232) 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.

Koal Software Co'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.

Koal Software Co'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.


Koal Software Co Days Inventory Related Terms


Koal Software Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Koal Software Co'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.

Koal Software Co Days Inventory Chart

Koal Software Co 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 273.83 250.74 218.60 159.26 170.54

Koal Software Co 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 261.93 331.74 156.30 138.16 345.60

SHSE:603232 vs MSFT, ORCL, PLTR: Days Inventory Comparison

For the Software - Infrastructure subindustry, Koal Software Co'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.


Koal Software Co Days Inventory vs Software Industry

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

* The bar in red indicates where Koal Software Co's Days Inventory falls into.


SHSE:603232
73GF Score
Koal Software Co Ltd SHSE:603232
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koal Software Co Days Inventory Calculation

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

Koal Software Co'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
=( (73.984 + 95.766) / 2 ) / 181.653*365
=84.875 / 181.653*365
=170.54

Koal Software Co'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
=( (95.766 + 170.29) / 2 ) / 35.124*365 / 4
=133.028 / 35.124*365 / 4
=345.60

* 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 345.60 mean?
Koal Software Co (SHSE:603232) has a Days Inventory of 345.60 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Koal Software Co and its competitors. This is 120% above median its historical median of 157.12. Over the past decade, Koal Software Co's Days Inventory has ranged from 76.36 to 273.83. According to the industry distribution chart, Koal Software Co ranks #1534 out of 1654 companies in the Software industry, placing it in the top 92.7%.
Is Koal Software Co's Days Inventory too high?
Koal Software Co's current Days Inventory of 345.60 is 120% above median its 10-year median of 157.12. Over the past 10 years, this metric has ranged from a low of 76.36 to a high of 273.83. The Software industry median Days Inventory is 20.38. Koal Software Co's value of 345.60 is 1596.2% above this industry median. Based on the distribution chart, Koal Software Co ranks #1534 out of 1654 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Koal Software Co has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koal Software Co's Days Inventory compare to MSFT and ORCL?
According to the Software industry distribution chart, Koal Software Co ranks #1534 out of 1654 companies for Days Inventory. This places Koal Software Co in the lower half of its industry. The industry median Days Inventory is 20.38. Koal Software Co's value of 345.60 is 1596.2% above this benchmark. Historically, Koal Software Co's own Days Inventory has ranged from 76.36 to 273.83 over the past decade. While the company's 10-year median is 157.12 vs. the industry median of 20.38, Koal Software Co has consistently been above 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 20.38, based on 1,654 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. Koal Software Co's current Days Inventory of 345.60 is 1596.2% above 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 Koal Software Co and its competitors. For the Software industry, the median Days Inventory is 20.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koal Software Co's current Days Inventory is 345.60, which is 120% above median its own 10-year median of 157.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koal Software Co stock overvalued right now?
Based on GuruFocus' analysis, Koal Software Co (SHSE:603232) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥10.48, compared to a current price of ¥13.23 — trading 26.2% above its estimated fair value. The current Days Inventory is 345.60, which is 120% above median its 10-year median of 157.12 and 1596.2% above the Software industry median of 20.38. Koal Software Co's overall GF Score™ is 73/100 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 Koal Software Co (SHSE:603232), the current Days Inventory is 345.60 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 Koal Software Co (SHSE:603232) Overvalued in 2026?

Based on GuruFocus' analysis, Koal Software Co stock appears to be overvalued. The current stock price of ¥13.23 is trading 26.2% above its estimated GF Value™ of ¥10.48. GuruFocus considers Koal Software Co to be Modestly Overvalued.

Key valuation signals for SHSE:603232:

  • Days Inventory: 345.60 (120% above median its 10-year median of 157.12)
  • GF Value™: ¥10.48 vs. price of ¥13.23 (26.2% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 1596.2% above the Software median (#1534 of 1654)

No single metric tells the full story. See the SHSE:603232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Koal Software Co Business Description

Address No. 1-7, Lane 58, Muchuan Road, Industry Base A2 Building, Sijing Town, Songjiang District, Shanghai, CHN, 201601
Koal Software Co Ltd is engaged in the development, production, sale, and service of commercial password software to the information security industry and public key infrastructure field. Its product line includes digital certificate authentication system; secure authentication gateway; signature verification server; electronic signature system; secure email system; secure instant messaging system; electronic file management system; LAN access authentication system; and mobile media management system.
73GF Score

Get the complete analysis for SHSE:603232

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

¥13.23
Price
¥10.48
GF Value