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Gstarsoft Co (SHSE:688657) Days Inventory : 13.33 (As of Sep. 2024)


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What is Gstarsoft Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gstarsoft Co's Average Total Inventories for the three months ended in Sep. 2024 was ¥0.9 Mil. Gstarsoft Co's Cost of Goods Sold for the three months ended in Sep. 2024 was ¥6.0 Mil. Hence, Gstarsoft Co's Days Inventory for the three months ended in Sep. 2024 was 13.33.

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

SHSE:688657' s Days Inventory Range Over the Past 10 Years
Min: 7.39   Med: 11.98   Max: 14.53
Current: 14.53

During the past 9 years, Gstarsoft Co's highest Days Inventory was 14.53. The lowest was 7.39. And the median was 11.98.

SHSE:688657's Days Inventory is ranked better than
55.18% of 1555 companies
in the Software industry
Industry Median: 18.72 vs SHSE:688657: 14.53

Gstarsoft Co's Days Inventory declined from Sep. 2023 (13.51) to Sep. 2024 (13.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gstarsoft Co's Inventory Turnover for the three months ended in Sep. 2024 was 6.84.

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. Gstarsoft Co's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.01.


Gstarsoft Co Days Inventory Historical Data

The historical data trend for Gstarsoft 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.

* Premium members only.

Gstarsoft Co Days Inventory Chart

Gstarsoft Co Annual Data
Trend Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 13.77 12.40 7.64 11.98 14.27

Gstarsoft Co Quarterly Data
Jun14 Dec14 Jun15 Dec18 Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 13.51 15.22 14.92 14.29 13.33

Competitive Comparison of Gstarsoft Co's Days Inventory

For the Software - Application subindustry, Gstarsoft 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.


Gstarsoft Co's Days Inventory Distribution in the Software Industry

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

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



Gstarsoft Co Days Inventory Calculation

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

Gstarsoft Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.952 + 0.907) / 2 ) / 23.767*365
=0.9295 / 23.767*365
=14.27

Gstarsoft Co's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.864 + 0.877) / 2 ) / 5.957*365 / 4
=0.8705 / 5.957*365 / 4
=13.33

* 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.


Gstarsoft Co  (SHSE:688657) 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.

Gstarsoft Co's Inventory Turnover for the three months ended in Sep. 2024 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.

Gstarsoft Co's Inventory to Revenue for the three months ended in Sep. 2024 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.


Gstarsoft Co Days Inventory Related Terms

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


Gstarsoft Co Business Description

Traded in Other Exchanges
N/A
Address
No. 286, Dongping Street, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215123
Gstarsoft Co Ltd Is engaged in research & development, promotion and sales of CAD-related software. It provides users with Haochen CAD, Haochen 3D, Products such as Haochen CAD Viewer and related services surrounding the aforementioned products.
Executives
Li Zhang Chun Core technical personnel
Wang Guang Sheng Core technical personnel
Lu Xiang Directors, senior managers, core technical personn
Wang Wei Core technical personnel
Li Ming Jin Core technical personnel
Wu Hai Long Core technical personnel
Liang Jiang Directors, senior managers, core technical personn
Yu Huai Gu senior management
Deng Li Qun Senior management, core technical personnel
Huang Mei Yu senior management
Ding Guo Yun senior management
Liang Hai Xia senior management
Hu Li Xin Director
Pan Li Directors, senior managers, core technical personn

Gstarsoft Co Headlines

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