SOFO (Sonic Foundry) Days Inventory: 85.13 (As of Sep. 2023)

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SOFO Sonic Foundry Inc SOFO
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What is Sonic Foundry Days Inventory?

Sonic Foundry SOFO 12 Days Inventory is 85.13 as of Sep. 2023. GuruFocus rates SOFO with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Sonic Foundry's Average Total Inventories for the three months ended in Sep. 2023 was $2.19 Mil. Sonic Foundry's Cost of Goods Sold for the three months ended in Sep. 2023 was $2.35 Mil. Hence, Sonic Foundry's Days Inventory for the three months ended in Sep. 2023 was 85.13.

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

SOFO's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.645
* Ranked among companies with meaningful Days Inventory only.

Sonic Foundry's Days Inventory increased from Sep. 2022 (45.00) to Sep. 2023 (85.13). It might indicate that Sonic Foundry's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sonic Foundry's Inventory Turnover for the three months ended in Sep. 2023 was 1.07.

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. Sonic Foundry's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.39.


Sonic Foundry  (OTCPK:SOFO) 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.

Sonic Foundry'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.

Sonic Foundry'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.


Sonic Foundry Days Inventory Related Terms


Sonic Foundry Days Inventory Historical Data

* Premium members only.

The historical data trend for Sonic Foundry'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.

Sonic Foundry Days Inventory Chart

Sonic Foundry Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.17 32.68 28.53 40.16 65.41

Sonic Foundry Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 45.00 92.92 99.40 98.44 85.13

SOFO vs EBIXQ, WOWI, DUUO: Days Inventory Comparison

For the Software - Application subindustry, Sonic Foundry'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.


Sonic Foundry Days Inventory vs Software Industry

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

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


SOFO
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Sonic Foundry Inc SOFO
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Sonic Foundry Days Inventory Calculation

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

Sonic Foundry's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (1.462 + 1.855) / 2 ) / 9.255*365
=1.6585 / 9.255*365
=65.41

Sonic Foundry'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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2.526 + 1.855) / 2 ) / 2.348*365 / 4
=2.1905 / 2.348*365 / 4
=85.13

* 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 85.13 mean?
Sonic Foundry (SOFO) has a Days Inventory of 85.13 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sonic Foundry and its competitors.
Is Sonic Foundry's Days Inventory too high?
Sonic Foundry's current Days Inventory is 85.13. The Software industry median Days Inventory is 19.65. Sonic Foundry's value of 85.13 is 333.3% above this industry median. Overall, Sonic Foundry has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sonic Foundry's Days Inventory compare to EBIXQ and WOWI?
Sonic Foundry's Days Inventory of 85.13 can be compared against companies in the Software industry. The industry median Days Inventory is 19.65. Sonic Foundry's value of 85.13 is 333.3% above 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 a Software company?
The median Days Inventory among Software companies is 19.65, based on 1,664 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. Sonic Foundry's current Days Inventory of 85.13 is 333.3% 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 Sonic Foundry and its competitors. For the Software industry, the median Days Inventory is 19.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonic Foundry's current Days Inventory is 85.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonic Foundry stock overvalued right now?
Sonic Foundry (SOFO) has a current Days Inventory of 85.13. The current Days Inventory is 85.13 and 333.3% above the Software industry median of 19.65. Sonic Foundry'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 Sonic Foundry (SOFO), the current Days Inventory is 85.13 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.

Sonic Foundry Business Description

Address 222 W. Washington Avenue, Madison, WI, USA, 53703
Sonic Foundry Inc is engaged in the business of providing video enterprise solutions and services for the digital-first, distance learning, and corporate communications market. It offers video capture, management, and streaming solutions as well as virtual and hybrid events in education, business, and government. Sonic Foundry's family of brands includes Mediasite, Video Solutions, Vidable and Global Learning Exchange. The company also offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services, and Mediasite Customer Care. The company has a geographical presence in the United States, Europe, and the Middle East, Asia, and other places.
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