SofTech (SofTech) Days Inventory : 0.00 (As of Nov. 2016)

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What is SofTech Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SofTech's Average Total Inventories for the three months ended in Nov. 2016 was $0.00 Mil. SofTech's Cost of Goods Sold for the three months ended in Nov. 2016 was $0.24 Mil. Hence, SofTech's Days Inventory for the three months ended in Nov. 2016 was 0.00.

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

SOFT's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.46
* Ranked among companies with meaningful Days Inventory only.

SofTech's Days Inventory stayed the same from Nov. 2015 (0.00) to Nov. 2016 (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. SofTech's Inventory-to-Revenue for the three months ended in Nov. 2016 was 0.00.

SofTech Days Inventory Historical Data

The historical data trend for SofTech'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.

SofTech Days Inventory Chart

SofTech Annual Data

Trend

May06

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Days Inventory

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SofTech Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of SofTech's Days Inventory

For the Software - Application subindustry, SofTech'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.

SofTech's Days Inventory Distribution in the Software Industry

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

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

SofTech Days Inventory Calculation

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

SofTech's Days Inventory for the fiscal year that ended in May. 2016 is calculated as

	Days Inventory (A: May. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: May. 2015 )	+	Total Inventories (A: May. 2016 ))	/	count )	/	Cost of Goods Sold (A: May. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1.522	*	365
=	0					/	1.522	*	365
=	0.00

SofTech's Days Inventory for the quarter that ended in Nov. 2016 is calculated as:

	Days Inventory (Q: Nov. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2016 )	+	Total Inventories (Q: Nov. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.235	*	365 / 4
=	0					/	0.235	*	365 / 4
=	0.00

SofTech (OTCPK:SOFT) 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.

SofTech's Inventory Turnover for the three months ended in Nov. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.235	/	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.

SofTech's Inventory to Revenue for the three months ended in Nov. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.637
	=	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.

SofTech Days Inventory Related Terms

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

SofTech (SofTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SofTech Inc (OTCPK:SOFT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854

Website

http://www.softech.com

SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.

Executives

Joseph Patrick Daly	10 percent owner	497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper	director

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