Koal Software Co (SHSE:603232) Inventory Turnover: 0.26 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:603232 Koal Software Co Ltd SHSE:603232
76 GF Score
Price ¥13.09
GF Value ¥10.52
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Koal Software Co Inventory Turnover?

Koal Software Co SHSE:603232 -2.24% 76 Inventory Turnover is 0.26 as of Mar. 2026. GuruFocus rates SHSE:603232 with a GF Score™ of 76/100 and a GF Value™ of ¥10.52 (Modestly Overvalued). The stock has 3 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Koal Software Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥35.1 Mil. Koal Software Co's Average Total Inventories for the quarter that ended in Mar. 2026 was ¥133.0 Mil. Koal Software Co's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.26.

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 three months ended in Mar. 2026 was 345.60.

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 quarter that ended in Mar. 2026 was 2.02.


Koal Software Co  (SHSE:603232) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. 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 three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=133.028/35.124*365 / 4
=345.60

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 quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=133.028 / 65.926
=2.02

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Koal Software Co Inventory Turnover Related Terms


Koal Software Co Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Koal Software Co's Inventory Turnover 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 Inventory Turnover Chart

Koal Software Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.46 1.67 2.29 2.14

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
Inventory Turnover 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 0.35 0.28 0.58 0.66 0.26
SHSE:603232
76GF Score
Koal Software Co Ltd SHSE:603232
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koal Software Co Inventory Turnover Calculation

Koal Software Co's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=181.653 / ((73.984 + 95.766) / 2 )
=181.653 / 84.875
=2.14

Koal Software Co's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=35.124 / ((95.766 + 170.29) / 2 )
=35.124 / 133.028
=0.26

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.26 mean?
Koal Software Co (SHSE:603232) has a Inventory Turnover of 0.26 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Koal Software Co and its competitors.
Is Koal Software Co's Inventory Turnover too high?
Koal Software Co's current Inventory Turnover is 0.26. Overall, Koal Software Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koal Software Co's Inventory Turnover compare to MSFT and ORCL?
Koal Software Co's Inventory Turnover of 0.26 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Software company?
A good Inventory Turnover depends on the Software industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Koal Software Co and its competitors. Koal Software Co's current Inventory Turnover is 0.26. 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 ¥10.52, compared to a current price of ¥13.09 — trading 24.4% above its estimated fair value. The current Inventory Turnover is 0.26. Koal Software Co's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Koal Software Co (SHSE:603232), the current Inventory Turnover is 0.26 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 ¥13.09 is trading 24.4% above its estimated GF Value™ of ¥10.52. GuruFocus considers Koal Software Co to be Modestly Overvalued.

Key valuation signals for SHSE:603232:

  • Inventory Turnover: 0.26
  • GF Value™: ¥10.52 vs. price of ¥13.09 (24.4% above fair value)
  • GF Score™: 76/100 with 3 warning signs

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.
76GF Score

Get the complete analysis for SHSE:603232

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

¥13.09
Price
¥10.52
GF Value