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Newlink Technology (Newlink Technology) Days Inventory : 3.47 (As of Dec. 2023)


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What is Newlink Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Newlink Technology's Average Total Inventories for the six months ended in Dec. 2023 was $0.31 Mil. Newlink Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was $16.18 Mil. Hence, Newlink Technology's Days Inventory for the six months ended in Dec. 2023 was 3.47.

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

NWLTF' s Days Inventory Range Over the Past 10 Years
Min: 3.91   Med: 4.12   Max: 4.32
Current: 3.91

During the past 7 years, Newlink Technology's highest Days Inventory was 4.32. The lowest was 3.91. And the median was 4.12.

NWLTF's Days Inventory is ranked better than
74.26% of 1562 companies
in the Software industry
Industry Median: 19.44 vs NWLTF: 3.91

Newlink Technology's Days Inventory declined from Dec. 2022 (3.83) to Dec. 2023 (3.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Newlink Technology's Inventory Turnover for the six months ended in Dec. 2023 was 52.53.

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. Newlink Technology's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.02.


Newlink Technology Days Inventory Historical Data

The historical data trend for Newlink Technology'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.

Newlink Technology Days Inventory Chart

Newlink Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - - 4.32 3.92

Newlink Technology Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 3.83 4.47 3.47

Competitive Comparison of Newlink Technology's Days Inventory

For the Software - Application subindustry, Newlink Technology'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.


Newlink Technology's Days Inventory Distribution in the Software Industry

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

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



Newlink Technology Days Inventory Calculation

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

Newlink Technology'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
=( (0.323 + 0.304) / 2 ) / 29.187*365
=0.3135 / 29.187*365
=3.92

Newlink Technology's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.312 + 0.304) / 2 ) / 16.179*365 / 2
=0.308 / 16.179*365 / 2
=3.47

* 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.


Newlink Technology  (OTCPK:NWLTF) 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.

Newlink Technology's Inventory Turnover for the six months ended in Dec. 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.

Newlink Technology's Inventory to Revenue for the six months ended in Dec. 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.


Newlink Technology Days Inventory Related Terms

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


Newlink Technology (Newlink Technology) Business Description

Traded in Other Exchanges
Address
Xueqing Road, 5th Floor, Tower A, Xueqing Jiachuang Building, Haidian District, Beijing, CHN, 100083
Newlink Technology Inc is an investment holding company that provides IT solutions, technology-driven IT solutions based on self-developed software products. It provides traditional solution services to its customers involved in specific industries, such as finance, medical, transportation, and logistics as well as general industries. Geographically, all business activities are carried out in China.

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