Neo Telemedia (HKSE:08167) Days Inventory : 0.23 (As of Sep. 2023)

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What is Neo Telemedia Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Neo Telemedia's Average Total Inventories for the three months ended in Sep. 2023 was HK$0.3 Mil. Neo Telemedia's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$101.3 Mil. Hence, Neo Telemedia's Days Inventory for the three months ended in Sep. 2023 was 0.23.

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

HKSE:08167' s Days Inventory Range Over the Past 10 Years
Min: 0.76 Med: 2.98 Max: 19.96
Current: 0.76

During the past 13 years, Neo Telemedia's highest Days Inventory was 19.96. The lowest was 0.76. And the median was 2.98.

HKSE:08167's Days Inventory is ranked better than
96.62% of 296 companies
in the Telecommunication Services industry
Industry Median: 19.14 vs HKSE:08167: 0.76

Neo Telemedia's Days Inventory declined from Sep. 2022 (1.57) to Sep. 2023 (0.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Neo Telemedia's Inventory Turnover for the three months ended in Sep. 2023 was 397.23.

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. Neo Telemedia's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.

Neo Telemedia Days Inventory Historical Data

The historical data trend for Neo Telemedia'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.

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Neo Telemedia Days Inventory Chart

Neo Telemedia Annual Data

Trend

Jun13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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1.03

2.44

3.38

1.72

1.01

Neo Telemedia 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															1.57	0.25	0.26	0.21	0.23

Competitive Comparison of Neo Telemedia's Days Inventory

For the Telecom Services subindustry, Neo Telemedia'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.

Neo Telemedia's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Neo Telemedia's Days Inventory distribution charts can be found below:

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

Neo Telemedia Days Inventory Calculation

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

Neo Telemedia's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (2.276	+	0.33)	/	2 )	/	472.289	*	365
=	1.303					/	472.289	*	365
=	1.01

Neo Telemedia'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
=	( (0.255	+	0)	/	1 )	/	101.293	*	365 / 4
=	0.255					/	101.293	*	365 / 4
=	0.23

Neo Telemedia (HKSE:08167) 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.

Neo Telemedia's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	101.293	/	0.255
	=	397.23

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.

Neo Telemedia's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.255	/	99.124
	=	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.

Neo Telemedia Days Inventory Related Terms

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

Neo Telemedia (HKSE:08167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Neo Telemedia Ltd (HKSE:08167) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Mody Road, Room 901B, 9th Floor, Empire Centre, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

http://www.neo-telemedia.com

Neo Telemedia Ltd and its subsidiaries invest and operate internet data centers and provide cloud computing services to businesses and governmental agencies in the People's Republic of China. The group is organized into two operating segments: the Provision of data center services, and Others. The majority of revenue stems from the data center services segment.

Neo Telemedia (HKSE:08167) Headlines

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