Neo Telemedia (HKSE:08167) Inventory Turnover : 397.23 (As of Sep. 2023)

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What is Neo Telemedia Inventory Turnover?

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. Neo Telemedia's Cost of Goods Sold for the three months ended in Sep. 2023 was HK$101.3 Mil. Neo Telemedia's Average Total Inventories for the quarter that ended in Sep. 2023 was HK$0.3 Mil. Neo Telemedia's Inventory Turnover for the quarter that ended in Sep. 2023 was 397.23.

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 three months ended in Sep. 2023 was 0.23.

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 quarter that ended in Sep. 2023 was 0.00.

Neo Telemedia Inventory Turnover Historical Data

The historical data trend for Neo Telemedia'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.

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Neo Telemedia Inventory Turnover Chart

Neo Telemedia Annual Data

Trend

Jun13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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354.90

149.58

108.07

212.35

362.46

Neo Telemedia Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															58.09	364.10	346.84	442.90	397.23

Neo Telemedia Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	472.289	/ (	(2.276	+	0.33)	/	2 )
=	472.289	/	1.303
=	362.46

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

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	101.293	/ (	(0.255	+	0)	/	1 )
=	101.293	/	0.255
=	397.23

Neo Telemedia (HKSE:08167) 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.

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

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0.255	/	101.293	*	365 / 4
	=	0.23

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 quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	0.255	/	99.124
	=	0.00

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.

Neo Telemedia Inventory Turnover Related Terms

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Neo Telemedia (HKSE:08167) Business Description

Industry

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

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.

Executives

Lie Haiquan	2101 Beneficial owner
Yan Wai Ping	2101 Beneficial owner

Neo Telemedia (HKSE:08167) Headlines

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