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Newtech Co (TSE:6734) Days Inventory : 0.00 (As of Feb. 2025)


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What is Newtech Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Newtech Co's Average Total Inventories for the three months ended in Feb. 2025 was 円386 Mil. Newtech Co's Cost of Goods Sold for the three months ended in Feb. 2025 was 円0 Mil.

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

TSE:6734' s Days Inventory Range Over the Past 10 Years
Min: 33.71   Med: 43.52   Max: 51.53
Current: 50.44

During the past 13 years, Newtech Co's highest Days Inventory was 51.53. The lowest was 33.71. And the median was 43.52.

TSE:6734's Days Inventory is ranked better than
80.99% of 2373 companies
in the Hardware industry
Industry Median: 97.51 vs TSE:6734: 50.44

Newtech Co's Days Inventory declined from Nov. 2023 (66.69) to Feb. 2025 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Newtech Co's Inventory Turnover for the three months ended in Feb. 2025 was 0.00.

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.


Newtech Co Days Inventory Historical Data

The historical data trend for Newtech Co'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.

Newtech Co Days Inventory Chart

Newtech Co Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.21 51.53 43.74 43.30 39.98

Newtech Co Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25
Days Inventory 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 66.69 41.90 79.68 36.48 -

Competitive Comparison of Newtech Co's Days Inventory

For the Computer Hardware subindustry, Newtech Co'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.


Newtech Co's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Newtech Co's Days Inventory distribution charts can be found below:

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


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Newtech Co Days Inventory Calculation

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

Newtech Co's Days Inventory for the fiscal year that ended in Feb. 2025 is calculated as

Days Inventory (A: Feb. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2024 ) + Total Inventories (A: Feb. 2025 )) / count ) / Cost of Goods Sold (A: Feb. 2025 )*Days in Period
=( (345.692 + 419.099) / 2 ) / 3490.783*365
=382.3955 / 3490.783*365
=39.98

Newtech Co's Days Inventory for the quarter that ended in Feb. 2025 is calculated as:

Days Inventory (Q: Feb. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2024 ) + Total Inventories (Q: Feb. 2025 )) / count ) / Cost of Goods Sold (Q: Feb. 2025 )*Days in Period
=( (352.744 + 419.099) / 2 ) / 0*365 / 4
=385.9215 / 0*365 / 4
=N/A

* 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.


Newtech Co  (TSE:6734) 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.

Newtech Co's Inventory Turnover for the three months ended in Feb. 2025 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.

Newtech Co's Inventory to Revenue for the three months ended in Feb. 2025 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.


Newtech Co Days Inventory Related Terms

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


Newtech Co Business Description

Traded in Other Exchanges
N/A
Address
KDX building Hamamatsu-cho, Hamamatsu-cho 2-chome, 7-19, Minato-ku, Tokyo, JPN, 105-0013
Newtech Co Ltd is engaged in the development, manufacturing, sales, and support of storage main units and peripheral devices connected to servers. The products of the company include Thunderbolt RAID, SAS RAID, FC RAID, iSCSI RAID, and Infiniband.

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