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Alpha Technology Group (Alpha Technology Group) Days Inventory : 0.00 (As of Sep. 2023)


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What is Alpha Technology Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alpha Technology Group's Average Total Inventories for the six months ended in Sep. 2023 was $0.00 Mil. Alpha Technology Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $0.29 Mil. Hence, Alpha Technology Group's Days Inventory for the six months ended in Sep. 2023 was 0.00.

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

ATGL's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.5
* Ranked among companies with meaningful Days Inventory only.

Alpha Technology Group's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Alpha Technology Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.

Alpha Technology Group Days Inventory Historical Data

The historical data trend for Alpha Technology Group'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.

Alpha Technology Group Days Inventory Chart

Alpha Technology Group Annual Data
Trend Sep21 Sep22 Sep23
Days Inventory
- - -

Alpha Technology Group Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Days Inventory - - - - -

Competitive Comparison of Alpha Technology Group's Days Inventory

For the Software - Infrastructure subindustry, Alpha Technology Group'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.

Alpha Technology Group's Days Inventory Distribution in the Software Industry

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

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


Alpha Technology Group Days Inventory Calculation

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

Alpha Technology Group's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.746*365
=0 / 0.746*365
=0.00

Alpha Technology Group'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: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.293*365 / 2
=0 / 0.293*365 / 2
=0.00

* 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.

Alpha Technology Group  (NAS:ATGL) 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.

Alpha Technology Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.293 / 0
=

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.

Alpha Technology Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0.402
=0.00

* 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.

Alpha Technology Group Days Inventory Related Terms

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

Alpha Technology Group (Alpha Technology Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Alpha Technology Group Ltd (NAS:ATGL) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
52 Hung To Road, Unit B, 12th floor, Kwun Tong, Kowloon, Hong Kong, HKG
Website
https://www.techlution.io
Alpha Technology Group Ltd operates through its subsidiaries, which are established cloud-based IT solution service providers in Hong Kong. Its Operating Subsidiaries utilize its analytic skills, programming skills, artificial intelligence technologies and technological know-how to provide comprehensive solutions designed to optimize the business performance of customers, meet various industry-specific operational challenges of customers and create new business opportunities for customers. The Operating Subsidiaries provide services for customers from a variety of industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, etc.

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