EBODF (New Energy Exchange) Days Inventory: 994.30 (As of Jun. 2012)


What is New Energy Exchange Days Inventory?

New Energy Exchange EBODF Days Inventory is 994.30 as of Jun. 2012.

Days Inventory is also known as Days Sales of Inventory (DSI). New Energy Exchange's Average Total Inventories for the six months ended in Jun. 2012 was $10.47 Mil. New Energy Exchange's Cost of Goods Sold for the six months ended in Jun. 2012 was $1.92 Mil. Hence, New Energy Exchange's Days Inventory for the six months ended in Jun. 2012 was 994.30.

The historical rank and industry rank for New Energy Exchange's Days Inventory or its related term are showing as below:

EBODF's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 111.84
* Ranked among companies with meaningful Days Inventory only.

New Energy Exchange's Days Inventory increased from Jun. 2011 (283.43) to Jun. 2012 (994.30). It might indicate that New Energy Exchange's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. New Energy Exchange's Inventory Turnover for the six months ended in Jun. 2012 was 0.18.

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. New Energy Exchange's Inventory-to-Revenue for the six months ended in Jun. 2012 was 6.19.

New Energy Exchange  (OTCPK:EBODF) 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.

New Energy Exchange's Inventory Turnover for the six months ended in Jun. 2012 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1.922 / 10.4715
=0.18

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.

New Energy Exchange's Inventory to Revenue for the six months ended in Jun. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=10.4715 / 1.693
=6.19

* 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.

New Energy Exchange Days Inventory Related Terms

New Energy Exchange Days Inventory Historical Data

* Premium members only.

The historical data trend for New Energy Exchange'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.

New Energy Exchange Days Inventory Chart

New Energy Exchange Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.60 6,205.00 0.00 28.86 331.67

New Energy Exchange Semi-Annual Data
Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12
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 0.00 14.36 283.43 209.95 994.30

EBODF vs YGEHY, BSRC: Days Inventory Comparison

For the Solar subindustry, New Energy Exchange'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.

New Energy Exchange Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, New Energy Exchange's Days Inventory distribution charts can be found below:

* The bar in red indicates where New Energy Exchange's Days Inventory falls into.


New Energy Exchange Days Inventory Calculation

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

New Energy Exchange's Days Inventory for the fiscal year that ended in Dec. 2011 is calculated as

Days Inventory (A: Dec. 2011 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2010 ) + Total Inventories (A: Dec. 2011 )) / count ) / Cost of Goods Sold (A: Dec. 2011 )*Days in Period
=( (1.03 + 18.85) / 2 ) / 10.939*365
=9.94 / 10.939*365
=331.67

New Energy Exchange's Days Inventory for the quarter that ended in Jun. 2012 is calculated as:

Days Inventory (Q: Jun. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2011 ) + Total Inventories (Q: Jun. 2012 )) / count ) / Cost of Goods Sold (Q: Jun. 2012 )*Days in Period
=( (18.85 + 2.093) / 2 ) / 1.922*365 / 2
=10.4715 / 1.922*365 / 2
=994.30

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 994.30 mean?
New Energy Exchange (EBODF) has a Days Inventory of 994.30 as of Jun. 2012. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on New Energy Exchange and its competitors.
Is New Energy Exchange's Days Inventory too high?
New Energy Exchange's current Days Inventory is 994.30. The Semiconductors industry median Days Inventory is 111.84. New Energy Exchange's value of 994.30 is 789% above this industry median.
How does New Energy Exchange's Days Inventory compare to YGEHY and BSRC?
New Energy Exchange's Days Inventory of 994.30 can be compared against companies in the Semiconductors industry. The industry median Days Inventory is 111.84. New Energy Exchange's value of 994.30 is 789% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Semiconductors company?
The median Days Inventory among Semiconductors companies is 111.84, based on 983 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Energy Exchange's current Days Inventory of 994.30 is 789% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on New Energy Exchange and its competitors. For the Semiconductors industry, the median Days Inventory is 111.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Energy Exchange's current Days Inventory is 994.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Energy Exchange stock overvalued right now?
New Energy Exchange (EBODF) has a current Days Inventory of 994.30. The current Days Inventory is 994.30 and 789% above the Semiconductors industry median of 111.84. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For New Energy Exchange (EBODF), the current Days Inventory is 994.30 as of Jun. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Energy Exchange Business Description

Address Unit 1407, 14 Floor West Tower Shun Tak Centre, 168-200 Connaught Road Central, Hong Kong, HKG
New Energy Exchange Ltd is a renewable energy company. It is a service provider focusing on the new ecology of energy Internet and provides integrated solutions based on blockchain technologies. The company has three business division: Blockchain technology application; New energy and Internet+.