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Northeast Electrical Development Co (HKSE:00042) Days Inventory : 0.00 (As of Dec. 2023)


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What is Northeast Electrical Development Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Northeast Electrical Development Co's Average Total Inventories for the three months ended in Dec. 2023 was HK$22.8 Mil. Northeast Electrical Development Co's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$0.0 Mil.

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

During the past 13 years, Northeast Electrical Development Co's highest Days Inventory was 152.90. The lowest was 81.57. And the median was 108.49.

HKSE:00042's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 33.92
* Ranked among companies with meaningful Days Inventory only.

Northeast Electrical Development Co's Days Inventory declined from Mar. 2022 (132.42) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Northeast Electrical Development Co's Inventory Turnover for the three months ended in Dec. 2023 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.


Northeast Electrical Development Co Days Inventory Historical Data

The historical data trend for Northeast Electrical Development 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.

Northeast Electrical Development Co Days Inventory Chart

Northeast Electrical Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.69 114.90 111.58 95.38 127.41

Northeast Electrical Development Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Dec23
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 132.42 95.91 - - -

Competitive Comparison of Northeast Electrical Development Co's Days Inventory

For the Lodging subindustry, Northeast Electrical Development 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.


Northeast Electrical Development Co's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Northeast Electrical Development Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Northeast Electrical Development Co's Days Inventory falls into.



Northeast Electrical Development Co Days Inventory Calculation

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

Northeast Electrical Development Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (22.029 + 23.173) / 2 ) / 64.747*365
=22.601 / 64.747*365
=127.41

Northeast Electrical Development Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (22.348 + 23.173) / 2 ) / 0*365 / 4
=22.7605 / 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.


Northeast Electrical Development Co  (HKSE:00042) 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.

Northeast Electrical Development Co's Inventory Turnover for the three months ended in Dec. 2023 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.

Northeast Electrical Development Co's Inventory to Revenue for the three months ended in Dec. 2023 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.


Northeast Electrical Development Co Days Inventory Related Terms

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


Northeast Electrical Development Co (HKSE:00042) Business Description

Traded in Other Exchanges
Address
No.7 Guoxing Road, Meilan District, 22nd Floor, HNA Plaza, Hainan Province, Haikou, CHN, 570203
Northeast Electrical Development Co Ltd is mainly engaged in the R&D, design, production and sales businesses of products related to power transmission and transformation equipment as well as hotel catering and accommodation services. The products offered by the company include enclosed busbars which are applied to the power system field and are used to enhance transmission capacity of power transmission lines and support transmission of the high-power electric energy.
Executives
Ci Hang Dong Xi Fang Wen Jiao Jiao Liu Ji Jin Hui You Xian Gong Si 2201 Interest of corporation controlled by you

Northeast Electrical Development Co (HKSE:00042) Headlines

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