Nexion Technologies (HKSE:08420) Days Inventory : 3,713.29 (As of Dec. 2023)

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What is Nexion Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nexion Technologies's Average Total Inventories for the three months ended in Dec. 2023 was HK$2.52 Mil. Nexion Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was HK$0.06 Mil. Hence, Nexion Technologies's Days Inventory for the three months ended in Dec. 2023 was 3,713.29.

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

HKSE:08420' s Days Inventory Range Over the Past 10 Years
Min: 0.05 Med: 10.27 Max: 178.94
Current: 178.94

During the past 10 years, Nexion Technologies's highest Days Inventory was 178.94. The lowest was 0.05. And the median was 10.27.

HKSE:08420's Days Inventory is ranked worse than
89.37% of 1561 companies
in the Software industry
Industry Median: 18.99 vs HKSE:08420: 178.94

Nexion Technologies's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (3,713.29). It might indicate that Nexion Technologies's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nexion Technologies's Inventory Turnover for the three months ended in Dec. 2023 was 0.02.

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.

Nexion Technologies Days Inventory Historical Data

The historical data trend for Nexion Technologies'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.

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Nexion Technologies Days Inventory Chart

Nexion Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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29.78

0.05

2.73

10.01

89.47

Nexion Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	15.11	214.40	279.50	3,713.29

Competitive Comparison of Nexion Technologies's Days Inventory

For the Software - Infrastructure subindustry, Nexion Technologies'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.

Nexion Technologies's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Nexion Technologies's Days Inventory falls into.

Nexion Technologies Days Inventory Calculation

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

Nexion Technologies'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
=	( (0.234	+	2.523)	/	2 )	/	5.624	*	365
=	1.3785					/	5.624	*	365
=	89.47

Nexion Technologies'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	2.523)	/	1 )	/	0.062	*	365 / 4
=	2.523					/	0.062	*	365 / 4
=	3,713.29

Nexion Technologies (HKSE:08420) 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.

Nexion Technologies's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.062	/	2.523
	=	0.02

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.

Nexion Technologies's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.523	/	0
	=

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.

Nexion Technologies Days Inventory Related Terms

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

Nexion Technologies (HKSE:08420) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nexion Technologies Ltd (HKSE:08420) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Howard Road, Unit No. 10-03, Novelty BizCentre, Singapore, SGP, 369585

Website

http://www.nexion.com.hk

Nexion Technologies Ltd is an investment holding company. It is engaged in the provision of cyber infrastructure solutions services, provision of cyber security solutions services, and software-as-a-service. The group has three segments: Cyber infrastructure solutions, including maintenance and support service income; Cyber security solutions; and SaaS. The group has a business presence in Hong Kong, Singapore, Malaysia, the PRC and other countries, of which key revenue is generated from Vietnam.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Alpha Sense Investments Limited	2101 Beneficial owner
Foo Moo Teng	2101 Beneficial owner
Xox (hong Kong) Limited	2101 Beneficial owner
Xox Bhd.	2201 Interest of corporation controlled by you
Lazarus Securities Pty Ltd	2106 Person having a security interest in shares

Nexion Technologies (HKSE:08420) Headlines

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