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Ngen Technologies Holdings (Ngen Technologies Holdings) Days Inventory : 11.31 (As of Sep. 2019)


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What is Ngen Technologies Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ngen Technologies Holdings's Average Total Inventories for the three months ended in Sep. 2019 was $5.93 Mil. Ngen Technologies Holdings's Cost of Goods Sold for the three months ended in Sep. 2019 was $47.85 Mil. Hence, Ngen Technologies Holdings's Days Inventory for the three months ended in Sep. 2019 was 11.31.

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

NGRP's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 102.45
* Ranked among companies with meaningful Days Inventory only.

Ngen Technologies Holdings's Days Inventory increased from Sep. 2018 (0.00) to Sep. 2019 (11.31). It might indicate that Ngen Technologies Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ngen Technologies Holdings's Inventory Turnover for the three months ended in Sep. 2019 was 8.07.

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. Ngen Technologies Holdings's Inventory-to-Revenue for the three months ended in Sep. 2019 was 0.11.


Ngen Technologies Holdings Days Inventory Historical Data

The historical data trend for Ngen Technologies Holdings'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.

Ngen Technologies Holdings Days Inventory Chart

Ngen Technologies Holdings Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Days Inventory
Get a 7-Day Free Trial Premium Member Only - 624.34 - - -

Ngen Technologies Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 - - - - 11.31

Competitive Comparison of Ngen Technologies Holdings's Days Inventory

For the Electronic Components subindustry, Ngen Technologies Holdings'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.


Ngen Technologies Holdings's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ngen Technologies Holdings's Days Inventory distribution charts can be found below:

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



Ngen Technologies Holdings Days Inventory Calculation

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

Ngen Technologies Holdings's Days Inventory for the fiscal year that ended in Sep. 2018 is calculated as

Days Inventory (A: Sep. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2017 ) + Total Inventories (A: Sep. 2018 )) / count ) / Cost of Goods Sold (A: Sep. 2018 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Ngen Technologies Holdings's Days Inventory for the quarter that ended in Sep. 2019 is calculated as:

Days Inventory (Q: Sep. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (0 + 5.93) / 1 ) / 47.85*365 / 4
=5.93 / 47.85*365 / 4
=11.31

* 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.


Ngen Technologies Holdings  (GREY:NGRP) 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.

Ngen Technologies Holdings's Inventory Turnover for the three months ended in Sep. 2019 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.

Ngen Technologies Holdings's Inventory to Revenue for the three months ended in Sep. 2019 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.


Ngen Technologies Holdings Days Inventory Related Terms

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


Ngen Technologies Holdings (Ngen Technologies Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5430 Lyndon B Johnson Freeway, Suite 1200, Dallas, TX, USA, 75240
Ngen Technologies Holdings Corp is engaged in the business of research, design, and manufacturing of proprietary 3D mobile display modules for smartphones and other telecom OEMs.
Executives
Richard James Lund 10 percent owner 6192 N. 28TH PLACE PHOENIX AZ 85016
Robin Ann Lund 10 percent owner 6192 N. 28TH PLACE PHOENIX AZ 85016

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