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NeoMagic (NeoMagic) Days Inventory : 83.52 (As of Oct. 2010)


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What is NeoMagic Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NeoMagic's Average Total Inventories for the three months ended in Oct. 2010 was $0.11 Mil. NeoMagic's Cost of Goods Sold for the three months ended in Oct. 2010 was $0.12 Mil. Hence, NeoMagic's Days Inventory for the three months ended in Oct. 2010 was 83.52.

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

NMGC's Days Inventory is not ranked *
in the Semiconductors industry.
Industry Median: 130.195
* Ranked among companies with meaningful Days Inventory only.

NeoMagic's Days Inventory increased from Oct. 2009 (22.03) to Oct. 2010 (83.52). It might indicate that NeoMagic's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. NeoMagic's Inventory Turnover for the three months ended in Oct. 2010 was 1.09.

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. NeoMagic's Inventory-to-Revenue for the three months ended in Oct. 2010 was 0.39.


NeoMagic Days Inventory Historical Data

The historical data trend for NeoMagic'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.

NeoMagic Days Inventory Chart

NeoMagic Annual Data
Trend Jan00 Jan01 Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jan08 Jan09
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.30 26.66 431.52 523.95 146.35

NeoMagic Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10
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 22.03 60.61 74.44 86.52 83.52

Competitive Comparison of NeoMagic's Days Inventory

For the Semiconductors subindustry, NeoMagic'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.


NeoMagic's Days Inventory Distribution in the Semiconductors Industry

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

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



NeoMagic Days Inventory Calculation

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

NeoMagic's Days Inventory for the fiscal year that ended in Jan. 2009 is calculated as

Days Inventory (A: Jan. 2009 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2008 ) + Total Inventories (A: Jan. 2009 )) / count ) / Cost of Goods Sold (A: Jan. 2009 )*Days in Period
=( (3.715 + 0.098) / 2 ) / 4.755*365
=1.9065 / 4.755*365
=146.35

NeoMagic's Days Inventory for the quarter that ended in Oct. 2010 is calculated as:

Days Inventory (Q: Oct. 2010 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2010 ) + Total Inventories (Q: Oct. 2010 )) / count ) / Cost of Goods Sold (Q: Oct. 2010 )*Days in Period
=( (0.125 + 0.091) / 2 ) / 0.118*365 / 4
=0.108 / 0.118*365 / 4
=83.52

* 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.


NeoMagic  (OTCPK:NMGC) 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.

NeoMagic's Inventory Turnover for the three months ended in Oct. 2010 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.

NeoMagic's Inventory to Revenue for the three months ended in Oct. 2010 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.


NeoMagic Days Inventory Related Terms

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


NeoMagic (NeoMagic) Business Description

Traded in Other Exchanges
N/A
Address
830 Hillview Court, Suite 138, Milpitas, CA, USA, 95035
NeoMagic Corp designs and delivers consumer electronic device solutions with semiconductors and software for video, television, imaging, graphics, and audio. The products are offered under the MiMagic name.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Steve Valenzuela director 1800 GREEN HILLS ROAD, SCOTTS VALLEY CA 95066
Brett Moyer director C/O FOCUS ENHANCEMENTS INC, 1370 DELL AVE, CAMPBELL CA 95008
Stephen Lanza officer: VP Operations & Finance, CFO 4650 CUSHING PARKWAY, FREMONT CA 94538