NTAC (New Technology Acquisition Holdings) Days Inventory: 395.42 (As of Dec. 2017)


What is New Technology Acquisition Holdings Days Inventory?

New Technology Acquisition Holdings NTAC Days Inventory is 395.42 as of Dec. 2017.

Days Inventory is also known as Days Sales of Inventory (DSI). New Technology Acquisition Holdings's Average Total Inventories for the three months ended in Dec. 2017 was $0.01 Mil. New Technology Acquisition Holdings's Cost of Goods Sold for the three months ended in Dec. 2017 was $0.00 Mil. Hence, New Technology Acquisition Holdings's Days Inventory for the three months ended in Dec. 2017 was 395.42.

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

NTAC's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 25.15
* Ranked among companies with meaningful Days Inventory only.

New Technology Acquisition Holdings's Days Inventory increased from Dec. 2016 (0.00) to Dec. 2017 (395.42). It might indicate that New Technology Acquisition Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. New Technology Acquisition Holdings's Inventory Turnover for the three months ended in Dec. 2017 was 0.23.

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 Technology Acquisition Holdings's Inventory-to-Revenue for the three months ended in Dec. 2017 was 0.59.

New Technology Acquisition Holdings  (OTCPK:NTAC) 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 Technology Acquisition Holdings's Inventory Turnover for the three months ended in Dec. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.003 / 0.013
=0.23

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 Technology Acquisition Holdings's Inventory to Revenue for the three months ended in Dec. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.013 / 0.022
=0.59

* 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 Technology Acquisition Holdings Days Inventory Related Terms

New Technology Acquisition Holdings Days Inventory Historical Data

* Premium members only.

The historical data trend for New Technology Acquisition 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.

New Technology Acquisition Holdings Days Inventory Chart

New Technology Acquisition Holdings Annual Data
Trend Sep00 Sep01 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Days Inventory
Get a 7-Day Free Trial 0.00 0.00 1,095.00 1,095.00 199.09

New Technology Acquisition Holdings Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 0.00 342.19 285.16 250.94 395.42

NTAC vs BSRC, YGEHY, SUNW: Days Inventory Comparison

For the Specialty Business Services subindustry, New Technology Acquisition 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.

New Technology Acquisition Holdings Days Inventory vs Business Services Industry

For the Business Services industry and Industrials sector, New Technology Acquisition Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where New Technology Acquisition Holdings's Days Inventory falls into.


New Technology Acquisition Holdings Days Inventory Calculation

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

New Technology Acquisition Holdings's Days Inventory for the fiscal year that ended in Sep. 2017 is calculated as

Days Inventory (A: Sep. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2016 ) + Total Inventories (A: Sep. 2017 )) / count ) / Cost of Goods Sold (A: Sep. 2017 )*Days in Period
=( (0.003 + 0.009) / 2 ) / 0.011*365
=0.006 / 0.011*365
=199.09

New Technology Acquisition Holdings's Days Inventory for the quarter that ended in Dec. 2017 is calculated as:

Days Inventory (Q: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2017 ) + Total Inventories (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (0.009 + 0.017) / 2 ) / 0.003*365 / 4
=0.013 / 0.003*365 / 4
=395.42

* 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 395.42 mean?
New Technology Acquisition Holdings (NTAC) has a Days Inventory of 395.42 as of Dec. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on New Technology Acquisition Holdings and its competitors.
Is New Technology Acquisition Holdings' Days Inventory too high?
New Technology Acquisition Holdings' current Days Inventory is 395.42. The Business Services industry median Days Inventory is 25.15. New Technology Acquisition Holdings' value of 395.42 is 1472.2% above this industry median.
How does New Technology Acquisition Holdings' Days Inventory compare to BSRC and YGEHY?
New Technology Acquisition Holdings' Days Inventory of 395.42 can be compared against companies in the Business Services industry. The industry median Days Inventory is 25.15. New Technology Acquisition Holdings' value of 395.42 is 1472.2% 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 Business Services company?
The median Days Inventory among Business Services companies is 25.15, based on 676 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 Technology Acquisition Holdings's current Days Inventory of 395.42 is 1472.2% 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 Technology Acquisition Holdings and its competitors. For the Business Services industry, the median Days Inventory is 25.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Technology Acquisition Holdings's current Days Inventory is 395.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Technology Acquisition Holdings stock overvalued right now?
New Technology Acquisition Holdings (NTAC) has a current Days Inventory of 395.42. The current Days Inventory is 395.42 and 1472.2% above the Business Services industry median of 25.15. 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 Technology Acquisition Holdings (NTAC), the current Days Inventory is 395.42 as of Dec. 2017. 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 Technology Acquisition Holdings Business Description

Address 5830 E 2nd Street, Suite 7000, No. 4553, Casper, WY, USA, 82609
New Technology Acquisition Holdings has business investment interests in disruptive new technologies and patents, applications, and projects. Research and Development with the aim of commercialization of Intellectual property and development of new products or services, treatments, or other valuable outputs.