New Times (HKSE:00166) Inventory Turnover: 49.71 (As of Dec. 2025)

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What is New Times Inventory Turnover?

New Times HKSE:00166 Inventory Turnover is 49.71 as of Dec. 2025. The stock has 2 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. New Times's Cost of Goods Sold for the six months ended in Dec. 2025 was HK$7,876 Mil. New Times's Average Total Inventories for the quarter that ended in Dec. 2025 was HK$158 Mil. New Times's Inventory Turnover for the quarter that ended in Dec. 2025 was 49.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New Times's Days Inventory for the six months ended in Dec. 2025 was 3.67.

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 Times's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.02.


New Times  (HKSE:00166) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

New Times's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=158.45/7876.1*365 / 2
=3.67

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 Times's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=158.45 / 7841.8
=0.02

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


New Times Inventory Turnover Related Terms


New Times Inventory Turnover Historical Data

* Premium members only.

The historical data trend for New Times's Inventory Turnover 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 Times Inventory Turnover Chart

New Times Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 303.48 263.40 245.44 79.47 87.39

New Times Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Inventory Turnover 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 79.60 20.20 25.22 44.47 49.71

New Times Inventory Turnover Calculation

New Times's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=15000.8 / ((173.4 + 169.9) / 2 )
=15000.8 / 171.65
=87.39

New Times's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=7876.1 / ((147 + 169.9) / 2 )
=7876.1 / 158.45
=49.71

* 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 Inventory Turnover →
What does a Inventory Turnover of 49.71 mean?
New Times (HKSE:00166) has a Inventory Turnover of 49.71 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on New Times and its competitors.
Is New Times' Inventory Turnover too high?
New Times' current Inventory Turnover is 49.71.
How does New Times' Inventory Turnover compare to competitors?
New Times' Inventory Turnover of 49.71 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Metals & Mining company?
A good Inventory Turnover depends on the Metals & Mining industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on New Times and its competitors. New Times's current Inventory Turnover is 49.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Times stock overvalued right now?
Based on GuruFocus' analysis, New Times (HKSE:00166) is currently considered Significantly Undervalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.03 — trading 40% below its estimated fair value. The current Inventory Turnover is 49.71. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For New Times (HKSE:00166), the current Inventory Turnover is 49.71 as of Dec. 2025. 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 Times Business Description

Address 18 Queen’s Road Central, Room 1402, 14th Floor, New World Tower I, Hong Kong, HKG
New Times Corp Ltd is an investment holding company. The company operates its business through two segments. The Energy upstream and industrial park development, and the Precious metals refinery and trading segment. The company generates maximum revenue from the Precious metals refinery and trading segment, which includes trading and refinery of precious metals in Hong Kong.. The Energy upstream and industrial park development segment is engaged in the exploration, exploitation and sale of oil and gas products in Western Canada and Argentina, as well as the development of a new energy industrial park with an ecosystem which is self-sustaining in Campbell River, Canada. Geographically, Hong Kong accounts for the majority of its revenue.