Newborn Town (HKSE:09911) Days Inventory : 3.84 (As of Dec. 2023)

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What is Newborn Town Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Newborn Town's Average Total Inventories for the six months ended in Dec. 2023 was HK$21 Mil. Newborn Town's Cost of Goods Sold for the six months ended in Dec. 2023 was HK$1,004 Mil. Hence, Newborn Town's Days Inventory for the six months ended in Dec. 2023 was 3.84.

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

HKSE:09911' s Days Inventory Range Over the Past 10 Years
Min: 4.44 Med: 4.44 Max: 4.44
Current: 4.44

During the past 8 years, Newborn Town's highest Days Inventory was 4.44. The lowest was 4.44. And the median was 4.44.

HKSE:09911's Days Inventory is ranked better than
72.77% of 1561 companies
in the Software industry
Industry Median: 19.5 vs HKSE:09911: 4.44

Newborn Town's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2023 (3.84). It might indicate that Newborn Town's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Newborn Town's Inventory Turnover for the six months ended in Dec. 2023 was 47.56.

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. Newborn Town's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.01.

Newborn Town Days Inventory Historical Data

The historical data trend for Newborn Town'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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Newborn Town Days Inventory Chart

Newborn Town Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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4.44

Newborn Town Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial									-	-	-	-	3.84

Competitive Comparison of Newborn Town's Days Inventory

For the Software - Application subindustry, Newborn Town'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.

Newborn Town's Days Inventory Distribution in the Software Industry

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

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

Newborn Town Days Inventory Calculation

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

Newborn Town'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	+	21.111)	/	1 )	/	1734.423	*	365
=	21.111					/	1734.423	*	365
=	4.44

Newborn Town'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	21.111)	/	1 )	/	1004.135	*	365 / 2
=	21.111					/	1004.135	*	365 / 2
=	3.84

Newborn Town (HKSE:09911) 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.

Newborn Town's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1004.135	/	21.111
	=	47.56

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.

Newborn Town's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	21.111	/	2114.538
	=	0.01

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.

Newborn Town Days Inventory Related Terms

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

Newborn Town (HKSE:09911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newborn Town Inc (HKSE:09911) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xiaoyun Road 33rd Building, 6th Floor, Tower B, Chaoyang District, Beijing, CHN

Website

https://www.newborntown.com

Newborn Town Inc is a mobile app developer and mobile advertising platform services provider based on AI technologies. The company operates through two segments namely, Social networking business and Innovative business. It generates majority revenue from Social networking business segment.

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