Using Quicken.com's ability to compare companies, I compared SLR and NTAI. Solectron-SLR is a Wall Street favorite.
Of note: SLR Inventory Turns: ~5 NTAI Inventory Turns: ~15.
Koo certainly seems justified in increasing inventory on hand as stated in NTAI's recent PR available in News.
Due to NTAI's few years of poor and sporadic performance, NTAI certainly deserves a discount, but look to SLR's P/E, P/S, P/B, P/CF and note that NTAI is somewhat or vastly undervalued. I don't have a rigorous price target but if NTAI gets to 30, I'll probably put a stop loss in at 25 and hope the market goes wild and try and sell out at 55 - 60.
If NTAI can just start delivering great numbers consistently, owners of NTAI should make a killing in the next 1 - 3 years.
Thanks for pointing out the inventory turns. I'm new to NTAI, but so far, I like what I see, especially that we're able to close at the high for the day. The advance and consolidation looks solid. Wouldn't be surprised if we resume higher sometime next week. From what I've picked up, it appears they went through something of a reorganization and now appear poised to resume their growth. Nice balance sheet too.
P.S. - I wonder if they can sustain 15 turns/yr. It may have had something to do with the reorg.