Hello Ramana,
The latency should be 4 cycles. I've been looking into a similar problem and it appears as though the scheduler description is broken with some of my earlier Neon scheduler changes. I am looking at a fix for that and will send it out once I have fixed it but it won't be until early next week since I'm travelling this week.
Thanks for your reply! I'll try your fix once it will be ready then.
Revital