Kinh Bac City Development Holding (STC:KBC) Days Inventory : 14,487.68 (As of Mar. 2024)

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What is Kinh Bac City Development Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kinh Bac City Development Holding's Average Total Inventories for the three months ended in Mar. 2024 was ₫12,451,850 Mil. Kinh Bac City Development Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫78,427 Mil. Hence, Kinh Bac City Development Holding's Days Inventory for the three months ended in Mar. 2024 was 14,487.68.

The historical rank and industry rank for Kinh Bac City Development Holding's Days Inventory or its related term are showing as below:

STC:KBC' s Days Inventory Range Over the Past 10 Years
Min: 2160.91 Med: 3202.67 Max: 6357.49
Current: 3707.15

During the past 13 years, Kinh Bac City Development Holding's highest Days Inventory was 6357.49. The lowest was 2160.91. And the median was 3202.67.

STC:KBC's Days Inventory is ranked worse than
89.15% of 1327 companies
in the Real Estate industry
Industry Median: 699.45 vs STC:KBC: 3707.15

Kinh Bac City Development Holding's Days Inventory increased from Mar. 2023 (1,679.53) to Mar. 2024 (14,487.68). It might indicate that Kinh Bac City Development Holding's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kinh Bac City Development Holding's Inventory Turnover for the three months ended in Mar. 2024 was 0.01.

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. Kinh Bac City Development Holding's Inventory-to-Revenue for the three months ended in Mar. 2024 was 81.74.

Kinh Bac City Development Holding Days Inventory Historical Data

The historical data trend for Kinh Bac City Development Holding'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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Kinh Bac City Development Holding Days Inventory Chart

Kinh Bac City Development Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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2,160.91

2,382.05

2,364.55

6,357.49

2,329.70

Kinh Bac City Development Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															1,679.53	1,975.13	8,085.37	2,569.51	14,487.68

Competitive Comparison of Kinh Bac City Development Holding's Days Inventory

For the Real Estate Services subindustry, Kinh Bac City Development Holding'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.

Kinh Bac City Development Holding's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kinh Bac City Development Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kinh Bac City Development Holding's Days Inventory falls into.

Kinh Bac City Development Holding Days Inventory Calculation

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

Kinh Bac City Development Holding'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
=	( (12330243.271	+	12218764.106)	/	2 )	/	1923081.057	*	365
=	12274503.6885					/	1923081.057	*	365
=	2,329.70

Kinh Bac City Development Holding's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (12218764.106	+	12684935.59)	/	2 )	/	78427.422	*	365 / 4
=	12451849.848					/	78427.422	*	365 / 4
=	14,487.68

Kinh Bac City Development Holding (STC:KBC) 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.

Kinh Bac City Development Holding's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	78427.422	/	12451849.848
	=	0.01

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.

Kinh Bac City Development Holding's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12451849.848	/	152333.632
	=	81.74

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.

Kinh Bac City Development Holding Days Inventory Related Terms

Thank you for viewing the detailed overview of Kinh Bac City Development Holding's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Kinh Bac City Development Holding (STC:KBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Kinh Bac City Development Holding Corp (STC:KBC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot B7, Que Vo Industrial Park, Phuong Lieu Commune, Que Vo District, Bac Ninh Province, Hanoi, VNM

Website

https://www.kinhbaccity.vn

Kinh Bac City Development Holding Corp is a real estate company. It is engaged in the investment, construction, development, and management of infrastructure projects such as industrial parks, offices, trade centers, hotels, and finance and other projects. The company generates revenue in the form of land lease, leasing and sales of premises, warehousing, clean water supply, electricity, wastewater treatment, non-service, and transferring real estate. The company operates only in Vietnam.

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