Petrolimex Information Technology and Telecommunication JSC (HSTC:PIA) Inventory Turnover : 0.00 (As of . 20)

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What is Petrolimex Information Technology and Telecommunication JSC Inventory Turnover?

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. Petrolimex Information Technology and Telecommunication JSC's Cost of Goods Sold for the six months ended in . 20 was ₫0.00 Mil. Petrolimex Information Technology and Telecommunication JSC's Average Total Inventories for the quarter that ended in . 20 was ₫0.00 Mil.

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

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.

Petrolimex Information Technology and Telecommunication JSC Inventory Turnover Historical Data

The historical data trend for Petrolimex Information Technology and Telecommunication JSC'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.

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Petrolimex Information Technology and Telecommunication JSC Inventory Turnover Chart

Petrolimex Information Technology and Telecommunication JSC Annual Data

Trend

Inventory Turnover

Petrolimex Information Technology and Telecommunication JSC Semi-Annual Data

Inventory Turnover

Petrolimex Information Technology and Telecommunication JSC Inventory Turnover Calculation

Petrolimex Information Technology and Telecommunication JSC's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Petrolimex Information Technology and Telecommunication JSC's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Petrolimex Information Technology and Telecommunication JSC (HSTC:PIA) 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.

Petrolimex Information Technology and Telecommunication JSC's Days Inventory for the six months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	0	/		*	365 / 2
	=

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.

Petrolimex Information Technology and Telecommunication JSC's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	0	/
	=

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.

Petrolimex Information Technology and Telecommunication JSC Inventory Turnover Related Terms

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Petrolimex Information Technology and Telecommunication JSC (HSTC:PIA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Petrolimex Information Technology and Telecommunication JSC (HSTC:PIA) » Definitions » Inventory Turnover

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Address

No. 01 Kham Thien Street, Kham Thien Ward, Dong Da District, Ha Noi, VNM

Website

http://www.piacom.petrolimex.com.vn

Petrolimex Information Technology and Telecommunication JSC is engaged in the activities of automation, ERP services, software solutions, and IT hardware and services.

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