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F.I.T Group JSC (STC:FIT) Days Inventory : 90.24 (As of Dec. 2023)


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What is F.I.T Group JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). F.I.T Group JSC's Average Total Inventories for the three months ended in Dec. 2023 was ₫436,903 Mil. F.I.T Group JSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₫441,782 Mil. Hence, F.I.T Group JSC's Days Inventory for the three months ended in Dec. 2023 was 90.24.

The historical rank and industry rank for F.I.T Group JSC's Days Inventory or its related term are showing as below:

STC:FIT' s Days Inventory Range Over the Past 10 Years
Min: 58.98   Med: 103.88   Max: 138.67
Current: 109.24

During the past 13 years, F.I.T Group JSC's highest Days Inventory was 138.67. The lowest was 58.98. And the median was 103.88.

STC:FIT's Days Inventory is ranked worse than
60.61% of 165 companies
in the Asset Management industry
Industry Median: 75.96 vs STC:FIT: 109.24

F.I.T Group JSC's Days Inventory declined from Dec. 2022 (104.13) to Dec. 2023 (90.24).

Inventory Turnover measures how fast the company turns over its inventory within a year. F.I.T Group JSC's Inventory Turnover for the three months ended in Dec. 2023 was 1.01.

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. F.I.T Group JSC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.77.


F.I.T Group JSC Days Inventory Historical Data

The historical data trend for F.I.T Group JSC'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.

* Premium members only.

F.I.T Group JSC Days Inventory Chart

F.I.T Group JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.06 106.75 128.42 94.59 106.14

F.I.T Group JSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.13 127.33 122.85 109.93 90.24

Competitive Comparison of F.I.T Group JSC's Days Inventory

For the Asset Management subindustry, F.I.T Group JSC'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.


F.I.T Group JSC's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, F.I.T Group JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where F.I.T Group JSC's Days Inventory falls into.



F.I.T Group JSC Days Inventory Calculation

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

F.I.T Group JSC'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
=( (385691.963 + 427044.679) / 2 ) / 1397449.111*365
=406368.321 / 1397449.111*365
=106.14

F.I.T Group JSC'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (446762.219 + 427044.679) / 2 ) / 441782.054*365 / 4
=436903.449 / 441782.054*365 / 4
=90.24

* 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.


F.I.T Group JSC  (STC:FIT) 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.

F.I.T Group JSC's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

F.I.T Group JSC's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=436903.449 / 564931.178
=0.77

* 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.


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.


F.I.T Group JSC Days Inventory Related Terms

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F.I.T Group JSC (STC:FIT) Business Description

Traded in Other Exchanges
N/A
Address
No. 35 Le Van Luong, 5th Floor, Times Tower, HACC1 Complex, Thanh Xuan District, Hanoi, VNM
F.I.T Group JSC is a Vietnam based company operating in the investment advisory field and financial services. It offers advisory services such as capital mobilization and consultant service for the project, person and business; and M&A advisory service. In addition, the group is also engaged in providing real estate services, which includes appraising service, real estate repo service, management real estate service, mobilizing capital for real estate service, financial advisory service for real estate project including, rent, sell and purchase activities, and direct investment into real estate project. Through its subsidiaries, the group is also involved in the businesses of pharmaceutical, agriculture, FMCG and others.