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Petrovietnam General Services (STC:PET) Days Inventory : 40.71 (As of Dec. 2023)


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What is Petrovietnam General Services Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Petrovietnam General Services's Average Total Inventories for the three months ended in Dec. 2023 was ₫1,777,279 Mil. Petrovietnam General Services's Cost of Goods Sold for the three months ended in Dec. 2023 was ₫3,983,915 Mil. Hence, Petrovietnam General Services's Days Inventory for the three months ended in Dec. 2023 was 40.71.

The historical rank and industry rank for Petrovietnam General Services's Days Inventory or its related term are showing as below:

STC:PET' s Days Inventory Range Over the Past 10 Years
Min: 24.44   Med: 41.94   Max: 57.9
Current: 42.56

During the past 13 years, Petrovietnam General Services's highest Days Inventory was 57.90. The lowest was 24.44. And the median was 41.94.

STC:PET's Days Inventory is ranked worse than
61.18% of 729 companies
in the Oil & Gas industry
Industry Median: 31.29 vs STC:PET: 42.56

Petrovietnam General Services's Days Inventory declined from Dec. 2022 (48.12) to Dec. 2023 (40.71).

Inventory Turnover measures how fast the company turns over its inventory within a year. Petrovietnam General Services's Inventory Turnover for the three months ended in Dec. 2023 was 2.24.

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. Petrovietnam General Services's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.42.


Petrovietnam General Services Days Inventory Historical Data

The historical data trend for Petrovietnam General Services'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.

Petrovietnam General Services Days Inventory Chart

Petrovietnam General Services 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 41.31 27.20 24.44 42.56 47.81

Petrovietnam General Services 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 48.12 51.35 37.97 35.08 40.71

Competitive Comparison of Petrovietnam General Services's Days Inventory

For the Oil & Gas Refining & Marketing subindustry, Petrovietnam General Services'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.


Petrovietnam General Services's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petrovietnam General Services's Days Inventory distribution charts can be found below:

* The bar in red indicates where Petrovietnam General Services's Days Inventory falls into.



Petrovietnam General Services Days Inventory Calculation

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

Petrovietnam General Services'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
=( (2418587.093 + 1902357.061) / 2 ) / 16495454.81*365
=2160472.077 / 16495454.81*365
=47.81

Petrovietnam General Services'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
=( (1652201.1 + 1902357.061) / 2 ) / 3983914.905*365 / 4
=1777279.0805 / 3983914.905*365 / 4
=40.71

* 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.


Petrovietnam General Services  (STC:PET) 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.

Petrovietnam General Services'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.

Petrovietnam General Services's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1777279.0805 / 4191622.125
=0.42

* 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.


Petrovietnam General Services Days Inventory Related Terms

Thank you for viewing the detailed overview of Petrovietnam General Services's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Petrovietnam General Services (STC:PET) Business Description

Traded in Other Exchanges
N/A
Address
No 1-5 Le Duan Street 06 Floor, PetroVietNam Building Ben, Nghe District, Ho Chi Minh City, VNM
Petrovietnam General Services Corp is engaged in the distribution of telecom, IT and electronic products, household goods, polypropylene plastic particle, polyester, and LPG. The company is also involved in catering services, supply chain services which include the supply of oilfield materials and equipment, heavy cargo transportation and lifting services, and logistics services, and property services focusing on real estate management, hotel service, and real estate development and investment.