Da Nang Port JSC (HSTC:CDN) Days Inventory : 8.32 (As of Mar. 2024)

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What is Da Nang Port JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Da Nang Port JSC's Average Total Inventories for the three months ended in Mar. 2024 was ₫20,704 Mil. Da Nang Port JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫227,051 Mil. Hence, Da Nang Port JSC's Days Inventory for the three months ended in Mar. 2024 was 8.32.

The historical rank and industry rank for Da Nang Port JSC's Days Inventory or its related term are showing as below:

HSTC:CDN' s Days Inventory Range Over the Past 10 Years
Min: 6.9 Med: 10.14 Max: 11.14
Current: 9.8

During the past 6 years, Da Nang Port JSC's highest Days Inventory was 11.14. The lowest was 6.90. And the median was 10.14.

HSTC:CDN's Days Inventory is ranked better than
54.58% of 775 companies
in the Transportation industry
Industry Median: 11.42 vs HSTC:CDN: 9.80

Da Nang Port JSC's Days Inventory declined from Mar. 2023 (12.96) to Mar. 2024 (8.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. Da Nang Port JSC's Inventory Turnover for the three months ended in Mar. 2024 was 10.97.

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. Da Nang Port JSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.06.

Da Nang Port JSC Days Inventory Historical Data

The historical data trend for Da Nang Port 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.

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Da Nang Port JSC Days Inventory Chart

Da Nang Port JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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6.90

9.80

10.99

11.14

10.48

Da Nang Port JSC 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															12.96	10.68	10.20	10.24	8.32

Competitive Comparison of Da Nang Port JSC's Days Inventory

For the Marine Shipping subindustry, Da Nang Port 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.

Da Nang Port JSC's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Da Nang Port JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Da Nang Port JSC's Days Inventory falls into.

Da Nang Port JSC Days Inventory Calculation

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

Da Nang Port 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
=	( (23638.272	+	21142.523)	/	2 )	/	779598.606	*	365
=	22390.3975					/	779598.606	*	365
=	10.48

Da Nang Port JSC'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
=	( (21142.523	+	20265.673)	/	2 )	/	227050.91	*	365 / 4
=	20704.098					/	227050.91	*	365 / 4
=	8.32

Da Nang Port JSC (HSTC:CDN) 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.

Da Nang Port JSC's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	227050.91	/	20704.098
	=	10.97

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.

Da Nang Port JSC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20704.098	/	353976.433
	=	0.06

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.

Da Nang Port JSC Days Inventory Related Terms

Thank you for viewing the detailed overview of Da Nang Port JSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Da Nang Port JSC (HSTC:CDN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Da Nang Port JSC (HSTC:CDN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Bach Dang street, Hai Chau, Da Nang, VNM

Website

https://danangport.com

Da Nang Port JSC is a Vietnam-based shipping and logistics company. The company is engaged in a sole business segment that is trading in port and harbor services and the only geographical segment is Da Nang City, Vietnam. It provides container handling services and warehouse services. The company also provides other services such as Sea transport agency services, Restaurants and mobile food service activities, Warehousing and storage and others.

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