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Vinacomin Machinery JSC (HSTC:CTT) Days Inventory : 43.45 (As of Jun. 2024)


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What is Vinacomin Machinery JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vinacomin Machinery JSC's Average Total Inventories for the three months ended in Jun. 2024 was ₫250,564 Mil. Vinacomin Machinery JSC's Cost of Goods Sold for the three months ended in Jun. 2024 was ₫526,267 Mil. Hence, Vinacomin Machinery JSC's Days Inventory for the three months ended in Jun. 2024 was 43.45.

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

HSTC:CTT' s Days Inventory Range Over the Past 10 Years
Min: 22.85   Med: 28.43   Max: 44.91
Current: 44.91

During the past 4 years, Vinacomin Machinery JSC's highest Days Inventory was 44.91. The lowest was 22.85. And the median was 28.43.

HSTC:CTT's Days Inventory is ranked better than
90.19% of 2904 companies
in the Industrial Products industry
Industry Median: 121.88 vs HSTC:CTT: 44.91

Vinacomin Machinery JSC's Days Inventory increased from Mar. 2023 (20.74) to Jun. 2024 (43.45). It might indicate that Vinacomin Machinery JSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vinacomin Machinery JSC's Inventory Turnover for the three months ended in Jun. 2024 was 2.10.

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. Vinacomin Machinery JSC's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.44.


Vinacomin Machinery JSC Days Inventory Historical Data

The historical data trend for Vinacomin Machinery 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.

Vinacomin Machinery JSC Days Inventory Chart

Vinacomin Machinery JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Days Inventory
29.79 27.07 30.66 22.85

Vinacomin Machinery JSC Quarterly Data
Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Mar24 Jun24
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 20.74 22.24 24.19 32.59 43.45

Competitive Comparison of Vinacomin Machinery JSC's Days Inventory

For the Specialty Industrial Machinery subindustry, Vinacomin Machinery 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.


Vinacomin Machinery JSC's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vinacomin Machinery JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Vinacomin Machinery JSC's Days Inventory falls into.



Vinacomin Machinery JSC Days Inventory Calculation

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

Vinacomin Machinery JSC's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (142629.056 + 103026.463) / 2 ) / 1961790.214*365
=122827.7595 / 1961790.214*365
=22.85

Vinacomin Machinery JSC's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (253183.445 + 247945.215) / 2 ) / 526266.798*365 / 4
=250564.33 / 526266.798*365 / 4
=43.45

* 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.


Vinacomin Machinery JSC  (HSTC:CTT) 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.

Vinacomin Machinery JSC's Inventory Turnover for the three months ended in Jun. 2024 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.

Vinacomin Machinery JSC's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=250564.33 / 574253.297
=0.44

* 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.


Vinacomin Machinery JSC Days Inventory Related Terms

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


Vinacomin Machinery JSC Business Description

Traded in Other Exchanges
N/A
Address
No. 486, Tran Phu Street, Quang Ninh Province, Cam Thuy Ward, Cam Pha City, VNM
Vinacomin Machinery JSC is a Vietnam based machinery manufacturing company. It provides power protector, cutting machine, drilling machine, hydraulic.