Tasco JSC (HSTC:HUT) Days Inventory : 36.28 (As of Sep. 2024)

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What is Tasco JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tasco JSC's Average Total Inventories for the three months ended in Sep. 2024 was ₫2,921,863 Mil. Tasco JSC's Cost of Goods Sold for the three months ended in Sep. 2024 was ₫7,349,958 Mil. Hence, Tasco JSC's Days Inventory for the three months ended in Sep. 2024 was 36.28.

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

HSTC:HUT' s Days Inventory Range Over the Past 10 Years
Min: 8.94 Med: 28.02 Max: 62.58
Current: 40.01

During the past 13 years, Tasco JSC's highest Days Inventory was 62.58. The lowest was 8.94. And the median was 28.02.

HSTC:HUT's Days Inventory is ranked better than
53.73% of 1461 companies
in the Construction industry
Industry Median: 47.7 vs HSTC:HUT: 40.01

Tasco JSC's Days Inventory declined from Sep. 2023 (60.78) to Sep. 2024 (36.28).

Inventory Turnover measures how fast the company turns over its inventory within a year. Tasco JSC's Inventory Turnover for the three months ended in Sep. 2024 was 2.52.

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. Tasco JSC's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.36.

Tasco JSC Days Inventory Historical Data

The historical data trend for Tasco 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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Tasco JSC Days Inventory Chart

Tasco JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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27.91

44.63

62.58

47.10

47.42

Tasco JSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															60.78	34.05	48.75	40.86	36.28

Competitive Comparison of Tasco JSC's Days Inventory

For the Engineering & Construction subindustry, Tasco 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.

Tasco JSC's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tasco JSC's Days Inventory distribution charts can be found below:

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

Tasco JSC Days Inventory Calculation

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

Tasco 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
=	( (98279.326	+	2487164.78)	/	2 )	/	9949960.088	*	365
=	1292722.053					/	9949960.088	*	365
=	47.42

Tasco JSC's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (2729810.878	+	3113915.331)	/	2 )	/	7349958.066	*	365 / 4
=	2921863.1045					/	7349958.066	*	365 / 4
=	36.28

Tasco JSC (HSTC:HUT) 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.

Tasco JSC's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7349958.066	/	2921863.1045
	=	2.52

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.

Tasco JSC's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2921863.1045	/	8031350.864
	=	0.36

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.

Tasco JSC Days Inventory Related Terms

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

Tasco JSC Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

91 Nguyen Chi Thanh, 4th floor, M5 Building, Lang Ha Ward, Dong Da District, Hanoi, VNM

Website

http://www.tasco.com.vn

Tasco JSC is engaged in construction and engineering services. It offers construction, consultation and assembly services of civil, industrial, transportation and irrigation works. The company also produces and trades construction materials and pre-cast concrete structure.