Pomina Steel (HSTC:POM) Days Inventory : 134.03 (As of Mar. 2024)

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What is Pomina Steel Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pomina Steel's Average Total Inventories for the three months ended in Mar. 2024 was ₫701,958 Mil. Pomina Steel's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫477,907 Mil. Hence, Pomina Steel's Days Inventory for the three months ended in Mar. 2024 was 134.03.

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

HSTC:POM' s Days Inventory Range Over the Past 10 Years
Min: 63.72 Med: 85.69 Max: 173.1
Current: 173.1

During the past 13 years, Pomina Steel's highest Days Inventory was 173.10. The lowest was 63.72. And the median was 85.69.

HSTC:POM's Days Inventory is ranked worse than
87.39% of 587 companies
in the Steel industry
Industry Median: 87.83 vs HSTC:POM: 173.10

Pomina Steel's Days Inventory increased from Dec. 2022 (93.40) to Mar. 2024 (134.03). It might indicate that Pomina Steel's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Pomina Steel's Inventory Turnover for the three months ended in Mar. 2024 was 0.68.

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. Pomina Steel's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.49.

Pomina Steel Days Inventory Historical Data

The historical data trend for Pomina Steel'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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Pomina Steel Days Inventory Chart

Pomina Steel Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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67.36

89.84

104.24

96.81

80.63

Pomina Steel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Inventory	Get a 7-Day Free Trial															93.40	60.82	112.12	163.97	134.03

Competitive Comparison of Pomina Steel's Days Inventory

For the Steel subindustry, Pomina Steel'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.

Pomina Steel's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Pomina Steel's Days Inventory distribution charts can be found below:

* The bar in red indicates where Pomina Steel's Days Inventory falls into.

Pomina Steel Days Inventory Calculation

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

Pomina Steel's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (4745847.299	+	1192867.613)	/	2 )	/	13441440.927	*	365
=	2969357.456					/	13441440.927	*	365
=	80.63

Pomina Steel'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (832723.368	+	571191.851)	/	2 )	/	477906.931	*	365 / 4
=	701957.6095					/	477906.931	*	365 / 4
=	134.03

Pomina Steel (HSTC:POM) 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.

Pomina Steel's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	477906.931	/	701957.6095
	=	0.68

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.

Pomina Steel's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	701957.6095	/	470236.794
	=	1.49

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.

Pomina Steel Days Inventory Related Terms

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

Pomina Steel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pomina Steel Corp (HSTC:POM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Street 27, Song Than 2 Industrial Part, Di An Ward, Di An Town, Binh Duong Province, Ho Chi Minh, VNM

Website

http://www.pomina-steel.com

Pomina Steel Corp is engaged in the production and distribution of steel products in Vietnam. It provides products such as rolled steel, deformed bars, wire rod, plain bars and other products made from steel.