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Danang Rubber JSC (STC:DRC) Days Inventory : 129.85 (As of Mar. 2024)


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What is Danang Rubber JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Danang Rubber JSC's Average Total Inventories for the three months ended in Mar. 2024 was ₫1,154,759 Mil. Danang Rubber JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫811,476 Mil. Hence, Danang Rubber JSC's Days Inventory for the three months ended in Mar. 2024 was 129.85.

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

STC:DRC' s Days Inventory Range Over the Past 10 Years
Min: 77.59   Med: 111.09   Max: 140.05
Current: 123.35

During the past 13 years, Danang Rubber JSC's highest Days Inventory was 140.05. The lowest was 77.59. And the median was 111.09.

STC:DRC's Days Inventory is ranked worse than
75.02% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 81.74 vs STC:DRC: 123.35

Danang Rubber JSC's Days Inventory declined from Mar. 2023 (142.76) to Mar. 2024 (129.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Danang Rubber JSC's Inventory Turnover for the three months ended in Mar. 2024 was 0.70.

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. Danang Rubber JSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.19.


Danang Rubber JSC Days Inventory Historical Data

The historical data trend for Danang Rubber 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.

Danang Rubber JSC Days Inventory Chart

Danang Rubber JSC 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 110.77 116.22 111.40 140.05 137.21

Danang Rubber 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 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 142.76 120.42 120.19 120.74 129.85

Competitive Comparison of Danang Rubber JSC's Days Inventory

For the Auto Parts subindustry, Danang Rubber 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.


Danang Rubber JSC's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Danang Rubber JSC's Days Inventory distribution charts can be found below:

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



Danang Rubber JSC Days Inventory Calculation

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

Danang Rubber 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
=( (1707695.277 + 1184285.293) / 2 ) / 3846521.058*365
=1445990.285 / 3846521.058*365
=137.21

Danang Rubber 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
=( (1184285.293 + 1125232.121) / 2 ) / 811475.888*365 / 4
=1154758.707 / 811475.888*365 / 4
=129.85

* 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.


Danang Rubber JSC  (STC:DRC) 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.

Danang Rubber JSC's Inventory Turnover for the three months ended in Mar. 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.

Danang Rubber JSC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1154758.707 / 973317.833
=1.19

* 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.


Danang Rubber JSC Days Inventory Related Terms

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


Danang Rubber JSC (STC:DRC) Business Description

Traded in Other Exchanges
N/A
Address
1 Le Van Hien Street, Khue My Ward, Ngu Hanh Son District, Da Nang, VNM
Danang Rubber JSC is engaged in the manufacture and sale of tire products in Vietnam. Its products include motorcycle tires, bicycle tires, truck tires, light truck tires, agricultural tires, radial tires, tubes, flaps, and technical rubber products.

Danang Rubber JSC (STC:DRC) Headlines

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