Tan Tao Investment Industry (STC:ITA) Days Inventory : 9,420.98 (As of Mar. 2024)

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What is Tan Tao Investment Industry Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tan Tao Investment Industry's Average Total Inventories for the three months ended in Mar. 2024 was ₫3,609,281 Mil. Tan Tao Investment Industry's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫34,959 Mil. Hence, Tan Tao Investment Industry's Days Inventory for the three months ended in Mar. 2024 was 9,420.98.

The historical rank and industry rank for Tan Tao Investment Industry's Days Inventory or its related term are showing as below:

STC:ITA' s Days Inventory Range Over the Past 10 Years
Min: 1758.74 Med: 4147.21 Max: 64730.93
Current: 8847.08

During the past 10 years, Tan Tao Investment Industry's highest Days Inventory was 64730.93. The lowest was 1758.74. And the median was 4147.21.

STC:ITA's Days Inventory is ranked worse than
95.37% of 1318 companies
in the Real Estate industry
Industry Median: 696.13 vs STC:ITA: 8847.08

Tan Tao Investment Industry's Days Inventory increased from Dec. 2022 (0.00) to Mar. 2024 (9,420.98). It might indicate that Tan Tao Investment Industry's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tan Tao Investment Industry's Inventory Turnover for the three months ended in Mar. 2024 was 0.01.

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. Tan Tao Investment Industry's Inventory-to-Revenue for the three months ended in Mar. 2024 was 50.58.

Tan Tao Investment Industry Days Inventory Historical Data

The historical data trend for Tan Tao Investment Industry'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.

Tan Tao Investment Industry Days Inventory Chart

Tan Tao Investment Industry Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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5,602.61

1,758.74

3,908.72

2,720.25

Tan Tao Investment Industry 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															-	9,882.08	8,060.90	4,527.89	9,420.98

Competitive Comparison of Tan Tao Investment Industry's Days Inventory

For the Real Estate Services subindustry, Tan Tao Investment Industry'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.

Tan Tao Investment Industry's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tan Tao Investment Industry's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tan Tao Investment Industry's Days Inventory falls into.

Tan Tao Investment Industry Days Inventory Calculation

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

Tan Tao Investment Industry'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
=	( (3725792.923	+	3561284.216)	/	2 )	/	-1375298.634	*	365
=	3643538.5695					/	-1375298.634	*	365
=	N/A

Tan Tao Investment Industry'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
=	( (3637292.818	+	3581269.078)	/	2 )	/	34958.867	*	365 / 4
=	3609280.948					/	34958.867	*	365 / 4
=	9,420.98

Tan Tao Investment Industry (STC:ITA) 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.

Tan Tao Investment Industry's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34958.867	/	3609280.948
	=	0.01

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.

Tan Tao Investment Industry's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3609280.948	/	71360.316
	=	50.58

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.

Tan Tao Investment Industry Days Inventory Related Terms

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