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Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) Days Inventory : 55.70 (As of Mar. 2024)


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What is Petrovietnam Power Nhon Trach 2 JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Petrovietnam Power Nhon Trach 2 JSC's Average Total Inventories for the three months ended in Mar. 2024 was ₫297,436 Mil. Petrovietnam Power Nhon Trach 2 JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫487,297 Mil. Hence, Petrovietnam Power Nhon Trach 2 JSC's Days Inventory for the three months ended in Mar. 2024 was 55.70.

The historical rank and industry rank for Petrovietnam Power Nhon Trach 2 JSC's Days Inventory or its related term are showing as below:

STC:NT2' s Days Inventory Range Over the Past 10 Years
Min: 14.31   Med: 16.51   Max: 26.21
Current: 26.21

During the past 6 years, Petrovietnam Power Nhon Trach 2 JSC's highest Days Inventory was 26.21. The lowest was 14.31. And the median was 16.51.

STC:NT2's Days Inventory is ranked worse than
53.56% of 463 companies
in the Utilities - Regulated industry
Industry Median: 23.36 vs STC:NT2: 26.21

Petrovietnam Power Nhon Trach 2 JSC's Days Inventory increased from Mar. 2023 (14.59) to Mar. 2024 (55.70). It might indicate that Petrovietnam Power Nhon Trach 2 JSC'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. Petrovietnam Power Nhon Trach 2 JSC's Inventory Turnover for the three months ended in Mar. 2024 was 1.64.

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. Petrovietnam Power Nhon Trach 2 JSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.14.


Petrovietnam Power Nhon Trach 2 JSC Days Inventory Historical Data

The historical data trend for Petrovietnam Power Nhon Trach 2 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.

Petrovietnam Power Nhon Trach 2 JSC Days Inventory Chart

Petrovietnam Power Nhon Trach 2 JSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 15.38 21.71 20.87 14.64 17.64

Petrovietnam Power Nhon Trach 2 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 14.59 14.80 32.99 28.12 55.70

Competitive Comparison of Petrovietnam Power Nhon Trach 2 JSC's Days Inventory

For the Utilities - Regulated Electric subindustry, Petrovietnam Power Nhon Trach 2 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.


Petrovietnam Power Nhon Trach 2 JSC's Days Inventory Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Petrovietnam Power Nhon Trach 2 JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Petrovietnam Power Nhon Trach 2 JSC's Days Inventory falls into.



Petrovietnam Power Nhon Trach 2 JSC Days Inventory Calculation

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

Petrovietnam Power Nhon Trach 2 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
=( (307450.881 + 260356.63) / 2 ) / 5875592.17*365
=283903.7555 / 5875592.17*365
=17.64

Petrovietnam Power Nhon Trach 2 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
=( (260356.63 + 334515.744) / 2 ) / 487297.276*365 / 4
=297436.187 / 487297.276*365 / 4
=55.70

* 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.


Petrovietnam Power Nhon Trach 2 JSC  (STC:NT2) 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.

Petrovietnam Power Nhon Trach 2 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.

Petrovietnam Power Nhon Trach 2 JSC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=297436.187 / 261906.935
=1.14

* 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.


Petrovietnam Power Nhon Trach 2 JSC Days Inventory Related Terms

Thank you for viewing the detailed overview of Petrovietnam Power Nhon Trach 2 JSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) Business Description

Traded in Other Exchanges
N/A
Address
Petroleum Power Center, Phuoc Khanh Commune, Nhon Trach district, Dong Nai, VNM
Petrovietnam Power Nhon Trach 2 Joint Stock Co is a Vietnam-based company engaged in power generation, transmission, and distribution. It also provides support activities like service activities for water transport, Architectural activities, wholesale of solid, liquid, and gaseous fuels, warehousing and storage of food, freight transport by road, wholesale of machinery, freight inland waterway, and vocational education.

Petrovietnam Power Nhon Trach 2 JSC (STC:NT2) Headlines

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