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Quoc Cuong Gia Lai JSC (STC:QCG) Days Inventory : 19,544.11 (As of Mar. 2024)


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What is Quoc Cuong Gia Lai JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Quoc Cuong Gia Lai JSC's Average Total Inventories for the three months ended in Mar. 2024 was ₫7,034,729 Mil. Quoc Cuong Gia Lai JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫32,845 Mil. Hence, Quoc Cuong Gia Lai JSC's Days Inventory for the three months ended in Mar. 2024 was 19,544.11.

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

STC:QCG' s Days Inventory Range Over the Past 10 Years
Min: 1387.4   Med: 3293.7   Max: 11091.17
Current: 11091.17

During the past 13 years, Quoc Cuong Gia Lai JSC's highest Days Inventory was 11091.17. The lowest was 1387.40. And the median was 3293.70.

STC:QCG's Days Inventory is ranked worse than
100% of 277 companies
in the Forest Products industry
Industry Median: 87.89 vs STC:QCG: 11091.17

Quoc Cuong Gia Lai JSC's Days Inventory increased from Mar. 2023 (4,364.94) to Mar. 2024 (19,544.11). It might indicate that Quoc Cuong Gia Lai 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. Quoc Cuong Gia Lai JSC's Inventory Turnover for the three months ended in Mar. 2024 was 0.00.

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. Quoc Cuong Gia Lai JSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 181.58.


Quoc Cuong Gia Lai JSC Days Inventory Historical Data

The historical data trend for Quoc Cuong Gia Lai 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.

Quoc Cuong Gia Lai JSC Days Inventory Chart

Quoc Cuong Gia Lai 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 3,937.75 1,835.10 3,253.12 2,340.68 7,441.14

Quoc Cuong Gia Lai 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 4,364.94 16,402.19 14,337.15 5,596.93 19,544.11

Competitive Comparison of Quoc Cuong Gia Lai JSC's Days Inventory

For the Lumber & Wood Production subindustry, Quoc Cuong Gia Lai 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.


Quoc Cuong Gia Lai JSC's Days Inventory Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Quoc Cuong Gia Lai JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Quoc Cuong Gia Lai JSC's Days Inventory falls into.



Quoc Cuong Gia Lai JSC Days Inventory Calculation

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

Quoc Cuong Gia Lai 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
=( (7211160.97 + 7035877.661) / 2 ) / 349420.406*365
=7123519.3155 / 349420.406*365
=7,441.14

Quoc Cuong Gia Lai 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
=( (7035877.661 + 7033581.195) / 2 ) / 32844.638*365 / 4
=7034729.428 / 32844.638*365 / 4
=19,544.11

* 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.


Quoc Cuong Gia Lai JSC  (STC:QCG) 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.

Quoc Cuong Gia Lai 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.

Quoc Cuong Gia Lai JSC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=7034729.428 / 38741.796
=181.58

* 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.


Quoc Cuong Gia Lai JSC Days Inventory Related Terms

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


Quoc Cuong Gia Lai JSC (STC:QCG) Business Description

Traded in Other Exchanges
N/A
Address
Nguyen Chi Thanh, P. Tra Ba District, Pleiku, Gia Lai Province, VNM
Quoc Cuong Gia Lai JSC that offers wood, sawn timber, wood processing and export of wood products, furniture, and outdoor furniture.

Quoc Cuong Gia Lai JSC (STC:QCG) Headlines

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