Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) Days Inventory : 8,531.98 (As of Mar. 2024)

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What is Sai Gon Thuong Tin Real Estate Joint Stock Company Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sai Gon Thuong Tin Real Estate Joint Stock Company's Average Total Inventories for the three months ended in Mar. 2024 was ₫3,840,363 Mil. Sai Gon Thuong Tin Real Estate Joint Stock Company's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫41,073 Mil. Hence, Sai Gon Thuong Tin Real Estate Joint Stock Company's Days Inventory for the three months ended in Mar. 2024 was 8,531.98.

The historical rank and industry rank for Sai Gon Thuong Tin Real Estate Joint Stock Company's Days Inventory or its related term are showing as below:

STC:SCR' s Days Inventory Range Over the Past 10 Years
Min: 663.37 Med: 1710.63 Max: 7090
Current: 4830.1

During the past 13 years, Sai Gon Thuong Tin Real Estate Joint Stock Company's highest Days Inventory was 7090.00. The lowest was 663.37. And the median was 1710.63.

STC:SCR's Days Inventory is ranked worse than
91.65% of 1318 companies
in the Real Estate industry
Industry Median: 699.76 vs STC:SCR: 4830.10

Sai Gon Thuong Tin Real Estate Joint Stock Company's Days Inventory increased from Mar. 2023 (4,282.72) to Mar. 2024 (8,531.98). It might indicate that Sai Gon Thuong Tin Real Estate Joint Stock Company'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. Sai Gon Thuong Tin Real Estate Joint Stock Company'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. Sai Gon Thuong Tin Real Estate Joint Stock Company's Inventory-to-Revenue for the three months ended in Mar. 2024 was 55.68.

Sai Gon Thuong Tin Real Estate Joint Stock Company Days Inventory Historical Data

The historical data trend for Sai Gon Thuong Tin Real Estate Joint Stock Company'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.

Sai Gon Thuong Tin Real Estate Joint Stock Company Days Inventory Chart

Sai Gon Thuong Tin Real Estate Joint Stock Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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2,535.40

1,112.07

812.93

1,563.80

4,451.54

Sai Gon Thuong Tin Real Estate Joint Stock Company 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															4,282.72	6,566.94	2,474.80	4,998.29	8,531.98

Competitive Comparison of Sai Gon Thuong Tin Real Estate Joint Stock Company's Days Inventory

For the Real Estate - Diversified subindustry, Sai Gon Thuong Tin Real Estate Joint Stock Company'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.

Sai Gon Thuong Tin Real Estate Joint Stock Company's Days Inventory Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sai Gon Thuong Tin Real Estate Joint Stock Company's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sai Gon Thuong Tin Real Estate Joint Stock Company's Days Inventory falls into.

Sai Gon Thuong Tin Real Estate Joint Stock Company Days Inventory Calculation

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

Sai Gon Thuong Tin Real Estate Joint Stock Company'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
=	( (2776108.098	+	3663741.05)	/	2 )	/	264014.902	*	365
=	3219924.574					/	264014.902	*	365
=	4,451.54

Sai Gon Thuong Tin Real Estate Joint Stock Company'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
=	( (3663741.05	+	4016984.488)	/	2 )	/	41072.915	*	365 / 4
=	3840362.769					/	41072.915	*	365 / 4
=	8,531.98

Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) 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.

Sai Gon Thuong Tin Real Estate Joint Stock Company's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41072.915	/	3840362.769
	=	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.

Sai Gon Thuong Tin Real Estate Joint Stock Company's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3840362.769	/	68970.959
	=	55.68

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.

Sai Gon Thuong Tin Real Estate Joint Stock Company Days Inventory Related Terms

Thank you for viewing the detailed overview of Sai Gon Thuong Tin Real Estate Joint Stock Company's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

No 253 Hoang Van Thu, TTC Building, Ward 2, Tan Binh District, Ho Chi Minh City, VNM

Website

https://ttcland.vn

Sai Gon Thuong Tin Real Estate Joint Stock Company is engaged in trade in real estate, own land use rights, lease land use rights and houses, and invest and construct the infrastructure of industrial parks. The projects of the company are belleza apartment, carillon apartment, and hoa binh sacromreal project.