Saigon VRG Investment (STC:SIP) Days Inventory : 26.27 (As of Mar. 2024)

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What is Saigon VRG Investment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Saigon VRG Investment's Average Total Inventories for the three months ended in Mar. 2024 was ₫447,316 Mil. Saigon VRG Investment's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫1,553,755 Mil. Hence, Saigon VRG Investment's Days Inventory for the three months ended in Mar. 2024 was 26.27.

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

STC:SIP' s Days Inventory Range Over the Past 10 Years
Min: 28.65 Med: 32.54 Max: 51.43
Current: 51.43

During the past 6 years, Saigon VRG Investment's highest Days Inventory was 51.43. The lowest was 28.65. And the median was 32.54.

STC:SIP's Days Inventory is ranked better than
84.39% of 1320 companies
in the Real Estate industry
Industry Median: 699.07 vs STC:SIP: 51.43

Saigon VRG Investment's Days Inventory declined from Dec. 2022 (36.78) to Mar. 2024 (26.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Saigon VRG Investment's Inventory Turnover for the three months ended in Mar. 2024 was 3.47.

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. Saigon VRG Investment's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.24.

Saigon VRG Investment Days Inventory Historical Data

The historical data trend for Saigon VRG Investment'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.

Saigon VRG Investment Days Inventory Chart

Saigon VRG Investment Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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32.77

30.64

33.19

32.30

28.65

Saigon VRG Investment Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial										36.78	33.13	25.13	-	26.27

Competitive Comparison of Saigon VRG Investment's Days Inventory

For the Real Estate - Development subindustry, Saigon VRG Investment'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.

Saigon VRG Investment's Days Inventory Distribution in the Real Estate Industry

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

* The bar in red indicates where Saigon VRG Investment's Days Inventory falls into.

Saigon VRG Investment Days Inventory Calculation

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

Saigon VRG Investment'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
=	( (434118.583	+	468080.707)	/	2 )	/	5746069.768	*	365
=	451099.645					/	5746069.768	*	365
=	28.65

Saigon VRG Investment'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
=	( (468080.707	+	426552.025)	/	2 )	/	1553755.381	*	365 / 4
=	447316.366					/	1553755.381	*	365 / 4
=	26.27

Saigon VRG Investment (STC:SIP) 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.

Saigon VRG Investment's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1553755.381	/	447316.366
	=	3.47

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.

Saigon VRG Investment's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	447316.366	/	1826234.42
	=	0.24

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.

Saigon VRG Investment Days Inventory Related Terms

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

Saigon VRG Investment (STC:SIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Saigon VRG Investment Corp (STC:SIP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

106 Nguyen Van Troi, Ward 8, CentrePoint Building, Phu Nhuan District, Ho Chi Minh, VNM

Website

https://www.saigonvrg.com.vn

Saigon VRG Investment Corp specializes in the development and construction of industrial parks, residential areas, and commercial centers, providing high-standard amenities, modern production, and a living environment.

Saigon VRG Investment (STC:SIP) Headlines

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