Thanh Cong Textile Garment Investment Trading JSC (STC:TCM) Days Inventory : 109.85 (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Thanh Cong Textile Garment Investment Trading JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Thanh Cong Textile Garment Investment Trading JSC's Average Total Inventories for the three months ended in Dec. 2024 was ₫946,504 Mil. Thanh Cong Textile Garment Investment Trading JSC's Cost of Goods Sold for the three months ended in Dec. 2024 was ₫786,268 Mil. Hence, Thanh Cong Textile Garment Investment Trading JSC's Days Inventory for the three months ended in Dec. 2024 was 109.85.

The historical rank and industry rank for Thanh Cong Textile Garment Investment Trading JSC's Days Inventory or its related term are showing as below:

STC:TCM' s Days Inventory Range Over the Past 10 Years
Min: 103.49 Med: 119.91 Max: 149.21
Current: 110.92

During the past 13 years, Thanh Cong Textile Garment Investment Trading JSC's highest Days Inventory was 149.21. The lowest was 103.49. And the median was 119.91.

STC:TCM's Days Inventory is ranked better than
55.62% of 996 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 126.085 vs STC:TCM: 110.92

Thanh Cong Textile Garment Investment Trading JSC's Days Inventory declined from Dec. 2023 (136.36) to Dec. 2024 (109.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. Thanh Cong Textile Garment Investment Trading JSC's Inventory Turnover for the three months ended in Dec. 2024 was 0.83.

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. Thanh Cong Textile Garment Investment Trading JSC's Inventory-to-Revenue for the three months ended in Dec. 2024 was 1.02.

Thanh Cong Textile Garment Investment Trading JSC Days Inventory Historical Data

The historical data trend for Thanh Cong Textile Garment Investment Trading 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.

Thanh Cong Textile Garment Investment Trading JSC Days Inventory Chart

Thanh Cong Textile Garment Investment Trading JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

Get a 7-Day Free Trial

121.66

149.21

136.80

147.43

116.04

Thanh Cong Textile Garment Investment Trading JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															136.36	113.00	127.01	93.81	109.85

Competitive Comparison of Thanh Cong Textile Garment Investment Trading JSC's Days Inventory

For the Textile Manufacturing subindustry, Thanh Cong Textile Garment Investment Trading 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.

Thanh Cong Textile Garment Investment Trading JSC's Days Inventory Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thanh Cong Textile Garment Investment Trading JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Thanh Cong Textile Garment Investment Trading JSC's Days Inventory falls into.

Save Embed

;

Save Embed

;

Thanh Cong Textile Garment Investment Trading JSC Days Inventory Calculation

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

Thanh Cong Textile Garment Investment Trading JSC's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (1027930.046	+	1002737.489)	/	2 )	/	3193788.378	*	365
=	1015333.7675					/	3193788.378	*	365
=	116.04

Thanh Cong Textile Garment Investment Trading JSC's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (890271.226	+	1002737.489)	/	2 )	/	786267.54	*	365 / 4
=	946504.3575					/	786267.54	*	365 / 4
=	109.85

Thanh Cong Textile Garment Investment Trading JSC (STC:TCM) 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.

Thanh Cong Textile Garment Investment Trading JSC's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	786267.54	/	946504.3575
	=	0.83

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.

Thanh Cong Textile Garment Investment Trading JSC's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	946504.3575	/	924982.593
	=	1.02

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.

Thanh Cong Textile Garment Investment Trading JSC Days Inventory Related Terms

Thank you for viewing the detailed overview of Thanh Cong Textile Garment Investment Trading JSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Thanh Cong Textile Garment Investment Trading JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Thanh Cong Textile Garment Investment Trading JSC (STC:TCM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Tay Thanh Street, Tay Thanh Ward, Tan Phu District, Ho Chi Minh City, VNM

Website

http://www.thanhcong.com.vn

Thanh Cong Textile Garment Investment Trading JSC is a Vietnam based textile manufacturing company. Its business activity includes manufacturing and trading products of spinning, weaving, knitting, dyeing of the garment. In addition, the organization is also involved in the business areas of Fashion retail; Real Estate; and Trademarks. It generates maximum revenue from sale of Garment. Geographically, the company operates in USA, Europe, China, South Korea, Japan, Vietnam and Other countries.

Thanh Cong Textile Garment Investment Trading JSC Headlines

No Headlines