Viet Dragon Securities (STC:VDS) Days Inventory : 2.20 (As of Mar. 2024)

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What is Viet Dragon Securities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Viet Dragon Securities's Average Total Inventories for the three months ended in Mar. 2024 was ₫1,639 Mil. Viet Dragon Securities's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫67,945 Mil. Hence, Viet Dragon Securities's Days Inventory for the three months ended in Mar. 2024 was 2.20.

The historical rank and industry rank for Viet Dragon Securities's Days Inventory or its related term are showing as below:

STC:VDS' s Days Inventory Range Over the Past 10 Years
Min: 0.05 Med: 0.46 Max: 3
Current: 2.22

During the past 6 years, Viet Dragon Securities's highest Days Inventory was 3.00. The lowest was 0.05. And the median was 0.46.

STC:VDS's Days Inventory is ranked better than
84.82% of 224 companies
in the Capital Markets industry
Industry Median: 68.355 vs STC:VDS: 2.22

Viet Dragon Securities's Days Inventory declined from Mar. 2023 (3.24) to Mar. 2024 (2.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. Viet Dragon Securities's Inventory Turnover for the three months ended in Mar. 2024 was 41.45.

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. Viet Dragon Securities's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.01.

Viet Dragon Securities Days Inventory Historical Data

The historical data trend for Viet Dragon Securities'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.

Viet Dragon Securities Days Inventory Chart

Viet Dragon Securities Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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0.10

0.05

0.76

2.26

3.00

Viet Dragon Securities 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															3.24	1.78	1.99	3.63	2.20

Competitive Comparison of Viet Dragon Securities's Days Inventory

For the Capital Markets subindustry, Viet Dragon Securities'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.

Viet Dragon Securities's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Viet Dragon Securities's Days Inventory distribution charts can be found below:

* The bar in red indicates where Viet Dragon Securities's Days Inventory falls into.

Viet Dragon Securities Days Inventory Calculation

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

Viet Dragon Securities'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
=	( (2328.649	+	1920.886)	/	2 )	/	258596.654	*	365
=	2124.7675					/	258596.654	*	365
=	3.00

Viet Dragon Securities'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
=	( (1920.886	+	1357.245)	/	2 )	/	67944.865	*	365 / 4
=	1639.0655					/	67944.865	*	365 / 4
=	2.20

Viet Dragon Securities (STC:VDS) 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.

Viet Dragon Securities's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	67944.865	/	1639.0655
	=	41.45

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.

Viet Dragon Securities's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1639.0655	/	163284.074
	=	0.01

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.

Viet Dragon Securities Days Inventory Related Terms

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

Viet Dragon Securities (STC:VDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Viet Dragon Securities Corp (STC:VDS) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

141 Nguyen Du, 1-2-3-4 Floor, Viet Dragon Building, Ward Ben Thanh, District 1, Ho Chi Minh City, VNM

Website

http://www.vdsc.com.vn

Viet Dragon Securities Corp is a Vietnam based company engaged in the financial and securities business. It offers a complete range of financial and securities products and services to personal customers and organization. The firm offers brokerage and investment advisory services, securities service, analysis service, financial service, brokerage service, derivative securities service and investment banking service.

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