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Vietnam Engine & Agricultural Machinery (HSTC:VEA) Inventory-to-Revenue : 1.19 (As of Sep. 2024)


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What is Vietnam Engine & Agricultural Machinery Inventory-to-Revenue?

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. Vietnam Engine & Agricultural Machinery's Average Total Inventories for the quarter that ended in Sep. 2024 was ₫1,245,830 Mil. Vietnam Engine & Agricultural Machinery's Revenue for the three months ended in Sep. 2024 was ₫1,048,743 Mil. Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.19.

Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue for the quarter that ended in Sep. 2024 declined from Jun. 2024 (1.23) to Jun. 2024 (1.19)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vietnam Engine & Agricultural Machinery's Days Inventory for the three months ended in Sep. 2024 was 126.28.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vietnam Engine & Agricultural Machinery's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.72.


Vietnam Engine & Agricultural Machinery Inventory-to-Revenue Historical Data

The historical data trend for Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue 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.

Vietnam Engine & Agricultural Machinery Inventory-to-Revenue Chart

Vietnam Engine & Agricultural Machinery Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
0.41 0.43 0.35 0.32 0.37

Vietnam Engine & Agricultural Machinery Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Inventory-to-Revenue 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 1.63 1.45 1.42 1.23 1.19

Competitive Comparison of Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue

For the Farm & Heavy Construction Machinery subindustry, Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue falls into.


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Vietnam Engine & Agricultural Machinery Inventory-to-Revenue Calculation

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.

Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (1541390.261 + 1283928.195) / 2 ) / 3806390.374
=1412659.228 / 3806390.374
=0.37

Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue (Q: Sep. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Revenue (Q: Sep. 2024 )
=( (1245849.318 + 1245811.58) / 2 ) / 1048743.119
=1245830.449 / 1048743.119
=1.19

* 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.


Vietnam Engine & Agricultural Machinery  (HSTC:VEA) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Vietnam Engine & Agricultural Machinery's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=1245830.449/900205.115*365 / 4
=126.28

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Vietnam Engine & Agricultural Machinery's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=900205.115 / 1245830.449
=0.72

* 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.


Vietnam Engine & Agricultural Machinery Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Vietnam Engine & Agricultural Machinery's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Vietnam Engine & Agricultural Machinery Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Zone D Group D1, Phu Thuong Ward, Tay Ho District, HaNoi, VNM
Vietnam Engine & Agricultural Machinery Corp is engaged in manufacturing and trading machinery and spare parts for agricultural, forestry and fishery production and transportation. Its products include VEAM cars, tractors, engine, agricultural machinery, and accessories.

Vietnam Engine & Agricultural Machinery Headlines

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