Vinacomin Machinery JSC (HSTC:CTT) Inventory Turnover : 2.10 (As of Jun. 2024)

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What is Vinacomin Machinery JSC Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Vinacomin Machinery JSC's Cost of Goods Sold for the three months ended in Jun. 2024 was ₫526,267 Mil. Vinacomin Machinery JSC's Average Total Inventories for the quarter that ended in Jun. 2024 was ₫250,564 Mil. Vinacomin Machinery JSC's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vinacomin Machinery JSC's Days Inventory for the three months ended in Jun. 2024 was 43.45.

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. Vinacomin Machinery JSC's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.44.

Vinacomin Machinery JSC Inventory Turnover Historical Data

The historical data trend for Vinacomin Machinery JSC's Inventory Turnover 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.

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Vinacomin Machinery JSC Inventory Turnover Chart

Vinacomin Machinery JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

12.25

13.48

11.91

15.97

Vinacomin Machinery JSC Quarterly Data
	Dec18	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24	Jun24
Inventory Turnover	Get a 7-Day Free Trial															4.40	4.10	3.77	2.80	2.10

Vinacomin Machinery JSC Inventory Turnover Calculation

Vinacomin Machinery JSC's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	1961790.214	/ (	(142629.056	+	103026.463)	/	2 )
=	1961790.214	/	122827.7595
=	15.97

Vinacomin Machinery JSC's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	526266.798	/ (	(253183.445	+	247945.215)	/	2 )
=	526266.798	/	250564.33
=	2.10

Vinacomin Machinery JSC (HSTC:CTT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Vinacomin Machinery JSC's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	250564.33	/	526266.798	*	365 / 4
	=	43.45

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.

Vinacomin Machinery JSC's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	250564.33	/	574253.297
	=	0.44

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Vinacomin Machinery JSC Inventory Turnover Related Terms

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Vinacomin Machinery JSC Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 486, Tran Phu Street, Quang Ninh Province, Cam Thuy Ward, Cam Pha City, VNM

Website

http://www.chetaomay.com.vn

Vinacomin Machinery JSC is a Vietnam based machinery manufacturing company. It provides power protector, cutting machine, drilling machine, hydraulic.