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Lof International Dairy Products JSC (HSTC:IDP) Inventory Turnover : 1.69 (As of Mar. 2025)


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What is Lof International Dairy Products 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. Lof International Dairy Products JSC's Cost of Goods Sold for the three months ended in Mar. 2025 was ₫1,109,162 Mil. Lof International Dairy Products JSC's Average Total Inventories for the quarter that ended in Mar. 2025 was ₫657,399 Mil. Lof International Dairy Products JSC's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.69.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lof International Dairy Products JSC's Days Inventory for the three months ended in Mar. 2025 was 54.08.

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. Lof International Dairy Products JSC's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.36.


Lof International Dairy Products JSC Inventory Turnover Historical Data

The historical data trend for Lof International Dairy Products 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.

* Premium members only.

Lof International Dairy Products JSC Inventory Turnover Chart

Lof International Dairy Products JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Inventory Turnover
- 9.54 9.57 8.42

Lof International Dairy Products JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Inventory Turnover 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 2.32 2.87 2.72 2.12 1.69

Lof International Dairy Products JSC Inventory Turnover Calculation

Lof International Dairy Products JSC's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=4533184.734 / ((435339.419 + 641616.526) / 2 )
=4533184.734 / 538477.9725
=8.42

Lof International Dairy Products JSC's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=1109162.357 / ((641616.526 + 673180.862) / 2 )
=1109162.357 / 657398.694
=1.69

* 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.


Lof International Dairy Products JSC  (HSTC:IDP) 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.

Lof International Dairy Products JSC's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=657398.694/1109162.357*365 / 4
=54.08

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.

Lof International Dairy Products JSC's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=657398.694 / 1831653.83
=0.36

* 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.


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.


Lof International Dairy Products JSC Inventory Turnover Related Terms

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Lof International Dairy Products JSC Business Description

Traded in Other Exchanges
N/A
Address
Road N16, Lot C-13A-CN, Long Tan Commune, Bau Bang Industrial Park Expansion, Binh Duong Province, Dau Tieng District, Lai Uyen, VNM
Lof International Dairy Products JSC is an investment holding company. The company is a food and beverage company focused on manufacturing of dairy products. The products of the company include dairy products; milk jelly, and rice cakes. The company is also engaged in providing an educational entertainment ecosystem for children through animated series.

Lof International Dairy Products JSC Headlines

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