Binh Duong Water - Environment - JSC (STC:BWE) Inventory Turnover : 0.55 (As of Dec. 2024)

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What is Binh Duong Water - Environment - 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. Binh Duong Water - Environment - JSC's Cost of Goods Sold for the three months ended in Dec. 2024 was ₫695,388 Mil. Binh Duong Water - Environment - JSC's Average Total Inventories for the quarter that ended in Dec. 2024 was ₫1,271,615 Mil. Binh Duong Water - Environment - JSC's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Binh Duong Water - Environment - JSC's Days Inventory for the three months ended in Dec. 2024 was 166.86.

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. Binh Duong Water - Environment - JSC's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 1.07.

Binh Duong Water - Environment - JSC Inventory Turnover Historical Data

The historical data trend for Binh Duong Water - Environment - 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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Binh Duong Water - Environment - JSC Inventory Turnover Chart

Binh Duong Water - Environment - JSC Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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3.24

2.73

2.92

2.40

2.10

Binh Duong Water - Environment - JSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															0.65	0.40	0.54	0.43	0.55

Binh Duong Water - Environment - JSC Inventory Turnover Calculation

Binh Duong Water - Environment - 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 )
=	2265244.75	/ (	(923220.324	+	1233109.788)	/	2 )
=	2265244.75	/	1078165.056
=	2.10

Binh Duong Water - Environment - JSC's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	695387.689	/ (	(1310120.425	+	1233109.788)	/	2 )
=	695387.689	/	1271615.1065
=	0.55

Binh Duong Water - Environment - JSC (STC:BWE) 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.

Binh Duong Water - Environment - JSC's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	1271615.1065	/	695387.689	*	365 / 4
	=	166.86

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.

Binh Duong Water - Environment - JSC's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	1271615.1065	/	1190521.096
	=	1.07

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.

Binh Duong Water - Environment - JSC Inventory Turnover Related Terms

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Binh Duong Water - Environment - JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Binh Duong Water - Environment Corp - JSC (STC:BWE) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Block A4, Bui Vien Street, Nguyen Duc Canh Industrial Park, Tran Hung Dao Ward, Thai Binh Province, Thai Binh, VNM

Website

http://www.biwase.com.vn

Binh Duong Water - Environment Corp - JSC operates in the waste management industry in Vietnam. The business activities of the company include treatment and supply of clean water, investment in management of drainage systems, construction and repair of water supply, and supervision of construction and installation of works.

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