Vietnam Bank for Industry and Trade Securities JSC (STC:CTS) Inventory Turnover : 238.87 (As of Sep. 2024)

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What is Vietnam Bank for Industry and Trade Securities 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. Vietnam Bank for Industry and Trade Securities JSC's Cost of Goods Sold for the three months ended in Sep. 2024 was ₫26,921 Mil. Vietnam Bank for Industry and Trade Securities JSC's Average Total Inventories for the quarter that ended in Sep. 2024 was ₫113 Mil. Vietnam Bank for Industry and Trade Securities JSC's Inventory Turnover for the quarter that ended in Sep. 2024 was 238.87.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vietnam Bank for Industry and Trade Securities JSC's Days Inventory for the three months ended in Sep. 2024 was 0.38.

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 Bank for Industry and Trade Securities JSC's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Vietnam Bank for Industry and Trade Securities JSC Inventory Turnover Historical Data

The historical data trend for Vietnam Bank for Industry and Trade Securities 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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Vietnam Bank for Industry and Trade Securities JSC Inventory Turnover Chart

Vietnam Bank for Industry and Trade Securities JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1,475.65

2,633.73

8,147.56

9,166.84

20,004.62

Vietnam Bank for Industry and Trade Securities JSC Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															73.71	279.60	547.72	322.33	238.87

Vietnam Bank for Industry and Trade Securities JSC Inventory Turnover Calculation

Vietnam Bank for Industry and Trade Securities JSC's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	176620.8	/ (	(9	+	8.658)	/	2 )
=	176620.8	/	8.829
=	20,004.62

Vietnam Bank for Industry and Trade Securities JSC's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	26921.29	/ (	(125.838	+	99.564)	/	2 )
=	26921.29	/	112.701
=	238.87

Vietnam Bank for Industry and Trade Securities JSC (STC:CTS) 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.

Vietnam Bank for Industry and Trade Securities JSC'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
	=	112.701	/	26921.29	*	365 / 4
	=	0.38

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.

Vietnam Bank for Industry and Trade Securities JSC's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	112.701	/	182002.435
	=	0.00

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.

Vietnam Bank for Industry and Trade Securities JSC Inventory Turnover Related Terms

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Vietnam Bank for Industry and Trade Securities JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vietnam Bank for Industry and Trade Securities JSC (STC:CTS) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Floor 1 to Floor 4, Building N02-T2, Diplomatic Corps Area, Xuan Tao Ward, Bac Tu Liem District, Ha Noi, VNM

Website

https://www.cts.vn

Vietnam Bank for Industry and Trade Securities JSC operates as a stockbroker in Vietnam. It provides stockbroker services, Securities investment consulting, Securities depository, Corporate financial consulting, Research & Analysis and Self-employment & Securities underwriting. It also provides institutional, corporate and individual customers with securities services, investment consulting services, and consulting services.