HAGL JSC (STC:HAG) Inventory Turnover : 0.86 (As of Mar. 2024)

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What is HAGL 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. HAGL JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫742,651 Mil. HAGL JSC's Average Total Inventories for the quarter that ended in Mar. 2024 was ₫866,328 Mil. HAGL JSC's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.86.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. HAGL JSC's Days Inventory for the three months ended in Mar. 2024 was 106.45.

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. HAGL JSC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.70.

HAGL JSC Inventory Turnover Historical Data

The historical data trend for HAGL 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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HAGL JSC Inventory Turnover Chart

HAGL JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.03

1.31

1.15

5.05

4.96

HAGL JSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															1.17	1.13	1.11	1.56	0.86

HAGL JSC Inventory Turnover Calculation

HAGL 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 )
=	5148941.719	/ (	(1148037.609	+	928718.695)	/	2 )
=	5148941.719	/	1038378.152
=	4.96

HAGL JSC's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	742650.814	/ (	(928718.695	+	803936.828)	/	2 )
=	742650.814	/	866327.7615
=	0.86

HAGL JSC (STC:HAG) 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.

HAGL JSC's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	866327.7615	/	742650.814	*	365 / 4
	=	106.45

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.

HAGL JSC's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	866327.7615	/	1240937.79
	=	0.70

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.

HAGL JSC Inventory Turnover Related Terms

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HAGL JSC (STC:HAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » HAGL JSC (STC:HAG) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

15 Truong Chinh Street, Phu Dong Ward, Gia Lai Province, Pleiku, VNM

Website

http://www.hagl.com.vn

HAGL JSC is a Vietnam-based company engaged in the development, sale, and lease of residential and commercial properties. It develops, rents, and trades in real estate, including the construction of headquarters, office buildings, amongst others. The group is organised into seven business segments namely, Real Estate, Production, Trading and Services, Construction, Power, Mining, and Agriculture. It also has presence in sport and entertainment industries. Other activities include forestation, rubber cultivation and latex processing, electricity generation and distribution, as well as the provision of hotel and resort services.

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