Viet Nam Airlines JSC (STC:HVN) Inventory Turnover : 6.77 (As of Dec. 2024)

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What is Viet Nam Airlines 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. Viet Nam Airlines JSC's Cost of Goods Sold for the three months ended in Dec. 2024 was ₫22,247,660 Mil. Viet Nam Airlines JSC's Average Total Inventories for the quarter that ended in Dec. 2024 was ₫3,284,981 Mil. Viet Nam Airlines JSC's Inventory Turnover for the quarter that ended in Dec. 2024 was 6.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Viet Nam Airlines JSC's Days Inventory for the three months ended in Dec. 2024 was 13.47.

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. Viet Nam Airlines JSC's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.12.

Viet Nam Airlines JSC Inventory Turnover Historical Data

The historical data trend for Viet Nam Airlines 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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Viet Nam Airlines JSC Inventory Turnover Chart

Viet Nam Airlines JSC Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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17.71

18.50

28.60

27.80

27.09

Viet Nam Airlines 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															6.39	6.83	6.24	7.15	6.77

Viet Nam Airlines JSC Inventory Turnover Calculation

Viet Nam Airlines 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 )
=	91961142.037	/ (	(3430699.464	+	3359327.511)	/	2 )
=	91961142.037	/	3395013.4875
=	27.09

Viet Nam Airlines 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 )
=	22247659.558	/ (	(3210634.1	+	3359327.511)	/	2 )
=	22247659.558	/	3284980.8055
=	6.77

Viet Nam Airlines JSC (STC:HVN) 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.

Viet Nam Airlines 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
	=	3284980.8055	/	22247659.558	*	365 / 4
	=	13.47

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.

Viet Nam Airlines 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 )
	=	3284980.8055	/	26625002.938
	=	0.12

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.

Viet Nam Airlines JSC Inventory Turnover Related Terms

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Viet Nam Airlines JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Viet Nam Airlines JSC (STC:HVN) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

Number 200 Nguyen Son, Bo De Ward, Long Bien District, Hanoi, VNM

Website

https://www.vietnamairlines.com

Viet Nam Airlines JSC is an airline service provider in Vietnam. The company provides air transportation of passengers, air transportation of luggage, cargos, parcels, postal items and mails and activities of general aviation including aerial photography of the terrain, geological surveys and lead flight calibration of air stations among others.

Viet Nam Airlines JSC Headlines

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