Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) Inventory Turnover : 0.01 (As of Mar. 2024)

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What is Sai Gon Thuong Tin Real Estate Joint Stock Company 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. Sai Gon Thuong Tin Real Estate Joint Stock Company's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫41,073 Mil. Sai Gon Thuong Tin Real Estate Joint Stock Company's Average Total Inventories for the quarter that ended in Mar. 2024 was ₫3,840,363 Mil. Sai Gon Thuong Tin Real Estate Joint Stock Company's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sai Gon Thuong Tin Real Estate Joint Stock Company's Days Inventory for the three months ended in Mar. 2024 was 8,531.98.

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. Sai Gon Thuong Tin Real Estate Joint Stock Company's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 55.68.

Sai Gon Thuong Tin Real Estate Joint Stock Company Inventory Turnover Historical Data

The historical data trend for Sai Gon Thuong Tin Real Estate Joint Stock Company'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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Sai Gon Thuong Tin Real Estate Joint Stock Company Inventory Turnover Chart

Sai Gon Thuong Tin Real Estate Joint Stock Company Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.14

0.33

0.45

0.23

0.08

Sai Gon Thuong Tin Real Estate Joint Stock Company 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															0.02	0.01	0.04	0.02	0.01

Sai Gon Thuong Tin Real Estate Joint Stock Company Inventory Turnover Calculation

Sai Gon Thuong Tin Real Estate Joint Stock Company'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 )
=	264014.902	/ (	(2776108.098	+	3663741.05)	/	2 )
=	264014.902	/	3219924.574
=	0.08

Sai Gon Thuong Tin Real Estate Joint Stock Company'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 )
=	41072.915	/ (	(3663741.05	+	4016984.488)	/	2 )
=	41072.915	/	3840362.769
=	0.01

Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) 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.

Sai Gon Thuong Tin Real Estate Joint Stock Company'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
	=	3840362.769	/	41072.915	*	365 / 4
	=	8,531.98

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.

Sai Gon Thuong Tin Real Estate Joint Stock Company'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 )
	=	3840362.769	/	68970.959
	=	55.68

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.

Sai Gon Thuong Tin Real Estate Joint Stock Company Inventory Turnover Related Terms

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Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sai Gon Thuong Tin Real Estate Joint Stock Company (STC:SCR) » Definitions » Inventory Turnover

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Address

No 253 Hoang Van Thu, TTC Building, Ward 2, Tan Binh District, Ho Chi Minh City, VNM

Website

https://ttcland.vn

Sai Gon Thuong Tin Real Estate Joint Stock Company is engaged in trade in real estate, own land use rights, lease land use rights and houses, and invest and construct the infrastructure of industrial parks. The projects of the company are belleza apartment, carillon apartment, and hoa binh sacromreal project.