Sai Gon Ground Services JSC (STC:SGN) Inventory Turnover : 25.24 (As of Dec. 2024)

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What is Sai Gon Ground Services 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. Sai Gon Ground Services JSC's Cost of Goods Sold for the three months ended in Dec. 2024 was ₫264,728 Mil. Sai Gon Ground Services JSC's Average Total Inventories for the quarter that ended in Dec. 2024 was ₫10,490 Mil. Sai Gon Ground Services JSC's Inventory Turnover for the quarter that ended in Dec. 2024 was 25.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sai Gon Ground Services JSC's Days Inventory for the three months ended in Dec. 2024 was 3.62.

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 Ground Services JSC's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.03.

Sai Gon Ground Services JSC Inventory Turnover Historical Data

The historical data trend for Sai Gon Ground Services 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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Sai Gon Ground Services JSC Inventory Turnover Chart

Sai Gon Ground Services JSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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99.54

70.14

103.44

106.67

95.95

Sai Gon Ground Services JSC Quarterly Data
	Dec19	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													24.22	23.92	25.31	25.47	25.24

Sai Gon Ground Services JSC Inventory Turnover Calculation

Sai Gon Ground Services 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 )
=	1021844.68	/ (	(10484.335	+	10816.281)	/	2 )
=	1021844.68	/	10650.308
=	95.95

Sai Gon Ground Services 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 )
=	264728.127	/ (	(10164.509	+	10816.281)	/	2 )
=	264728.127	/	10490.395
=	25.24

Sai Gon Ground Services JSC (STC:SGN) 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 Ground Services 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
	=	10490.395	/	264728.127	*	365 / 4
	=	3.62

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 Ground Services 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 )
	=	10490.395	/	389681.944
	=	0.03

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 Ground Services JSC Inventory Turnover Related Terms

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Sai Gon Ground Services JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Sai Gon Ground Services JSC (STC:SGN) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

58 Truong Son, Ward 02, Tan Binh District, Ho Chi Minh, VNM

Website

https://www.sags.vn

Sai Gon Ground Services JSC is engaged in providing various ground services to airlines in Vietnam. The services offered by the company include passenger, ramp, baggage, aircraft appearance, load control and flight, cargo, charter and VIP handling, training, aviation IT support, line maintenance, workshop services for ground, support equipment, and other support services. It offers services at Tan Son Nhat International Airport, Da Nang International Airport, and Cam Ranh International Airport.