SSI Securities (STC:SSI) Inventory Turnover : 322.99 (As of Mar. 2024)

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What is SSI Securities 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. SSI Securities's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫421,180 Mil. SSI Securities's Average Total Inventories for the quarter that ended in Mar. 2024 was ₫1,304 Mil. SSI Securities's Inventory Turnover for the quarter that ended in Mar. 2024 was 322.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SSI Securities's Days Inventory for the three months ended in Mar. 2024 was 0.28.

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. SSI Securities's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

SSI Securities Inventory Turnover Historical Data

The historical data trend for SSI Securities'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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SSI Securities Inventory Turnover Chart

SSI Securities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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356.78

798.62

848.58

422.90

553.08

SSI Securities 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															75.58	112.69	183.90	227.43	322.99

SSI Securities Inventory Turnover Calculation

SSI Securities'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 )
=	1634317.028	/ (	(4458.363	+	1451.469)	/	2 )
=	1634317.028	/	2954.916
=	553.08

SSI Securities'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 )
=	421179.703	/ (	(1451.469	+	1156.573)	/	2 )
=	421179.703	/	1304.021
=	322.99

SSI Securities (STC:SSI) 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.

SSI Securities'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
	=	1304.021	/	421179.703	*	365 / 4
	=	0.28

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.

SSI Securities'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 )
	=	1304.021	/	1830779.51
	=	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.

SSI Securities Inventory Turnover Related Terms

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SSI Securities (STC:SSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SSI Securities Corp (STC:SSI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

72 Nguyen Hue Street, Ben Nghe Ward, District 1, Hochiminh City, VNM

Website

https://www.ssi.com.vn

SSI Securities Corp provides securities services, asset management, and investment banking. Securities services are the core business line of the company with the products and services such as securities brokerage, securities depository and securities investment capital origination aimed at local, foreign retail and individual investors. Its products and services are brokerage services, IPO services, financing services, transaction support, fund management, portfolio management and value-added services, capital raising, debt instrument issuance, M&A, identifying strategic partners to equitization advisory and listing advisory.

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