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

SSI Securities (STC:SSI) Days Inventory : 0.28 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is SSI Securities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SSI Securities's Average Total Inventories for the three months ended in Mar. 2024 was ₫1,304 Mil. SSI Securities's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫421,180 Mil. Hence, SSI Securities's Days Inventory for the three months ended in Mar. 2024 was 0.28.

The historical rank and industry rank for SSI Securities's Days Inventory or its related term are showing as below:

STC:SSI' s Days Inventory Range Over the Past 10 Years
Min: 0.03   Med: 0.54   Max: 1.02
Current: 0.5

During the past 13 years, SSI Securities's highest Days Inventory was 1.02. The lowest was 0.03. And the median was 0.54.

STC:SSI's Days Inventory is ranked better than
92.63% of 217 companies
in the Capital Markets industry
Industry Median: 60.48 vs STC:SSI: 0.50

SSI Securities's Days Inventory declined from Mar. 2023 (1.21) to Mar. 2024 (0.28).

Inventory Turnover measures how fast the company turns over its inventory within a year. SSI Securities's Inventory Turnover for the three months ended in Mar. 2024 was 322.99.

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 three months ended in Mar. 2024 was 0.00.


SSI Securities Days Inventory Historical Data

The historical data trend for SSI Securities's Days Inventory 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.

* Premium members only.

SSI Securities Days Inventory Chart

SSI Securities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.46 0.43 0.86 0.66

SSI Securities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.21 0.81 0.50 0.40 0.28

Competitive Comparison of SSI Securities's Days Inventory

For the Capital Markets subindustry, SSI Securities's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SSI Securities's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SSI Securities's Days Inventory distribution charts can be found below:

* The bar in red indicates where SSI Securities's Days Inventory falls into.



SSI Securities Days Inventory Calculation

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 fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (4458.363 + 1451.469) / 2 ) / 1634317.028*365
=2954.916 / 1634317.028*365
=0.66

SSI Securities's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1451.469 + 1156.573) / 2 ) / 421179.703*365 / 4
=1304.021 / 421179.703*365 / 4
=0.28

* 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.


SSI Securities  (STC:SSI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

SSI Securities's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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 three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1304.021 / 1830779.51
=0.00

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


SSI Securities Days Inventory Related Terms

Thank you for viewing the detailed overview of SSI Securities's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


SSI Securities (STC:SSI) Business Description

Traded in Other Exchanges
N/A
Address
72 Nguyen Hue Street, Ben Nghe Ward, District 1, Hochiminh City, VNM
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.

SSI Securities (STC:SSI) Headlines

No Headlines