An Gia Real Estate Investment And Development (STC:AGG) Inventory Turnover : 0.54 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is An Gia Real Estate Investment And Development 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. An Gia Real Estate Investment And Development's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫871,806 Mil. An Gia Real Estate Investment And Development's Average Total Inventories for the quarter that ended in Mar. 2024 was ₫1,621,585 Mil. An Gia Real Estate Investment And Development's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. An Gia Real Estate Investment And Development's Days Inventory for the three months ended in Mar. 2024 was 169.73.

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. An Gia Real Estate Investment And Development's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.24.

An Gia Real Estate Investment And Development Inventory Turnover Historical Data

The historical data trend for An Gia Real Estate Investment And Development'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.

* Premium members only.

An Gia Real Estate Investment And Development Inventory Turnover Chart

An Gia Real Estate Investment And Development Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.08

0.36

0.23

0.98

1.02

An Gia Real Estate Investment And Development 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															0.04	0.35	0.49	0.06	0.54

An Gia Real Estate Investment And Development Inventory Turnover Calculation

An Gia Real Estate Investment And Development'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 )
=	2914160.76	/ (	(3722765.386	+	2014477.764)	/	2 )
=	2914160.76	/	2868621.575
=	1.02

An Gia Real Estate Investment And Development'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 )
=	871805.635	/ (	(2014477.764	+	1228691.258)	/	2 )
=	871805.635	/	1621584.511
=	0.54

An Gia Real Estate Investment And Development (STC:AGG) 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.

An Gia Real Estate Investment And Development'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
	=	1621584.511	/	871805.635	*	365 / 4
	=	169.73

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.

An Gia Real Estate Investment And Development'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 )
	=	1621584.511	/	1312787.417
	=	1.24

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.

An Gia Real Estate Investment And Development Inventory Turnover Related Terms

Thank you for viewing the detailed overview of An Gia Real Estate Investment And Development's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

An Gia Real Estate Investment And Development (STC:AGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » An Gia Real Estate Investment And Development Corp (STC:AGG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Nguyen Thi Dieu, Ward 6, District 3, Ho Chi Minh City, VNM

Website

https://www.angia.com.vn

An Gia Real Estate Investment And Development Corp is a real estate company. The company is engaged in real estate trading, real estate brokerage, real estate management, real estate exchange, management consulting, advertising, marketing research and public opinion polling, organization of convention and trading shows, construction of buildings, construction of other civil projects, construction of railways and roads, construction of utility projects, demolition and site preparation. The company derives its majority of revenue from real estate.