BIDV Securities JSC (STC:BSI) Inventory Turnover : 144.54 (As of Mar. 2024)

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What is BIDV Securities 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. BIDV Securities JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫101,811 Mil. BIDV Securities JSC's Average Total Inventories for the quarter that ended in Mar. 2024 was ₫704 Mil. BIDV Securities JSC's Inventory Turnover for the quarter that ended in Mar. 2024 was 144.54.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. BIDV Securities JSC's Days Inventory for the three months ended in Mar. 2024 was 0.63.

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. BIDV Securities JSC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

BIDV Securities JSC Inventory Turnover Historical Data

The historical data trend for BIDV Securities 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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BIDV Securities JSC Inventory Turnover Chart

BIDV Securities JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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8,524.60

11,099.10

23,607.47

996.95

504.72

BIDV Securities JSC 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															103.17	80.27	-	163.18	144.54

BIDV Securities JSC Inventory Turnover Calculation

BIDV Securities JSC'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 )
=	370888.835	/ (	(765.32	+	704.372)	/	2 )
=	370888.835	/	734.846
=	504.72

BIDV Securities JSC'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 )
=	101811.137	/ (	(704.372	+	704.372)	/	2 )
=	101811.137	/	704.372
=	144.54

BIDV Securities JSC (STC:BSI) 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.

BIDV Securities JSC'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
	=	704.372	/	101811.137	*	365 / 4
	=	0.63

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.

BIDV Securities JSC'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 )
	=	704.372	/	126599.721
	=	0.01

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.

BIDV Securities JSC Inventory Turnover Related Terms

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BIDV Securities JSC (STC:BSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BIDV Securities JSC (STC:BSI) » Definitions » Inventory Turnover

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Address

35 Hang Voi, 10th, 11th floor, BIDV Tower, Hanoi, VNM

Website

https://www.bsc.com.vn

BIDV Securities JSC is a Vietnam based securities firm. It is engaged in the business of providing services such as research and analysis, brokerage, trading and investment, and investment banking services. In addition, the firm also offers services for derivative securities, warranted warranties, digital certificate and iBroker facility.

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