Coteccons Construction Joint Stock Company (STC:CTD) Inventory Turnover : 1.52 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Coteccons Construction Joint Stock Company 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. Coteccons Construction Joint Stock Company's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫4,445,080 Mil. Coteccons Construction Joint Stock Company's Average Total Inventories for the quarter that ended in Mar. 2024 was ₫2,926,144 Mil. Coteccons Construction Joint Stock Company's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Coteccons Construction Joint Stock Company's Days Inventory for the three months ended in Mar. 2024 was 60.07.

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. Coteccons Construction Joint Stock Company's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.63.

Coteccons Construction Joint Stock Company Inventory Turnover Historical Data

The historical data trend for Coteccons Construction Joint Stock Company'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.

Coteccons Construction Joint Stock Company Inventory Turnover Chart

Coteccons Construction Joint Stock Company Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

Get a 7-Day Free Trial

16.14

16.11

14.78

8.79

5.53

Coteccons Construction Joint Stock Company Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															2.01	1.15	1.24	1.32	1.52

Coteccons Construction Joint Stock Company Inventory Turnover Calculation

Coteccons Construction Joint Stock Company's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	8802717.841	/ (	(1492037.631	+	1692285.469)	/	2 )
=	8802717.841	/	1592161.55
=	5.53

Coteccons Construction Joint Stock Company'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: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	4445080.228	/ (	(2928237.387	+	2924051.085)	/	2 )
=	4445080.228	/	2926144.236
=	1.52

Coteccons Construction Joint Stock Company (STC:CTD) 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.

Coteccons Construction Joint Stock Company'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
	=	2926144.236	/	4445080.228	*	365 / 4
	=	60.07

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.

Coteccons Construction Joint Stock Company'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 )
	=	2926144.236	/	4665851.979
	=	0.63

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.

Coteccons Construction Joint Stock Company Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Coteccons Construction Joint Stock Company's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Coteccons Construction Joint Stock Company (STC:CTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Coteccons Construction Joint Stock Company (STC:CTD) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

236/6 Dien Bien Phu Street, Ward 17, Coteccons Building, Binh Thanh District, Ho Chi Minh, VNM

Website

http://www.coteccons.vn

Coteccons Construction Joint Stock Company constructs and installs civil and industrial, transportation and irrigation works, urban and industrial park infrastructure. It is also involved in the architectural design of general layout plan, civil and industrial works, indoor and outdoor, heating, ventilation, civil and industrial construction, urban infrastructure and air conditioning. The company is in the construction of water drainage and supply, environmental treatment, brokerage, consultancy, land use rights, installation of MEP system. The firm exports and imports iron, steel, building structures, materials and installation equipment, machinery, equipment, spare parts, technological line of construction industry and production of construction materials, machinery, and equipment.

Coteccons Construction Joint Stock Company (STC:CTD) Headlines

No Headlines