Tu Liem Urban Development JSC (STC:NTL) Inventory Turnover : 0.02 (As of Mar. 2024)

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What is Tu Liem Urban Development 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. Tu Liem Urban Development JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫15,398 Mil. Tu Liem Urban Development JSC's Average Total Inventories for the quarter that ended in Mar. 2024 was ₫996,339 Mil. Tu Liem Urban Development JSC's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.02.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tu Liem Urban Development JSC's Days Inventory for the three months ended in Mar. 2024 was 5,904.57.

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. Tu Liem Urban Development JSC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 27.09.

Tu Liem Urban Development JSC Inventory Turnover Historical Data

The historical data trend for Tu Liem Urban Development 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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Tu Liem Urban Development JSC Inventory Turnover Chart

Tu Liem Urban Development JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.45

0.21

0.19

0.35

Tu Liem Urban Development 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															0.05	0.03	0.03	0.23	0.02

Tu Liem Urban Development JSC Inventory Turnover Calculation

Tu Liem Urban Development 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 )
=	400601.195	/ (	(1255770.196	+	1010072.866)	/	2 )
=	400601.195	/	1132921.531
=	0.35

Tu Liem Urban Development 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 )
=	15397.553	/ (	(1010072.866	+	982605.277)	/	2 )
=	15397.553	/	996339.0715
=	0.02

Tu Liem Urban Development JSC (STC:NTL) 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.

Tu Liem Urban Development 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
	=	996339.0715	/	15397.553	*	365 / 4
	=	5,904.57

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.

Tu Liem Urban Development 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 )
	=	996339.0715	/	36783.451
	=	27.09

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.

Tu Liem Urban Development JSC Inventory Turnover Related Terms

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Tu Liem Urban Development JSC (STC:NTL) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tu Liem Urban Development JSC (STC:NTL) » Definitions » Inventory Turnover

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Address

No.9B1, 2a Floor, Dich Vong urban area, Dich Vong Wrad, Cau Giay District, Hanoi, VNM

Website

http://www.lideco.vn

Tu Liem Urban Development JSC is a Vietnam based construction service provider. It is involved in investment, development, construction of residential, commercial and industrial properties which include industrial, transportation, entertainment facilities and others. In addition, the organization also offers construction investment consultancy like project management, investment planning, project construction design, project and equipment appraisal and others.

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