No Va Land Investment Group (STC:NVL) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is No Va Land Investment Group 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. No Va Land Investment Group's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫507,525 Mil. No Va Land Investment Group's Average Total Inventories for the quarter that ended in Mar. 2024 was ₫139,908,432 Mil. No Va Land Investment Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. No Va Land Investment Group's Days Inventory for the three months ended in Mar. 2024 was 25,154.72.

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. No Va Land Investment Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 200.67.

No Va Land Investment Group Inventory Turnover Historical Data

The historical data trend for No Va Land Investment Group'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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No Va Land Investment Group Inventory Turnover Chart

No Va Land Investment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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0.18

0.04

0.09

0.06

0.03

No Va Land Investment Group 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															-	-	0.01	0.01	-

No Va Land Investment Group Inventory Turnover Calculation

No Va Land Investment Group'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 )
=	3434694.565	/ (	(134955711.974	+	138935271.808)	/	2 )
=	3434694.565	/	136945491.891
=	0.03

No Va Land Investment Group'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 )
=	507524.806	/ (	(138935271.808	+	140881592.866)	/	2 )
=	507524.806	/	139908432.337
=	0.00

No Va Land Investment Group (STC:NVL) 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.

No Va Land Investment Group'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
	=	139908432.337	/	507524.806	*	365 / 4
	=	25,154.72

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.

No Va Land Investment Group'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 )
	=	139908432.337	/	697220.829
	=	200.67

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.

No Va Land Investment Group Inventory Turnover Related Terms

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No Va Land Investment Group (STC:NVL) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » No Va Land Investment Group Corp (STC:NVL) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Building 65 Nguyen Du, Ben Nghe Ward, District 1, Ho Chi Minh, VNM

Website

https://www.novaland.com.vn

No Va Land Investment Group Corp is a real estate company. It is engaged in the investment and development of real estate properties in Vietnam. The company also provides construction for houses, railways, and road projects, and consulting brokerage, and real estate auction services.