VIX Securities JSC (STC:VIX) Days Inventory : 0.10 (As of Mar. 2024)

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What is VIX Securities JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). VIX Securities JSC's Average Total Inventories for the three months ended in Mar. 2024 was ₫25 Mil. VIX Securities JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫22,991 Mil. Hence, VIX Securities JSC's Days Inventory for the three months ended in Mar. 2024 was 0.10.

The historical rank and industry rank for VIX Securities JSC's Days Inventory or its related term are showing as below:

STC:VIX' s Days Inventory Range Over the Past 10 Years
Min: 0.11 Med: 0.45 Max: 1.77
Current: 0.2

During the past 7 years, VIX Securities JSC's highest Days Inventory was 1.77. The lowest was 0.11. And the median was 0.45.

STC:VIX's Days Inventory is ranked better than
95.89% of 219 companies
in the Capital Markets industry
Industry Median: 60.84 vs STC:VIX: 0.20

VIX Securities JSC's Days Inventory declined from Mar. 2023 (0.25) to Mar. 2024 (0.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. VIX Securities JSC's Inventory Turnover for the three months ended in Mar. 2024 was 908.95.

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. VIX Securities JSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

VIX Securities JSC Days Inventory Historical Data

The historical data trend for VIX Securities JSC's Days Inventory 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.

VIX Securities JSC Days Inventory Chart

VIX Securities JSC Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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0.80

0.45

0.11

0.12

0.15

VIX Securities JSC Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															0.25	0.26	0.37	0.21	0.10

Competitive Comparison of VIX Securities JSC's Days Inventory

For the Capital Markets subindustry, VIX Securities JSC's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

VIX Securities JSC's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, VIX Securities JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where VIX Securities JSC's Days Inventory falls into.

VIX Securities JSC Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

VIX Securities JSC's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (32.615	+	30.987)	/	2 )	/	76139.955	*	365
=	31.801					/	76139.955	*	365
=	0.15

VIX Securities JSC's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (30.987	+	19.601)	/	2 )	/	22991.047	*	365 / 4
=	25.294					/	22991.047	*	365 / 4
=	0.10

VIX Securities JSC (STC:VIX) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

VIX Securities JSC's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22991.047	/	25.294
	=	908.95

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.

VIX Securities JSC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	25.294	/	178994.009
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

VIX Securities JSC Days Inventory Related Terms

Thank you for viewing the detailed overview of VIX Securities JSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

VIX Securities JSC (STC:VIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » VIX Securities JSC (STC:VIX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

8th Floor, 52 Le Dai Hanh, Le Dai Hanh Ward, Hai Ba Trung District, Hanoi, VNM

Website

https://www.ibx.vn

VIX Securities JSC, formerly IB Securities JSC provides securities brokerage services through multiple forms. The company also engages in securities trading, investment advice, custody and underwriting services.

VIX Securities JSC (STC:VIX) Headlines

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