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Tien Phong Plastic JSC (HSTC:NTP) Days Inventory : 166.41 (As of Mar. 2024)


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What is Tien Phong Plastic JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tien Phong Plastic JSC's Average Total Inventories for the three months ended in Mar. 2024 was ₫1,229,700 Mil. Tien Phong Plastic JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫674,283 Mil. Hence, Tien Phong Plastic JSC's Days Inventory for the three months ended in Mar. 2024 was 166.41.

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

HSTC:NTP' s Days Inventory Range Over the Past 10 Years
Min: 85.52   Med: 103.5   Max: 135.82
Current: 125

During the past 13 years, Tien Phong Plastic JSC's highest Days Inventory was 135.82. The lowest was 85.52. And the median was 103.50.

HSTC:NTP's Days Inventory is ranked worse than
75.84% of 1391 companies
in the Construction industry
Industry Median: 48.85 vs HSTC:NTP: 125.00

Tien Phong Plastic JSC's Days Inventory increased from Mar. 2023 (136.64) to Mar. 2024 (166.41). It might indicate that Tien Phong Plastic JSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tien Phong Plastic JSC's Inventory Turnover for the three months ended in Mar. 2024 was 0.55.

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. Tien Phong Plastic JSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.30.


Tien Phong Plastic JSC Days Inventory Historical Data

The historical data trend for Tien Phong Plastic 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.

Tien Phong Plastic JSC Days Inventory Chart

Tien Phong Plastic JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.56 101.20 85.52 111.20 135.82

Tien Phong Plastic JSC Quarterly Data
Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 136.64 119.91 104.51 108.55 166.41

Competitive Comparison of Tien Phong Plastic JSC's Days Inventory

For the Building Products & Equipment subindustry, Tien Phong Plastic 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.


Tien Phong Plastic JSC's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tien Phong Plastic JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tien Phong Plastic JSC's Days Inventory falls into.



Tien Phong Plastic JSC Days Inventory Calculation

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

Tien Phong Plastic 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
=( (1535149.438 + 1158634.824) / 2 ) / 3619645.132*365
=1346892.131 / 3619645.132*365
=135.82

Tien Phong Plastic 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
=( (1158634.824 + 1300765.065) / 2 ) / 674282.656*365 / 4
=1229699.9445 / 674282.656*365 / 4
=166.41

* 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.


Tien Phong Plastic JSC  (HSTC:NTP) 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.

Tien Phong Plastic JSC's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Tien Phong Plastic JSC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1229699.9445 / 948714.139
=1.30

* 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.


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.


Tien Phong Plastic JSC Days Inventory Related Terms

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


Tien Phong Plastic JSC (HSTC:NTP) Business Description

Traded in Other Exchanges
N/A
Address
No.2 An Da, Lach Tray Ward, Ngo Quyen District, Hai Phong, VNM
Tien Phong Plastic JSC manufactures and trades plastic products for use in civil consumption, construction, industrial, agricultural, fisheries, and transportation. Business activity is primarily operated through Vietnam. Its products include plastic pipes, tubes, and fittings such as solvent cement joint pipe, pipe with gasket, Clean out, traped flange, valve PVC fence, and others.

Tien Phong Plastic JSC (HSTC:NTP) Headlines

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