Binh Minh Plastics JSC (STC:BMP) Days Inventory : 57.48 (As of Mar. 2024)

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What is Binh Minh Plastics JSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Binh Minh Plastics JSC's Average Total Inventories for the three months ended in Mar. 2024 was ₫363,954 Mil. Binh Minh Plastics JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫577,796 Mil. Hence, Binh Minh Plastics JSC's Days Inventory for the three months ended in Mar. 2024 was 57.48.

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

STC:BMP' s Days Inventory Range Over the Past 10 Years
Min: 45.13 Med: 56.06 Max: 77.46
Current: 55.08

During the past 13 years, Binh Minh Plastics JSC's highest Days Inventory was 77.46. The lowest was 45.13. And the median was 56.06.

STC:BMP's Days Inventory is ranked worse than
53.26% of 1395 companies
in the Construction industry
Industry Median: 48.56 vs STC:BMP: 55.08

Binh Minh Plastics JSC's Days Inventory increased from Mar. 2023 (48.87) to Mar. 2024 (57.48). It might indicate that Binh Minh Plastics JSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Binh Minh Plastics JSC's Inventory Turnover for the three months ended in Mar. 2024 was 1.59.

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. Binh Minh Plastics JSC's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.36.

Binh Minh Plastics JSC Days Inventory Historical Data

The historical data trend for Binh Minh Plastics 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.

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Binh Minh Plastics JSC Days Inventory Chart

Binh Minh Plastics JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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55.64

45.13

48.15

51.95

56.48

Binh Minh Plastics 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															48.87	49.02	83.22	46.36	57.48

Competitive Comparison of Binh Minh Plastics JSC's Days Inventory

For the Building Products & Equipment subindustry, Binh Minh Plastics 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.

Binh Minh Plastics JSC's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Binh Minh Plastics JSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Binh Minh Plastics JSC's Days Inventory falls into.

Binh Minh Plastics JSC Days Inventory Calculation

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

Binh Minh Plastics 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
=	( (576848.24	+	364225.974)	/	2 )	/	3040564.4	*	365
=	470537.107					/	3040564.4	*	365
=	56.48

Binh Minh Plastics 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
=	( (364225.974	+	363681.201)	/	2 )	/	577795.682	*	365 / 4
=	363953.5875					/	577795.682	*	365 / 4
=	57.48

Binh Minh Plastics JSC (STC:BMP) 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.

Binh Minh Plastics JSC's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	577795.682	/	363953.5875
	=	1.59

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.

Binh Minh Plastics JSC's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	363953.5875	/	1002851.022
	=	0.36

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.

Binh Minh Plastics JSC Days Inventory Related Terms

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

Binh Minh Plastics JSC (STC:BMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Binh Minh Plastics JSC (STC:BMP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

240 Hau Giang Street, Ward 9, District 6, Ho Chi Minh City, VNM

Website

http://www.binhminhplastic.com.vn

Binh Minh Plastics JSC is engaged in the manufacture and trade of civil and industrial products made of plastic and rubber. Its products include uPVC pipes and fittings, HPPE pipes, Rubber seal products, Aerosol & workwear caps, Glue products uPVC and others. It also manufactures and trades moulds for the plastic and casting industries. In addition, it is involved in the consultancy and execution of water drainage, yards, and warehouses; transportation of goods by road; and provision of laboratory equipment and advertising services. The business of the group is functioned through Vietnam.

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