Airports of Vietnam (HSTC:ACV) Inventory Turnover : 3.98 (As of Sep. 2023)

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What is Airports of Vietnam 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. Airports of Vietnam's Cost of Goods Sold for the three months ended in Sep. 2023 was ₫1,996,691 Mil. Airports of Vietnam's Average Total Inventories for the quarter that ended in Sep. 2023 was ₫501,868 Mil. Airports of Vietnam's Inventory Turnover for the quarter that ended in Sep. 2023 was 3.98.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Airports of Vietnam's Days Inventory for the three months ended in Sep. 2023 was 22.94.

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. Airports of Vietnam's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.09.

Airports of Vietnam Inventory Turnover Historical Data

The historical data trend for Airports of Vietnam'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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Airports of Vietnam Inventory Turnover Chart

Airports of Vietnam Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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18.99

18.68

15.00

17.13

19.73

Airports of Vietnam Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															4.74	5.44	4.05	4.41	3.98

Airports of Vietnam Inventory Turnover Calculation

Airports of Vietnam's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	7308367.535	/ (	(289723.601	+	451188.378)	/	2 )
=	7308367.535	/	370455.9895
=	19.73

Airports of Vietnam's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	1996690.812	/ (	(461197.605	+	542537.848)	/	2 )
=	1996690.812	/	501867.7265
=	3.98

Airports of Vietnam (HSTC:ACV) 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.

Airports of Vietnam's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	501867.7265	/	1996690.812	*	365 / 4
	=	22.94

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.

Airports of Vietnam's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	501867.7265	/	5327577.773
	=	0.09

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.

Airports of Vietnam Inventory Turnover Related Terms

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Airports of Vietnam (HSTC:ACV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Airports Corp. of Vietnam (HSTC:ACV) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

No. 58 Truong Son, Ward 2, Tan Binh District, Vietnam Airport Corporation Building, Ho Chi Minh, VNM

Website

https://www.vietnamairport.vn

Airports Corp. of Vietnam is engaged in managing international and domestic airports. The company is involved in investment, management of capital investments, direct manufacturing at airports, and aerodromes; Provision of services of aviation safety; Supply of technical services, science and technology services both domestic and offshore areas; and other related activities.