Thac Mo Hydro Power JSC (STC:TMP) Inventory Turnover : 63.82 (As of Mar. 2024)

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What is Thac Mo Hydro Power JSC 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. Thac Mo Hydro Power JSC's Cost of Goods Sold for the three months ended in Mar. 2024 was ₫52,510 Mil. Thac Mo Hydro Power JSC's Average Total Inventories for the quarter that ended in Mar. 2024 was ₫823 Mil. Thac Mo Hydro Power JSC's Inventory Turnover for the quarter that ended in Mar. 2024 was 63.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Thac Mo Hydro Power JSC's Days Inventory for the three months ended in Mar. 2024 was 1.43.

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. Thac Mo Hydro Power JSC's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

Thac Mo Hydro Power JSC Inventory Turnover Historical Data

The historical data trend for Thac Mo Hydro Power JSC'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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Thac Mo Hydro Power JSC Inventory Turnover Chart

Thac Mo Hydro Power JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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79.41

81.91

129.90

146.70

186.59

Thac Mo Hydro Power JSC 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															21.33	26.71	31.40	66.14	63.82

Thac Mo Hydro Power JSC Inventory Turnover Calculation

Thac Mo Hydro Power JSC'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 )
=	315160.811	/ (	(2650.097	+	727.99)	/	2 )
=	315160.811	/	1689.0435
=	186.59

Thac Mo Hydro Power JSC'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 )
=	52510.479	/ (	(727.99	+	917.547)	/	2 )
=	52510.479	/	822.7685
=	63.82

Thac Mo Hydro Power JSC (STC:TMP) 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.

Thac Mo Hydro Power JSC'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
	=	822.7685	/	52510.479	*	365 / 4
	=	1.43

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.

Thac Mo Hydro Power JSC'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 )
	=	822.7685	/	112063.786
	=	0.01

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.

Thac Mo Hydro Power JSC Inventory Turnover Related Terms

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Thac Mo Hydro Power JSC (STC:TMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Thac Mo Hydro Power JSC (STC:TMP) » Definitions » Inventory Turnover

Traded in Other Exchanges

N/A

Address

Area 5, Phuoc Long Town, Binh Phuoc Province, Ho Chi Minh City, VNM

Website

http://www.tmhpp.com.vn

Thac Mo Hydro Power JSC is a Vietnam based company engaged in the business activity of generating and trading electricity. It also trades hydroelectrical equipment and maintains and operates a power plant. The other activities in which the organization is involved are investing in power source projects and Consulting on the establishment, management and supervision of construction projects.