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Volgogradenergosbyt PJSC (MIC:VGSB) Inventory Turnover : 92.28 (As of Dec. 2023)


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What is Volgogradenergosbyt PJSC 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. Volgogradenergosbyt PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₽8,040 Mil. Volgogradenergosbyt PJSC's Average Total Inventories for the quarter that ended in Dec. 2023 was ₽87 Mil. Volgogradenergosbyt PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 92.28.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Volgogradenergosbyt PJSC's Days Inventory for the three months ended in Dec. 2023 was 0.99.

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. Volgogradenergosbyt PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.


Volgogradenergosbyt PJSC Inventory Turnover Historical Data

The historical data trend for Volgogradenergosbyt PJSC'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.

* Premium members only.

Volgogradenergosbyt PJSC Inventory Turnover Chart

Volgogradenergosbyt PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,945.00 4,476.38 3,997.91 652.70 346.35

Volgogradenergosbyt PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Inventory Turnover 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 505.27 141.79 129.37 - 92.28

Volgogradenergosbyt PJSC Inventory Turnover Calculation

Volgogradenergosbyt PJSC'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 )
=30418.108 / ((78.647 + 97.002) / 2 )
=30418.108 / 87.8245
=346.35

Volgogradenergosbyt PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=8040.316 / ((77.252 + 97.002) / 2 )
=8040.316 / 87.127
=92.28

* 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.


Volgogradenergosbyt PJSC  (MIC:VGSB) 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.

Volgogradenergosbyt PJSC's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=87.127/8040.316*365 / 4
=0.99

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.

Volgogradenergosbyt PJSC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=87.127 / 9061.762
=0.01

* 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

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.


Volgogradenergosbyt PJSC Inventory Turnover Related Terms

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Volgogradenergosbyt PJSC (MIC:VGSB) Business Description

Traded in Other Exchanges
Address
ul. Kozlovskaya, d. 14, Volgograd, RUS, 400001
Volgogradenergosbyt PJSC purchases and sells electricity to industrial consumers in the wholesale and retail markets.

Volgogradenergosbyt PJSC (MIC:VGSB) Headlines

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