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Gold of Yakutia OJSC (MIC:ZOYA) Inventory Turnover : 0.43 (As of Dec. 2012)


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What is Gold of Yakutia OJSC 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. Gold of Yakutia OJSC's Cost of Goods Sold for the three months ended in Dec. 2012 was ₽77.44 Mil. Gold of Yakutia OJSC's Average Total Inventories for the quarter that ended in Dec. 2012 was ₽180.49 Mil. Gold of Yakutia OJSC's Inventory Turnover for the quarter that ended in Dec. 2012 was 0.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gold of Yakutia OJSC's Days Inventory for the three months ended in Dec. 2012 was 212.67.

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. Gold of Yakutia OJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2012 was 1.88.

Gold of Yakutia OJSC Inventory Turnover Historical Data

The historical data trend for Gold of Yakutia OJSC'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.

Gold of Yakutia OJSC Inventory Turnover Chart

Gold of Yakutia OJSC Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Inventory Turnover
Get a 7-Day Free Trial 9.90 1.55 2.00 1.30 0.91

Gold of Yakutia OJSC Quarterly Data
Dec11 Dec12
Inventory Turnover 0.83 0.43

Gold of Yakutia OJSC Inventory Turnover Calculation

Gold of Yakutia OJSC's Inventory Turnover for the fiscal year that ended in Dec. 2012 is calculated as

Inventory Turnover (A: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2012 ) / ((Total Inventories (A: Dec. 2011 ) + Total Inventories (A: Dec. 2012 )) / count )
=164.151 / ((213.291 + 147.692) / 2 )
=164.151 / 180.4915
=0.91

Gold of Yakutia OJSC's Inventory Turnover for the quarter that ended in Dec. 2012 is calculated as

Inventory Turnover (Q: Dec. 2012 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2012 ) / ((Total Inventories (Q: Dec. 2011 ) + Total Inventories (Q: Dec. 2012 )) / count )
=77.444 / ((213.291 + 147.692) / 2 )
=77.444 / 180.4915
=0.43

* 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.

Gold of Yakutia OJSC  (MIC:ZOYA) 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.

Gold of Yakutia OJSC's Days Inventory for the three months ended in Dec. 2012 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2012 )/Cost of Goods Sold (Q: Dec. 2012 )*Days in Period
=180.4915/77.444*365 / 4
=212.67

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.

Gold of Yakutia OJSC's Inventory to Revenue for the quarter that ended in Dec. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2012 ) / Revenue (Q: Dec. 2012 )
=180.4915 / 96.255
=1.88

* 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.

Gold of Yakutia OJSC Inventory Turnover Related Terms

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Gold of Yakutia OJSC (MIC:ZOYA) Business Description

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