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PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Days Inventory

: 233.07 (As of Jun. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). PJSC Mining & Metallurgical Co Norilsk Nickel's Average Total Inventories for the six months ended in Jun. 2023 was €4,139 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's Cost of Goods Sold for the six months ended in Jun. 2023 was €3,241 Mil. Hence, PJSC Mining & Metallurgical Co Norilsk Nickel's Days Inventory for the six months ended in Jun. 2023 was 233.07.

The historical rank and industry rank for PJSC Mining & Metallurgical Co Norilsk Nickel's Days Inventory or its related term are showing as below:

WBO:MNOD' s Days Inventory Range Over the Past 10 Years
Min: 110.44   Med: 166.11   Max: 250.13
Current: 250.13

During the past 13 years, PJSC Mining & Metallurgical Co Norilsk Nickel's highest Days Inventory was 250.13. The lowest was 110.44. And the median was 166.11.

WBO:MNOD's Days Inventory is ranked worse than
88.55% of 664 companies
in the Metals & Mining industry
Industry Median: 86.49 vs WBO:MNOD: 250.13

PJSC Mining & Metallurgical Co Norilsk Nickel's Days Inventory increased from Jun. 2022 (220.04) to Jun. 2023 (233.07). It might indicate that PJSC Mining & Metallurgical Co Norilsk Nickel's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. PJSC Mining & Metallurgical Co Norilsk Nickel's Inventory Turnover for the six months ended in Jun. 2023 was 0.78.

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. PJSC Mining & Metallurgical Co Norilsk Nickel's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.63.


PJSC Mining & Metallurgical Co Norilsk Nickel Days Inventory Historical Data

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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.

* Premium members only.

PJSC Mining & Metallurgical Co Norilsk Nickel Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 173.17 165.75 181.91 160.32 211.24

PJSC Mining & Metallurgical Co Norilsk Nickel Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 155.94 170.77 220.04 303.33 233.07

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, PJSC Mining & Metallurgical Co Norilsk Nickel'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.

   

PJSC Mining & Metallurgical Co Norilsk Nickel Days Inventory Distribution

For the Metals & Mining industry and Basic Materials sector, PJSC Mining & Metallurgical Co Norilsk Nickel's Days Inventory distribution charts can be found below:

* The bar in red indicates where PJSC Mining & Metallurgical Co Norilsk Nickel's Days Inventory falls in comparison to its industry or sector. The grey bar indicates the Days Inventory's extreme value range as defined by GuruFocus.



PJSC Mining & Metallurgical Co Norilsk Nickel Days Inventory Calculation

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

PJSC Mining & Metallurgical Co Norilsk Nickel's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (2668.189 + 4407.961) / 2 ) / 6113.395*365
=3538.075 / 6113.395*365
=211.24

PJSC Mining & Metallurgical Co Norilsk Nickel's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (4407.961 + 3869.216) / 2 ) / 3240.653*365 / 2
=4138.5885 / 3240.653*365 / 2
=233.07

* 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.


PJSC Mining & Metallurgical Co Norilsk Nickel  (WBO:MNOD) 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.

PJSC Mining & Metallurgical Co Norilsk Nickel's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

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.

PJSC Mining & Metallurgical Co Norilsk Nickel's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

* 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

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.


PJSC Mining & Metallurgical Co Norilsk Nickel Days Inventory Related Terms

Thank you for viewing the detailed overview of PJSC Mining & Metallurgical Co Norilsk Nickel's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Business Description

PJSC Mining & Metallurgical Co Norilsk Nickel logo
Traded in Other Exchanges
Address
15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100
PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Headlines

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