GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) » Definitions » Total Inventories

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Total Inventories : €3,500 Mil (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is PJSC Mining & Metallurgical Co Norilsk Nickel Total Inventories?

PJSC Mining & Metallurgical Co Norilsk Nickel's total inventories for the quarter that ended in Dec. 2023 was €3,500 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was €3,685 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PJSC Mining & Metallurgical Co Norilsk Nickel's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was €-7.81.

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 six months ended in Dec. 2023 was 207.62.

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 quarter that ended in Dec. 2023 was 0.88.

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 quarter that ended in Dec. 2023 was 0.55.


PJSC Mining & Metallurgical Co Norilsk Nickel Total Inventories Historical Data

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel's Total Inventories 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 Total Inventories Chart

PJSC Mining & Metallurgical Co Norilsk Nickel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,227.50 1,789.54 2,678.01 4,668.08 3,500.19

PJSC Mining & Metallurgical Co Norilsk Nickel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories 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 2,678.01 5,153.81 4,668.08 3,869.22 3,500.19

PJSC Mining & Metallurgical Co Norilsk Nickel Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


PJSC Mining & Metallurgical Co Norilsk Nickel  (WBO:MNOD) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

PJSC Mining & Metallurgical Co Norilsk Nickel's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1964.214+0.75 * 610.722+0.5 * 3500.189-14658.245
-0-1099.483)/1482.73
=-7.81

2. 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 six 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
=3684.7025/3238.844*365 / 2
=207.62

3. 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 quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=3238.844 / 3684.7025
=0.88

4. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=3684.7025 / 6646.416
=0.55

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


PJSC Mining & Metallurgical Co Norilsk Nickel Total Inventories Related Terms

Thank you for viewing the detailed overview of PJSC Mining & Metallurgical Co Norilsk Nickel's Total Inventories 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

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

No Headlines