EVRAZ (EVRZF) Inventory Turnover : 2.46 (As of Jun. 2022)

View and export this data going back to 2011. Start your Free Trial

What is EVRAZ 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. EVRAZ's Cost of Goods Sold for the six months ended in Jun. 2022 was $4,848 Mil. EVRAZ's Average Total Inventories for the quarter that ended in Jun. 2022 was $1,972 Mil. EVRAZ's Inventory Turnover for the quarter that ended in Jun. 2022 was 2.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. EVRAZ's Days Inventory for the six months ended in Jun. 2022 was 74.22.

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. EVRAZ's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.24.

EVRAZ Inventory Turnover Historical Data

The historical data trend for EVRAZ'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.

EVRAZ Inventory Turnover Chart

EVRAZ Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

Get a 7-Day Free Trial

6.86

6.00

5.11

4.67

5.63

EVRAZ Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Inventory Turnover	Get a 7-Day Free Trial															2.51	2.10	2.97	2.61	2.46

EVRAZ Inventory Turnover Calculation

EVRAZ's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	7454	/ (	(1085	+	1565)	/	2 )
=	7454	/	1325
=	5.63

EVRAZ's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

	Inventory Turnover (Q: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2022 )	/ (	(Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )
=	4848	/ (	(1565	+	2378)	/	2 )
=	4848	/	1971.5
=	2.46

EVRAZ (OTCPK:EVRZF) 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.

EVRAZ's Days Inventory for the six months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
	=	1971.5	/	4848	*	365 / 2
	=	74.22

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.

EVRAZ's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2022 )	/	Revenue (Q: Jun. 2022 )
	=	1971.5	/	8097
	=	0.24

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.

EVRAZ Inventory Turnover Related Terms

Thank you for viewing the detailed overview of EVRAZ's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

EVRAZ (EVRZF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » EVRAZ PLC (OTCPK:EVRZF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Portman Street, London, GBR, W1H 6DU

Website

https://www.evraz.com

EVRAZ PLC is a London-based, vertically integrated steel, mining, and vanadium business. Steel products represent the majority of the company's revenue. Its steel products include semi-finished products, construction products, railway products, flat-rolled products, and others. The company has operations in the Russian Federation, Ukraine, the United States, Canada, Czech Republic, Italy, Kazakhstan, and South Africa. Among these regions, Russia, Europe, and Asia are the three biggest markets for the company and jointly account for the majority of the company's revenue. A significant portion of the company's internal consumption of iron ore and coking coal is covered by its mining operations.