Yandex NV (Yandex NV) Inventory Turnover : 0.04 (As of Mar. 2024)

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What is Yandex NV 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. Yandex NV's Cost of Goods Sold for the three months ended in Mar. 2024 was $9 Mil. Yandex NV's Average Total Inventories for the quarter that ended in Mar. 2024 was $236 Mil. Yandex NV's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yandex NV's Days Inventory for the three months ended in Mar. 2024 was 2,430.42.

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. Yandex NV's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 20.65.

Yandex NV Inventory Turnover Historical Data

The historical data trend for Yandex NV'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.

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Yandex NV Inventory Turnover Chart

Yandex NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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106.85

29.66

24.23

12.90

11.45

Yandex NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.02	2.95	3.48	5.41	0.04

Yandex NV Inventory Turnover Calculation

Yandex NV'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 )
=	3990.17	/ (	(461.111	+	235.797)	/	2 )
=	3990.17	/	348.454
=	11.45

Yandex NV's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	8.853	/ (	(235.797	+	0)	/	1 )
=	8.853	/	235.797
=	0.04

Yandex NV (NAS:YNDX) 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.

Yandex NV's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	235.797	/	8.853	*	365 / 4
	=	2,430.42

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.

Yandex NV's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	235.797	/	11.421
	=	20.65

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.

Yandex NV Inventory Turnover Related Terms

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Yandex NV (Yandex NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Yandex NV (NAS:YNDX) » Definitions » Inventory Turnover

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Traded in Other Exchanges

YNDX:Russia

Address

Schiphol Boulevard 165, Schiphol P7, Schiphol, NLD, 1118 BG

Website

https://www.yandex.com

Yandex NV is an internet and technology company and operating internet search engines in Russia. It builds products and services powered by machine learning. The company operates through the following segments namely, Search and Portal; E-commerce, Mobility and Delivery; Plus and Entertainment Services; Classifieds; Media Services; Classifieds, and Other Business units. The search and Portal segment offers services in Russia, Belarus, and Kazakhstan which generates most of the revenue.