Slovnaft AS (LTS:0MZI) Change In Inventory: €-7.73 Mil (TTM As of Dec. 2019)

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What is Slovnaft AS Change In Inventory?

Slovnaft AS LTS:0MZI 8 Change In Inventory is €-7.73 Mil as of Dec. 2019. GuruFocus rates LTS:0MZI with a GF Score™ of 8/100. The stock has 5 warning signs investors should review.

Slovnaft AS's change in inventory for the quarter that ended in Dec. 2019 was €-30.71 Mil. It means Slovnaft AS's inventory increased by €30.71 Mil from Jun. 2019 to Dec. 2019 .

Slovnaft AS's change in inventory for the fiscal year that ended in Dec. 2019 was €-7.73 Mil. It means Slovnaft AS's inventory increased by €7.73 Mil from Dec. 2018 to Dec. 2019 .

Slovnaft AS's Total Inventories for the quarter that ended in Dec. 2019 was €308.91 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Slovnaft AS's Days Inventory for the quarter that ended in Dec. 2019 was 34.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Slovnaft AS's Inventory Turnover for the quarter that ended in Dec. 2019 was 5.26.

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. Slovnaft AS's Inventory-to-Revenue for the quarter that ended in Dec. 2019 was 0.16.


Slovnaft AS  (LTS:0MZI) Change In Inventory Explanation

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

Slovnaft AS's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=294.4555/1549.931*365 / 2
=34.67

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Slovnaft AS's Inventory Turnover for the quarter that ended in Dec. 2019 is calculated as

3. 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.

Slovnaft AS's Inventory to Revenue for the quarter that ended in Dec. 2019 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.


Slovnaft AS Change In Inventory Related Terms


Slovnaft AS Change In Inventory Historical Data

* Premium members only.

The historical data trend for Slovnaft AS's Change In 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.

Slovnaft AS Change In Inventory Chart

Slovnaft AS Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.14 -43.21 -12.11 -39.77 -7.73

Slovnaft AS Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Change In Inventory 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 9.03 -31.72 -8.06 22.98 -30.71

Slovnaft AS Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-7.73 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of €-7.73 Mil mean?
Slovnaft AS (LTS:0MZI) has a Change In Inventory of €-7.73 Mil as of Dec. 2019. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Slovnaft AS and its competitors.
Is Slovnaft AS's Change In Inventory too high?
Slovnaft AS's current Change In Inventory is €-7.73 Mil. Overall, Slovnaft AS has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Slovnaft AS's Change In Inventory compare to NGL and INT?
Slovnaft AS's Change In Inventory of €-7.73 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Oil & Gas company?
A good Change In Inventory depends on the Oil & Gas industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Slovnaft AS and its competitors. Slovnaft AS's current Change In Inventory is €-7.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slovnaft AS stock overvalued right now?
Slovnaft AS (LTS:0MZI) has a current Change In Inventory of €-7.73 Mil. The current Change In Inventory is €-7.73 Mil. Slovnaft AS's overall GF Score™ is 8/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Slovnaft AS (LTS:0MZI), the current Change In Inventory is €-7.73 Mil as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Slovnaft AS Business Description

Industry EnergyOil & Gas
Address Vlcie hrdlo 1, Bratislava, SVK, 824 12
Slovnaft AS is engaged in processing crude oil and motor fuels, heating oils and other products, their distribution and sale to wholesale customers as well as to end-customers through its own network of service stations. The group manages its operations in the following segments: Refining and Marketing, Retail, and Other segments. Refining and Marketing segment processes crude oil and markets refinery products and plastics. The retail segment operates a network of petrol stations. It generates maximum revenue from the Refining and Marketing segment. Geographically, it derives a majority of revenue from the Slovak Republic and also has a presence in Czech Republic, Austria, Hungary, Poland, Germany, Italy, Croatia, Romania, The Netherlands, Serbia, and Other Countries.