OAOFY (Tatneft PJSC) Change In Inventory: $-368 Mil (TTM As of Jun. 2022)

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What is Tatneft PJSC Change In Inventory?

Tatneft PJSC OAOFY 17 Change In Inventory is $-368 Mil as of Jun. 2022. GuruFocus rates OAOFY with a GF Score™ of 17/100.

Tatneft PJSC's change in inventory for the quarter that ended in Jun. 2022 was $-161 Mil. It means Tatneft PJSC's inventory increased by $161 Mil from Dec. 2021 to Jun. 2022 .

Tatneft PJSC's change in inventory for the fiscal year that ended in Dec. 2021 was $-439 Mil. It means Tatneft PJSC's inventory increased by $439 Mil from Dec. 2020 to Dec. 2021 .

Tatneft PJSC's Total Inventories for the quarter that ended in Jun. 2022 was $1,204 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tatneft PJSC's Days Inventory for the quarter that ended in Jun. 2022 was 145.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tatneft PJSC's Inventory Turnover for the quarter that ended in Jun. 2022 was 1.26.

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. Tatneft PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.09.

Tatneft PJSC (OTCPK:OAOFY) Change In Inventory Explanation

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

Tatneft PJSC's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1150.2995	/	1444.949	*	365 / 2
	=	145.29

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1444.949	/	1150.2995
	=	1.26

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1150.2995	/	12553.147
	=	0.09

* 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.

Tatneft PJSC Change In Inventory Related Terms

Tatneft PJSC Change In Inventory Historical Data

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The historical data trend for Tatneft PJSC's Change In Inventory can be seen below:

Tatneft PJSC Change In Inventory Chart

Tatneft PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Inventory

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-104.17

-158.44

-23.59

111.40

-439.13

Tatneft PJSC Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Change In Inventory	Get a 7-Day Free Trial															128.84	-9.57	-233.70	-206.79	-160.96

17GF Score

Tatneft PJSC OAOFY

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Tatneft PJSC 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 Jun. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-368 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of $-368 Mil mean?

Tatneft PJSC (OAOFY) has a Change In Inventory of $-368 Mil as of Jun. 2022. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Tatneft PJSC and its competitors.

Is Tatneft PJSC's Change In Inventory too high?

Tatneft PJSC's current Change In Inventory is $-368 Mil. Overall, Tatneft PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does Tatneft PJSC's Change In Inventory compare to XOM and CVX?

Tatneft PJSC's Change In Inventory of $-368 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 Tatneft PJSC and its competitors. Tatneft PJSC's current Change In Inventory is $-368 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tatneft PJSC stock overvalued right now?

Tatneft PJSC (OAOFY) has a current Change In Inventory of $-368 Mil. The current Change In Inventory is $-368 Mil. Tatneft PJSC's overall GF Score™ is 17/100. 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 Tatneft PJSC (OAOFY), the current Change In Inventory is $-368 Mil as of Jun. 2022. 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.

Tatneft PJSC Business Description

Industry Energy Oil & Gas

Comparable Companies MIC:YAKG SAU:2222 XOM CVX LSE:SHEL SHSE:601857 XPAR:TTE LSE:BP.HKSE:00386 OSL:EQNR BSP:PETR3 ADX:ADNOCGAS MIL:ENI TSX:SU TSX:CVE TSX:IMO BKK:PTT BOM:500312 BOG:ECOPETROL WAR:PKN

Address 75 Lenin Street, Republic of Tatarstan, Almetyevsk, RUS, 423450

Website https://www.tatneft.ru

Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.

17GF Score

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$9.55

Price

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