Federal Grid Company Rosseti PJSC (MIC:FEES) Days Inventory: 23.62 (As of Jun. 2023)


MIC:FEES Federal Grid Company Rosseti PJSC MIC:FEES
55 GF Score
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What is Federal Grid Company Rosseti PJSC Days Inventory?

Federal Grid Company Rosseti PJSC MIC:FEES -1.30% 55 Days Inventory is 23.62 as of Jun. 2023. GuruFocus rates MIC:FEES with a GF Score™ of 55/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Federal Grid Company Rosseti PJSC's Average Total Inventories for the six months ended in Jun. 2023 was ₽35,714 Mil. Federal Grid Company Rosseti PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽275,972 Mil. Hence, Federal Grid Company Rosseti PJSC's Days Inventory for the six months ended in Jun. 2023 was 23.62.

The historical rank and industry rank for Federal Grid Company Rosseti PJSC's Days Inventory or its related term are showing as below:

MIC:FEES's Days Inventory is not ranked *
in the Utilities - Regulated industry.
Industry Median: 22.56
* Ranked among companies with meaningful Days Inventory only.

Federal Grid Company Rosseti PJSC's Days Inventory declined from Dec. 2020 (114.57) to Jun. 2023 (23.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Federal Grid Company Rosseti PJSC's Inventory Turnover for the six months ended in Jun. 2023 was 7.73.

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. Federal Grid Company Rosseti PJSC's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.05.

Federal Grid Company Rosseti PJSC  (MIC:FEES) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Federal Grid Company Rosseti PJSC's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=275972 / 35714
=7.73

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.

Federal Grid Company Rosseti PJSC's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=35714 / 677438
=0.05

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Federal Grid Company Rosseti PJSC Days Inventory Related Terms

Federal Grid Company Rosseti PJSC Days Inventory Historical Data

* Premium members only.

The historical data trend for Federal Grid Company Rosseti PJSC's Days 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.

Federal Grid Company Rosseti PJSC Days Inventory Chart

Federal Grid Company Rosseti PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.11 99.98 98.37 116.87 118.99

Federal Grid Company Rosseti PJSC Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun23
Days 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 103.61 133.50 114.57 120.49 23.62

MIC:FEES vs NEE, SO, DUK: Days Inventory Comparison

For the Utilities - Regulated Electric subindustry, Federal Grid Company Rosseti PJSC's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Federal Grid Company Rosseti PJSC Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Federal Grid Company Rosseti PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Federal Grid Company Rosseti PJSC's Days Inventory falls into.


MIC:FEES
55GF Score
Federal Grid Company Rosseti PJSC MIC:FEES
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Federal Grid Company Rosseti PJSC Days Inventory Calculation

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

Federal Grid Company Rosseti PJSC's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (16968 + 17526) / 2 ) / 52904*365
=17247 / 52904*365
=118.99

Federal Grid Company Rosseti PJSC's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (19748 + 51680) / 2 ) / 275972*365 / 2
=35714 / 275972*365 / 2
=23.62

* 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 Days Inventory →
What does a Days Inventory of 23.62 mean?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a Days Inventory of 23.62 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Federal Grid Company Rosseti PJSC and its competitors.
Is Federal Grid Company Rosseti PJSC's Days Inventory too high?
Federal Grid Company Rosseti PJSC's current Days Inventory is 23.62. The Utilities - Regulated industry median Days Inventory is 22.56. Federal Grid Company Rosseti PJSC's value of 23.62 is 4.7% above this industry median. Overall, Federal Grid Company Rosseti PJSC has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Federal Grid Company Rosseti PJSC's Days Inventory compare to NEE and SO?
Federal Grid Company Rosseti PJSC's Days Inventory of 23.62 can be compared against companies in the Utilities - Regulated industry. The industry median Days Inventory is 22.56. Federal Grid Company Rosseti PJSC's value of 23.62 is 4.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.56, based on 452 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Federal Grid Company Rosseti PJSC's current Days Inventory of 23.62 is 4.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Federal Grid Company Rosseti PJSC and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Grid Company Rosseti PJSC's current Days Inventory is 23.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Grid Company Rosseti PJSC stock overvalued right now?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a current Days Inventory of 23.62. The current Days Inventory is 23.62 and 4.7% above the Utilities - Regulated industry median of 22.56. Federal Grid Company Rosseti PJSC's overall GF Score™ is 55/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Federal Grid Company Rosseti PJSC (MIC:FEES), the current Days Inventory is 23.62 as of Jun. 2023. 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.

Federal Grid Company Rosseti PJSC Business Description

Address 5A, Akademika Chelomeya Street, Moscow, RUS, 117630
Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.
55GF Score

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