PAO Sovcomflot (MIC:FLOT) Days Inventory: 29.51 (As of Jun. 2023)


MIC:FLOT PAO Sovcomflot MIC:FLOT
17 GF Score
Price ₽75.37
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What is PAO Sovcomflot Days Inventory?

PAO Sovcomflot MIC:FLOT -0.70% 17 Days Inventory is 29.51 as of Jun. 2023. GuruFocus rates MIC:FLOT with a GF Score™ of 17/100.

Days Inventory is also known as Days Sales of Inventory (DSI). PAO Sovcomflot's Average Total Inventories for the six months ended in Jun. 2023 was ₽3,971 Mil. PAO Sovcomflot's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽24,563 Mil. Hence, PAO Sovcomflot's Days Inventory for the six months ended in Jun. 2023 was 29.51.

The historical rank and industry rank for PAO Sovcomflot's Days Inventory or its related term are showing as below:

MIC:FLOT's Days Inventory is not ranked *
in the Oil & Gas industry.
Industry Median: 31.01
* Ranked among companies with meaningful Days Inventory only.

PAO Sovcomflot's Days Inventory increased from Jun. 2021 (27.25) to Jun. 2023 (29.51). It might indicate that PAO Sovcomflot's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PAO Sovcomflot's Inventory Turnover for the six months ended in Jun. 2023 was 6.19.

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. PAO Sovcomflot's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.04.


PAO Sovcomflot  (MIC:FLOT) 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.

PAO Sovcomflot's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

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.

PAO Sovcomflot's Inventory to Revenue for the six months ended in Jun. 2023 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.


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.


PAO Sovcomflot Days Inventory Related Terms


PAO Sovcomflot Days Inventory Historical Data

* Premium members only.

The historical data trend for PAO Sovcomflot'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.

PAO Sovcomflot Days Inventory Chart

PAO Sovcomflot Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only 18.59 18.40 20.64 15.18 16.87

PAO Sovcomflot Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 23.90 10.37 27.25 14.67 29.51

MIC:FLOT vs EPD, WMB, ET: Days Inventory Comparison

For the Oil & Gas Midstream subindustry, PAO Sovcomflot'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.


PAO Sovcomflot Days Inventory vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PAO Sovcomflot's Days Inventory distribution charts can be found below:

* The bar in red indicates where PAO Sovcomflot's Days Inventory falls into.


MIC:FLOT
17GF Score
PAO Sovcomflot MIC:FLOT
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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PAO Sovcomflot Days Inventory Calculation

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

PAO Sovcomflot's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (3295.959 + 4718.606) / 2 ) / 86724.791*365
=4007.2825 / 86724.791*365
=16.87

PAO Sovcomflot'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: Dec. 2021 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (4718.606 + 3223.798) / 2 ) / 24562.689*365 / 2
=3971.202 / 24562.689*365 / 2
=29.51

* 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 29.51 mean?
PAO Sovcomflot (MIC:FLOT) has a Days Inventory of 29.51 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on PAO Sovcomflot and its competitors.
Is PAO Sovcomflot's Days Inventory too high?
PAO Sovcomflot's current Days Inventory is 29.51. The Oil & Gas industry median Days Inventory is 31.01. PAO Sovcomflot's value of 29.51 is 4.8% below this industry median. Overall, PAO Sovcomflot has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PAO Sovcomflot's Days Inventory compare to EPD and WMB?
PAO Sovcomflot's Days Inventory of 29.51 can be compared against companies in the Oil & Gas industry. The industry median Days Inventory is 31.01. PAO Sovcomflot's value of 29.51 is 4.8% below 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 Oil & Gas company?
The median Days Inventory among Oil & Gas companies is 31.01, based on 687 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. PAO Sovcomflot's current Days Inventory of 29.51 is 4.8% below 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 PAO Sovcomflot and its competitors. For the Oil & Gas industry, the median Days Inventory is 31.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PAO Sovcomflot's current Days Inventory is 29.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PAO Sovcomflot stock overvalued right now?
PAO Sovcomflot (MIC:FLOT) has a current Days Inventory of 29.51. The current Days Inventory is 29.51 and 4.8% below the Oil & Gas industry median of 31.01. PAO Sovcomflot's overall GF Score™ is 17/100. 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 PAO Sovcomflot (MIC:FLOT), the current Days Inventory is 29.51 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.

PAO Sovcomflot Business Description

Industry EnergyOil & Gas
Address 6 Gasheka Street, Moscow, RUS, 125047
PAO Sovcomflot is a shipping company. It provides maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil and gas production. The company's operating segment includes Offshore services; Gas transportation; Crude oil transportation; Oil products transportation and others. It generates maximum revenue from the Offshore services segment.
17GF Score

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