Kovrov Mechanical Plant PJSC (MIC:KMEZ) Days Inventory: 228.74 (As of Jun. 2023)


MIC:KMEZ Kovrov Mechanical Plant PJSC MIC:KMEZ
17 GF Score
Price ₽810.00
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What is Kovrov Mechanical Plant PJSC Days Inventory?

Kovrov Mechanical Plant PJSC MIC:KMEZ +3.05% 17 Days Inventory is 228.74 as of Jun. 2023. GuruFocus rates MIC:KMEZ with a GF Score™ of 17/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Kovrov Mechanical Plant PJSC's Average Total Inventories for the six months ended in Jun. 2023 was ₽714 Mil. Kovrov Mechanical Plant PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽569 Mil. Hence, Kovrov Mechanical Plant PJSC's Days Inventory for the six months ended in Jun. 2023 was 228.74.

The historical rank and industry rank for Kovrov Mechanical Plant PJSC's Days Inventory or its related term are showing as below:

MIC:KMEZ's Days Inventory is not ranked *
in the Aerospace & Defense industry.
Industry Median: 141.54
* Ranked among companies with meaningful Days Inventory only.

Kovrov Mechanical Plant PJSC's Days Inventory increased from Dec. 2021 (176.46) to Jun. 2023 (228.74). It might indicate that Kovrov Mechanical Plant PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kovrov Mechanical Plant PJSC's Inventory Turnover for the six months ended in Jun. 2023 was 0.80.

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. Kovrov Mechanical Plant PJSC's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.70.


Kovrov Mechanical Plant PJSC  (MIC:KMEZ) 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.

Kovrov Mechanical Plant PJSC'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.

Kovrov Mechanical Plant PJSC'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.


Kovrov Mechanical Plant PJSC Days Inventory Related Terms


Kovrov Mechanical Plant PJSC Days Inventory Historical Data

* Premium members only.

The historical data trend for Kovrov Mechanical Plant 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.

Kovrov Mechanical Plant PJSC Days Inventory Chart

Kovrov Mechanical Plant PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 173.37 163.12 127.01 65.60 161.38

Kovrov Mechanical Plant PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 40.31 66.52 176.46 304.86 228.74

MIC:KMEZ vs RTX, LMT, BA: Days Inventory Comparison

For the Aerospace & Defense subindustry, Kovrov Mechanical Plant 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.


Kovrov Mechanical Plant PJSC Days Inventory vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kovrov Mechanical Plant PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Kovrov Mechanical Plant PJSC's Days Inventory falls into.


MIC:KMEZ
17GF Score
Kovrov Mechanical Plant PJSC MIC:KMEZ
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Kovrov Mechanical Plant PJSC Days Inventory Calculation

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

Kovrov Mechanical Plant PJSC'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
=( (225.181 + 781.942) / 2 ) / 1138.931*365
=503.5615 / 1138.931*365
=161.38

Kovrov Mechanical Plant 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. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (1164.125 + 262.956) / 2 ) / 569.292*365 / 2
=713.5405 / 569.292*365 / 2
=228.74

* 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 228.74 mean?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a Days Inventory of 228.74 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Kovrov Mechanical Plant PJSC and its competitors.
Is Kovrov Mechanical Plant PJSC's Days Inventory too high?
Kovrov Mechanical Plant PJSC's current Days Inventory is 228.74. The Aerospace & Defense industry median Days Inventory is 141.54. Kovrov Mechanical Plant PJSC's value of 228.74 is 61.6% above this industry median. Overall, Kovrov Mechanical Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kovrov Mechanical Plant PJSC's Days Inventory compare to RTX and LMT?
Kovrov Mechanical Plant PJSC's Days Inventory of 228.74 can be compared against companies in the Aerospace & Defense industry. The industry median Days Inventory is 141.54. Kovrov Mechanical Plant PJSC's value of 228.74 is 61.6% 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 Aerospace & Defense company?
The median Days Inventory among Aerospace & Defense companies is 141.54, based on 325 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. Kovrov Mechanical Plant PJSC's current Days Inventory of 228.74 is 61.6% 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 Kovrov Mechanical Plant PJSC and its competitors. For the Aerospace & Defense industry, the median Days Inventory is 141.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kovrov Mechanical Plant PJSC's current Days Inventory is 228.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kovrov Mechanical Plant PJSC stock overvalued right now?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a current Days Inventory of 228.74. The current Days Inventory is 228.74 and 61.6% above the Aerospace & Defense industry median of 141.54. Kovrov Mechanical Plant 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 Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Kovrov Mechanical Plant PJSC (MIC:KMEZ), the current Days Inventory is 228.74 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.

Kovrov Mechanical Plant PJSC Business Description

Address Socialist Street 26, Vladimir Region, Kovrov, RUS
Kovrov Mechanical Plant PJSC is a manufacturer of machinery and equipment for the nuclear power industry. Its product includes Gas centrifuges; Non-nuclear products and others.
17GF Score

Get the complete analysis for MIC:KMEZ

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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