Rosseti South PJSC (MIC:MRKY) Days Inventory: 26.32 (As of Dec. 2023)

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What is Rosseti South PJSC Days Inventory?

Rosseti South PJSC MIC:MRKY -0.45% Days Inventory is 26.32 as of Dec. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). Rosseti South PJSC's Average Total Inventories for the three months ended in Dec. 2023 was ₽2,129 Mil. Rosseti South PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₽7,382 Mil. Hence, Rosseti South PJSC's Days Inventory for the three months ended in Dec. 2023 was 26.32.

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

MIC:MRKY's Days Inventory is not ranked *
in the Utilities - Regulated industry.
Industry Median: 22.52
* Ranked among companies with meaningful Days Inventory only.

Rosseti South PJSC's Days Inventory increased from Dec. 2022 (14.68) to Dec. 2023 (26.32). It might indicate that Rosseti South PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rosseti South PJSC's Inventory Turnover for the three months ended in Dec. 2023 was 3.47.

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. Rosseti South PJSC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.17.


Rosseti South PJSC  (MIC:MRKY) 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.

Rosseti South PJSC's Inventory Turnover for the three months ended in Dec. 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.

Rosseti South PJSC's Inventory to Revenue for the three months ended in Dec. 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.


Rosseti South PJSC Days Inventory Related Terms


Rosseti South PJSC Days Inventory Historical Data

* Premium members only.

The historical data trend for Rosseti South 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.

Rosseti South PJSC Days Inventory Chart

Rosseti South PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.53 15.78 16.92 18.02 28.44

Rosseti South PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.68 18.11 21.33 16.64 26.32

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

For the Utilities - Regulated Electric subindustry, Rosseti South 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.


Rosseti South PJSC Days Inventory vs Utilities - Regulated Industry

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

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



Rosseti South PJSC Days Inventory Calculation

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

Rosseti South PJSC's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1185.144 + 3147.27) / 2 ) / 27802.339*365
=2166.207 / 27802.339*365
=28.44

Rosseti South PJSC's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1110.634 + 3147.27) / 2 ) / 7382.314*365 / 4
=2128.952 / 7382.314*365 / 4
=26.32

* 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 26.32 mean?
Rosseti South PJSC (MIC:MRKY) has a Days Inventory of 26.32 as of Dec. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Rosseti South PJSC and its competitors.
Is Rosseti South PJSC's Days Inventory too high?
Rosseti South PJSC's current Days Inventory is 26.32. The Utilities - Regulated industry median Days Inventory is 22.52. Rosseti South PJSC's value of 26.32 is 16.9% above this industry median.
How does Rosseti South PJSC's Days Inventory compare to NEE and SO?
Rosseti South PJSC's Days Inventory of 26.32 can be compared against companies in the Utilities - Regulated industry. The industry median Days Inventory is 22.52. Rosseti South PJSC's value of 26.32 is 16.9% 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 22.52, 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. Rosseti South PJSC's current Days Inventory of 26.32 is 16.9% 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 Rosseti South PJSC and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosseti South PJSC's current Days Inventory is 26.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti South PJSC stock overvalued right now?
Rosseti South PJSC (MIC:MRKY) has a current Days Inventory of 26.32. The current Days Inventory is 26.32 and 16.9% above the Utilities - Regulated industry median of 22.52. 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 Rosseti South PJSC (MIC:MRKY), the current Days Inventory is 26.32 as of Dec. 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.

Rosseti South PJSC Business Description

Address 49/42 Bolshaya Sadovaya Street, Rostov-on-Don, RUS, 344002
Rosseti South PJSC is operating in the electric power industry. The principal business activities of the company are electric power distribution, electric power transmission, and electric grid operations.