Inventory Turnover measures how fast the company turns over its inventory within a year.
Novolipetsk Steel PJSC's Inventory Turnover for the
three
months ended in Dec. 2021 was 0.98.
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.
Novolipetsk Steel PJSC's Inventory-to-Revenue for the
three
months ended in Dec. 2021 was 0.52.
Novolipetsk Steel PJSC (MIC:NLMK) 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.
Novolipetsk Steel PJSC's Inventory Turnover for the
three
months ended in Dec. 2021 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.
Novolipetsk Steel PJSC's Inventory to Revenue for the
three
months ended in Dec. 2021 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.
Novolipetsk Steel PJSC Days Inventory Related Terms
Novolipetsk Steel PJSC Days Inventory Historical Data
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The historical data trend for Novolipetsk Steel 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.
MIC:NLMK vs NUE, STLD, RS: Days Inventory Comparison
For the Steel subindustry, Novolipetsk Steel 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.
Novolipetsk Steel PJSC Days Inventory vs Steel Industry
For the Steel industry and Basic Materials sector, Novolipetsk Steel PJSC's Days Inventory distribution charts can be found below:
* The bar in red indicates where Novolipetsk Steel PJSC's Days Inventory falls into.
* 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.
Novolipetsk Steel PJSC (MIC:NLMK) has a Days Inventory of 92.95 as of Dec. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Novolipetsk Steel PJSC and its competitors.
Is Novolipetsk Steel PJSC's Days Inventory too high?
Novolipetsk Steel PJSC's current Days Inventory is 92.95. The Steel industry median Days Inventory is 86.42. Novolipetsk Steel PJSC's value of 92.95 is 7.6% above this industry median. Overall, Novolipetsk Steel PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Novolipetsk Steel PJSC's Days Inventory compare to NUE and STLD?
Novolipetsk Steel PJSC's Days Inventory of 92.95 can be compared against companies in the Steel industry. The industry median Days Inventory is 86.42. Novolipetsk Steel PJSC's value of 92.95 is 7.6% 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 a Steel company?
The median Days Inventory among Steel companies is 86.42, based on 581 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. Novolipetsk Steel PJSC's current Days Inventory of 92.95 is 7.6% 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 Novolipetsk Steel PJSC and its competitors. For the Steel industry, the median Days Inventory is 86.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novolipetsk Steel PJSC's current Days Inventory is 92.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novolipetsk Steel PJSC stock overvalued right now?
Novolipetsk Steel PJSC (MIC:NLMK) has a current Days Inventory of 92.95. The current Days Inventory is 92.95 and 7.6% above the Steel industry median of 86.42. Novolipetsk Steel 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 Novolipetsk Steel PJSC (MIC:NLMK), the current Days Inventory is 92.95 as of Dec. 2021. 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.
Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.
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