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PJSC RussNeft (MIC:RNFT) Inventory-to-Revenue : 0.09 (As of Dec. 2023)


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What is PJSC RussNeft Inventory-to-Revenue?

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. PJSC RussNeft's Average Total Inventories for the quarter that ended in Dec. 2023 was ₽12,451 Mil. PJSC RussNeft's Revenue for the six months ended in Dec. 2023 was ₽146,778 Mil. PJSC RussNeft's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.09.

PJSC RussNeft's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Jun. 2023 (0.12) to Jun. 2023 (0.09)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PJSC RussNeft's Days Inventory for the six months ended in Dec. 2023 was 22.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. PJSC RussNeft's Inventory Turnover for the quarter that ended in Dec. 2023 was 8.16.


PJSC RussNeft Inventory-to-Revenue Historical Data

The historical data trend for PJSC RussNeft's Inventory-to-Revenue 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.

* Premium members only.

PJSC RussNeft Inventory-to-Revenue Chart

PJSC RussNeft Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.05 0.03 0.03 0.06

PJSC RussNeft Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Inventory-to-Revenue 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 0.05 0.04 - 0.12 0.09

Competitive Comparison of PJSC RussNeft's Inventory-to-Revenue

For the Oil & Gas E&P subindustry, PJSC RussNeft's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.


PJSC RussNeft's Inventory-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PJSC RussNeft's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where PJSC RussNeft's Inventory-to-Revenue falls into.



PJSC RussNeft Inventory-to-Revenue Calculation

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.

PJSC RussNeft's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0 + 13889) / 1 ) / 238725
=13889 / 238725
=0.06

PJSC RussNeft's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (11013 + 13889) / 2 ) / 146778
=12451 / 146778
=0.08

* 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.


PJSC RussNeft  (MIC:RNFT) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

PJSC RussNeft's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=12451/101561*365 / 2
=22.37

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

PJSC RussNeft's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=101561 / 12451
=8.16

* 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.


PJSC RussNeft Inventory-to-Revenue Related Terms

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PJSC RussNeft (MIC:RNFT) Business Description

Traded in Other Exchanges
N/A
Address
69 Pyatnitskaya Street, Moscow, RUS, 115054
PJSC RussNeft is engaged in the exploration, development, production, and marketing of oil and gas. Its operations include oil production, gas production, exploration and reserves, and technological development. The company has activities in Moscow, Raduzhny, Tomsk, Saratov, Bryansk, Ulyanovsk, Khanty-Mansiysk, and Nizhnevartovsk. The company operates in three principal geographical areas: Europe and other export, the Commonwealth of Independent States (the "CIS") and the Russian Federation (Russia).

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