Alrosa PJSC (MIC:ALRS) Inventory Turnover: 0.46 (As of Dec. 2023)

What is Alrosa PJSC Inventory Turnover?

Alrosa PJSC MIC:ALRS -3.48% 17 Inventory Turnover is 0.46 as of Dec. 2023. GuruFocus rates MIC:ALRS with a GF Score™ of 17/100.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Alrosa PJSC's Cost of Goods Sold for the six months ended in Dec. 2023 was ₽76,287 Mil. Alrosa PJSC's Average Total Inventories for the quarter that ended in Dec. 2023 was ₽165,499 Mil. Alrosa PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alrosa PJSC's Days Inventory for the six months ended in Dec. 2023 was 395.92.

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. Alrosa PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.23.

Alrosa PJSC (MIC:ALRS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Alrosa PJSC'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
	=	165498.5	/	76287	*	365 / 2
	=	395.92

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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	165498.5	/	134403
	=	1.23

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Alrosa PJSC Inventory Turnover Related Terms

Alrosa PJSC Inventory Turnover Historical Data

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The historical data trend for Alrosa PJSC's Inventory Turnover can be seen below:

Alrosa PJSC Inventory Turnover Chart

Alrosa PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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1.12

0.99

1.63

1.36

1.12

Alrosa PJSC Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															0.84	0.90	0.53	0.71	0.46

17GF Score

Alrosa PJSC MIC:ALRS

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Alrosa PJSC Inventory Turnover Calculation

Alrosa PJSC's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	176838	/ (	(133412	+	181804)	/	2 )
=	176838	/	157608
=	1.12

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

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	76287	/ (	(149193	+	181804)	/	2 )
=	76287	/	165498.5
=	0.46

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.46 mean?

Alrosa PJSC (MIC:ALRS) has a Inventory Turnover of 0.46 as of Dec. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Alrosa PJSC and its competitors.

Is Alrosa PJSC's Inventory Turnover too high?

Alrosa PJSC's current Inventory Turnover is 0.46. Overall, Alrosa PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does Alrosa PJSC's Inventory Turnover compare to HL?

Alrosa PJSC's Inventory Turnover of 0.46 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Metals & Mining company?

A good Inventory Turnover depends on the Metals & Mining industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Alrosa PJSC and its competitors. Alrosa PJSC's current Inventory Turnover is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Alrosa PJSC stock overvalued right now?

Alrosa PJSC (MIC:ALRS) has a current Inventory Turnover of 0.46. The current Inventory Turnover is 0.46. Alrosa 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 Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Alrosa PJSC (MIC:ALRS), the current Inventory Turnover is 0.46 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.

Alrosa PJSC Business Description

Industry Basic Materials Metals & Mining

Comparable Companies MIC:SAGO MIC:KRSB MIC:HYDR MIC:LSNG MIC:SARE MIC:GCHE MIC:RTGZ MIC:CHMF MIC:MGTS MIC:RASP ISX:AMMN JSE:AMS SZSE:000975 LSE:FRES JSE:IMP LIM:BUENAVC1 HL ISX:MBMA TSX:TFPM JSE:SSW

Address 6, Lenin Street, Republic of Sakha (Yakutia), Mirninsky ulus, Mirny, RUS, 678175

Website https://www.alrosa.ru

Alrosa PJSC is a Russian-based company that operates in the diamond mining business. It is engaged in the business activity of exploration, production, processing, marketing, and sale of raw and cut diamonds. The group operates mining facilities in Mirny, Udachny, Aikhal, Nyurba, and Anabar (located in Eastern Siberia) and the Arkhangelsk Region. In addition, the firm is also involved in transportation, social infrastructure, construction activity, trading, electricity production, and various other activities. The company derives the majority of its revenue from the sale of diamonds.

17GF Score

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