Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Inventory Turnover : 2.35 (As of Jun. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Ashinskiy Metallurgical Works PJSC Inventory Turnover?

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. Ashinskiy Metallurgical Works PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽16,191 Mil. Ashinskiy Metallurgical Works PJSC's Average Total Inventories for the quarter that ended in Jun. 2023 was ₽6,893 Mil. Ashinskiy Metallurgical Works PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 2.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ashinskiy Metallurgical Works PJSC's Days Inventory for the six months ended in Jun. 2023 was 77.69.

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. Ashinskiy Metallurgical Works PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.29.

Ashinskiy Metallurgical Works PJSC Inventory Turnover Historical Data

The historical data trend for Ashinskiy Metallurgical Works PJSC's Inventory Turnover 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.

Ashinskiy Metallurgical Works PJSC Inventory Turnover Chart

Ashinskiy Metallurgical Works PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

Get a 7-Day Free Trial

4.84

4.80

4.94

4.87

5.42

Ashinskiy Metallurgical Works PJSC Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Inventory Turnover	Get a 7-Day Free Trial															2.92	2.89	2.54	2.38	2.35

Ashinskiy Metallurgical Works PJSC Inventory Turnover Calculation

Ashinskiy Metallurgical Works PJSC's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	27402.87	/ (	(3884.963	+	6219.663)	/	2 )
=	27402.87	/	5052.313
=	5.42

Ashinskiy Metallurgical Works PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	16191.388	/ (	(0	+	6892.595)	/	1 )
=	16191.388	/	6892.595
=	2.35

Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) 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.

Ashinskiy Metallurgical Works PJSC's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	6892.595	/	16191.388	*	365 / 2
	=	77.69

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.

Ashinskiy Metallurgical Works PJSC's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	6892.595	/	24107.441
	=	0.29

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.

Ashinskiy Metallurgical Works PJSC Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Ashinskiy Metallurgical Works PJSC's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

Asha city, Mira Street no. 9, Chelyabinsk, RUS, 456010

Website

http://www.amet.ru

Ashinskiy Metallurgical Works PJSC is engaged in the business of producing stainless and carbon steel. The main activity of the company is the production of hot-rolled and cold-rolled sheet (flat) steel, and consumer goods, as well as the production of tapes and magnetic cores at the main production site located in the city of Asha.

Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Headlines

No Headlines