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DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC (MIC:DIOD) Inventory Turnover : 0.35 (As of Jun. 2023)


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What is DIOD Maker of Eco-Friendly Equipment and Nutrition 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. DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽122.7 Mil. DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's Average Total Inventories for the quarter that ended in Jun. 2023 was ₽349.1 Mil. DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.35.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's Days Inventory for the six months ended in Jun. 2023 was 519.08.

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. DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 1.22.

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC Inventory Turnover Historical Data

The historical data trend for DIOD Maker of Eco-Friendly Equipment and Nutrition 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.

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC Inventory Turnover Chart

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.71 0.47 0.64 0.67

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Inventory Turnover 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 0.27 0.36 0.35 0.31 0.35

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC Inventory Turnover Calculation

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

Inventory Turnover (A: Dec. 2022 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2022 ) / ((Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count )
=242.216 / ((366.448 + 358.865) / 2 )
=242.216 / 362.6565
=0.67

DIOD Maker of Eco-Friendly Equipment and Nutrition 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: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=122.735 / ((358.865 + 339.325) / 2 )
=122.735 / 349.095
=0.35

* 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.

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC  (MIC:DIOD) 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.

DIOD Maker of Eco-Friendly Equipment and Nutrition 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
=349.095/122.735*365 / 2
=519.08

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.

DIOD Maker of Eco-Friendly Equipment and Nutrition 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 )
=349.095 / 286.676
=1.22

* 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.

DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC Inventory Turnover Related Terms

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DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC (MIC:DIOD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC (MIC:DIOD) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
Derbenevskaya Street, House 11-A, building 13, room 4, Moscow, RUS, 115114
Website
https://www.diod.ru
DIOD Maker of Eco-Friendly Equipment and Nutrition PJSC is a health product manufacturing company. It develops and produces natural non-medicinal and medicinal products, curative active cosmetics, medical and environmental technology, and substances for the prevention and treatment of diseases. The company produces Biologically active additives, Pharmaceutical preparations, and Healing cosmetics. It markets the products under the Kapilar, Artro-Active, Iod-Active, Viardo Forte, and Selen-Aktiv brands.