Far-Eastern Energy Co PJSC (MIC:DVEC) Inventory Turnover: 44.52 (As of Jun. 2023)

What is Far-Eastern Energy Co PJSC Inventory Turnover?

Far-Eastern Energy Co PJSC MIC:DVEC -2.07% 17 Inventory Turnover is 44.52 as of Jun. 2023. GuruFocus rates MIC:DVEC 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. Far-Eastern Energy Co PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽54,669 Mil. Far-Eastern Energy Co PJSC's Average Total Inventories for the quarter that ended in Jun. 2023 was ₽1,228 Mil. Far-Eastern Energy Co PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 44.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Far-Eastern Energy Co PJSC's Days Inventory for the six months ended in Jun. 2023 was 4.10.

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. Far-Eastern Energy Co PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.01.

Far-Eastern Energy Co PJSC (MIC:DVEC) 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.

Far-Eastern Energy Co 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
	=	1228	/	54669	*	365 / 2
	=	4.10

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.

Far-Eastern Energy Co 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 )
	=	1228	/	84270
	=	0.01

* 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.

Far-Eastern Energy Co PJSC Inventory Turnover Related Terms

Far-Eastern Energy Co PJSC Inventory Turnover Historical Data

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The historical data trend for Far-Eastern Energy Co PJSC's Inventory Turnover can be seen below:

Far-Eastern Energy Co PJSC Inventory Turnover Chart

Far-Eastern Energy Co PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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7.60

3.11

9.25

145.33

115.17

Far-Eastern Energy Co 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															48.52	78.96	47.21	50.94	44.52

17GF Score

Far-Eastern Energy Co PJSC MIC:DVEC

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

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Far-Eastern Energy Co PJSC Inventory Turnover Calculation

Far-Eastern Energy Co 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 )
=	92657	/ (	(578	+	1031)	/	2 )
=	92657	/	804.5
=	115.17

Far-Eastern Energy Co 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 )
=	54669	/ (	(1031	+	1425)	/	2 )
=	54669	/	1228
=	44.52

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 44.52 mean?

Far-Eastern Energy Co PJSC (MIC:DVEC) has a Inventory Turnover of 44.52 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Far-Eastern Energy Co PJSC and its competitors.

Is Far-Eastern Energy Co PJSC's Inventory Turnover too high?

Far-Eastern Energy Co PJSC's current Inventory Turnover is 44.52. Overall, Far-Eastern Energy Co PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does Far-Eastern Energy Co PJSC's Inventory Turnover compare to NEE and SO?

Far-Eastern Energy Co PJSC's Inventory Turnover of 44.52 can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?

A good Inventory Turnover depends on the Utilities - Regulated 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 Far-Eastern Energy Co PJSC and its competitors. Far-Eastern Energy Co PJSC's current Inventory Turnover is 44.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Far-Eastern Energy Co PJSC stock overvalued right now?

Far-Eastern Energy Co PJSC (MIC:DVEC) has a current Inventory Turnover of 44.52. The current Inventory Turnover is 44.52. Far-Eastern Energy Co 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 Far-Eastern Energy Co PJSC (MIC:DVEC), the current Inventory Turnover is 44.52 as of Jun. 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.

Far-Eastern Energy Co PJSC Business Description

Industry Utilities Utilities - Regulated

Comparable Companies MIC:MRKS MIC:MSRS MIC:MRKK MIC:VRSB MIC:RTSB MIC:KCHE MIC:TGKA MIC:MRKP MIC:MRKU MIC:NNSB NEE SO DUK LSE:NG.PCG AEP EXC D XEL ED

Address ul. Tigrovaya, 19, Primorsky Territory, Vladivostok, RUS, 690091

Website http://www.dvec.ru

Far-Eastern Energy Co PJSC formerly Far East Energy Co PJSC supplies electricity to households and businesses.

17GF Score

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