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

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What is Far East Energy Co 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. Far East Energy Co PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽54,669 Mil. Far East Energy Co PJSC's Average Total Inventories for the quarter that ended in Jun. 2023 was ₽1,228 Mil. Far East 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 East 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 East Energy Co PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.01.

Far East Energy Co PJSC Inventory Turnover Historical Data

The historical data trend for Far East Energy Co 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.

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Far East Energy Co PJSC Inventory Turnover Chart

Far East 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 East 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

Far East Energy Co PJSC Inventory Turnover Calculation

Far East 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 East 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

Far East 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 East 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 East 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

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 East Energy Co PJSC Inventory Turnover Related Terms

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Far East Energy Co PJSC (MIC:DVEC) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Far East Energy Co PJSC (MIC:DVEC) » Definitions » Inventory Turnover

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Address

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

Website

http://www.dvec.ru

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

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