Federal Grid Company Rosseti PJSC (MIC:FEES) Inventory Turnover: 7.73 (As of Jun. 2023)


MIC:FEES Federal Grid Company Rosseti PJSC MIC:FEES
55 GF Score
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What is Federal Grid Company Rosseti PJSC Inventory Turnover?

Federal Grid Company Rosseti PJSC MIC:FEES +0.64% 55 Inventory Turnover is 7.73 as of Jun. 2023. GuruFocus rates MIC:FEES with a GF Score™ of 55/100.

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. Federal Grid Company Rosseti PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽275,972 Mil. Federal Grid Company Rosseti PJSC's Average Total Inventories for the quarter that ended in Jun. 2023 was ₽35,714 Mil. Federal Grid Company Rosseti PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 7.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Federal Grid Company Rosseti PJSC's Days Inventory for the six months ended in Jun. 2023 was 23.62.

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. Federal Grid Company Rosseti PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.05.

Federal Grid Company Rosseti PJSC  (MIC:FEES) 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.

Federal Grid Company Rosseti 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
=35714/275972*365 / 2
=23.62

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.

Federal Grid Company Rosseti 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 )
=35714 / 677438
=0.05

* 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.

Federal Grid Company Rosseti PJSC Inventory Turnover Related Terms

Federal Grid Company Rosseti PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Federal Grid Company Rosseti 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.

Federal Grid Company Rosseti PJSC Inventory Turnover Chart

Federal Grid Company Rosseti PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.10 3.65 3.71 3.12 3.07

Federal Grid Company Rosseti PJSC Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 1.76 1.37 1.59 1.51 7.73
MIC:FEES
55GF Score
Federal Grid Company Rosseti PJSC MIC:FEES
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Federal Grid Company Rosseti PJSC Inventory Turnover Calculation

Federal Grid Company Rosseti PJSC's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=52904 / ((16968 + 17526) / 2 )
=52904 / 17247
=3.07

Federal Grid Company Rosseti 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. 2021 ) + Total Inventories (Q: Jun. 2023 )) / count )
=275972 / ((19748 + 51680) / 2 )
=275972 / 35714
=7.73

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 7.73 mean?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a Inventory Turnover of 7.73 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Federal Grid Company Rosseti PJSC and its competitors.
Is Federal Grid Company Rosseti PJSC's Inventory Turnover too high?
Federal Grid Company Rosseti PJSC's current Inventory Turnover is 7.73. Overall, Federal Grid Company Rosseti PJSC has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Federal Grid Company Rosseti PJSC's Inventory Turnover compare to NEE and SO?
Federal Grid Company Rosseti PJSC's Inventory Turnover of 7.73 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 Federal Grid Company Rosseti PJSC and its competitors. Federal Grid Company Rosseti PJSC's current Inventory Turnover is 7.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Grid Company Rosseti PJSC stock overvalued right now?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a current Inventory Turnover of 7.73. The current Inventory Turnover is 7.73. Federal Grid Company Rosseti PJSC's overall GF Score™ is 55/100. 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 Federal Grid Company Rosseti PJSC (MIC:FEES), the current Inventory Turnover is 7.73 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.

Federal Grid Company Rosseti PJSC Business Description

Address 5A, Akademika Chelomeya Street, Moscow, RUS, 117630
Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.
55GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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