Cherkizovo Group PJSC (MIC:GCHE) Inventory Turnover: 1.25 (As of Dec. 2023)

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MIC:GCHE Cherkizovo Group PJSC MIC:GCHE
17 GF Score
Price ₽2,980.00
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What is Cherkizovo Group PJSC Inventory Turnover?

Cherkizovo Group PJSC MIC:GCHE +0.95% 17 Inventory Turnover is 1.25 as of Dec. 2023. GuruFocus rates MIC:GCHE 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. Cherkizovo Group PJSC's Cost of Goods Sold for the six months ended in Dec. 2023 was ₽83,480 Mil. Cherkizovo Group PJSC's Average Total Inventories for the quarter that ended in Dec. 2023 was ₽66,917 Mil. Cherkizovo Group PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cherkizovo Group PJSC's Days Inventory for the six months ended in Dec. 2023 was 146.29.

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. Cherkizovo Group PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.54.

Cherkizovo Group PJSC  (MIC:GCHE) 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.

Cherkizovo Group PJSC's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=66916.5/83480*365 / 2
=146.29

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.

Cherkizovo Group PJSC's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=66916.5 / 123899
=0.54

* 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.

Cherkizovo Group PJSC Inventory Turnover Related Terms

Cherkizovo Group PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Cherkizovo Group 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.

Cherkizovo Group PJSC Inventory Turnover Chart

Cherkizovo Group PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.27 2.73 2.83 2.86 2.51

Cherkizovo Group PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.50 1.37 1.30 1.16 1.25
MIC:GCHE
17GF Score
Cherkizovo Group PJSC MIC:GCHE
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Cherkizovo Group PJSC Inventory Turnover Calculation

Cherkizovo Group PJSC's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=153363 / ((54315 + 67937) / 2 )
=153363 / 61126
=2.51

Cherkizovo Group PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=83480 / ((65896 + 67937) / 2 )
=83480 / 66916.5
=1.25

* 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 1.25 mean?
Cherkizovo Group PJSC (MIC:GCHE) has a Inventory Turnover of 1.25 as of Dec. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Cherkizovo Group PJSC and its competitors.
Is Cherkizovo Group PJSC's Inventory Turnover too high?
Cherkizovo Group PJSC's current Inventory Turnover is 1.25. Overall, Cherkizovo Group PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Cherkizovo Group PJSC's Inventory Turnover compare to KHC and GIS?
Cherkizovo Group PJSC's Inventory Turnover of 1.25 can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Cherkizovo Group PJSC and its competitors. Cherkizovo Group PJSC's current Inventory Turnover is 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cherkizovo Group PJSC stock overvalued right now?
Cherkizovo Group PJSC (MIC:GCHE) has a current Inventory Turnover of 1.25. The current Inventory Turnover is 1.25. Cherkizovo Group 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 Cherkizovo Group PJSC (MIC:GCHE), the current Inventory Turnover is 1.25 as of Dec. 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.

Cherkizovo Group PJSC Business Description

Address 1, Cherkizovskaya Street, Topkanovo Village, Kashira, Moscow, RUS, 142931
Cherkizovo Group PJSC is an integrated diversified meat producer in the Russian Federation. Its business segments are Meat Processing, Chicken, Pork, Grain, and Other. The company generates maximum revenue from the Poultry segment. Its Poultry segment operations consist of breeding, raising and processing broilers, as well as sales of chilled and frozen chicken products. The Meat processing segment operations include the production of two distinct product lines: the Sausages product line, which comprises a wide range of processed meat products, including sausages, ham, hot dogs, and the Pork product line, which comprises production and sales of pork meat.
17GF 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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