Slavneft-Yaroslavneftorgsintez PJSC (MIC:JNOS) Inventory Turnover: 1.44 (As of Sep. 2023)


MIC:JNOS Slavneft-Yaroslavneftorgsintez PJSC MIC:JNOS
17 GF Score
Price ₽23.64
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What is Slavneft-Yaroslavneftorgsintez PJSC Inventory Turnover?

Slavneft-Yaroslavneftorgsintez PJSC MIC:JNOS -2.23% 17 Inventory Turnover is 1.44 as of Sep. 2023. GuruFocus rates MIC:JNOS 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. Slavneft-Yaroslavneftorgsintez PJSC's Cost of Goods Sold for the three months ended in Sep. 2023 was ₽5,926 Mil. Slavneft-Yaroslavneftorgsintez PJSC's Average Total Inventories for the quarter that ended in Sep. 2023 was ₽4,114 Mil. Slavneft-Yaroslavneftorgsintez PJSC's Inventory Turnover for the quarter that ended in Sep. 2023 was 1.44.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Slavneft-Yaroslavneftorgsintez PJSC's Days Inventory for the three months ended in Sep. 2023 was 63.35.

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. Slavneft-Yaroslavneftorgsintez PJSC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.37.

Slavneft-Yaroslavneftorgsintez PJSC  (MIC:JNOS) 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.

Slavneft-Yaroslavneftorgsintez PJSC's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=4114.109/5925.831*365 / 4
=63.35

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.

Slavneft-Yaroslavneftorgsintez PJSC's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=4114.109 / 11033.961
=0.37

* 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.

Slavneft-Yaroslavneftorgsintez PJSC Inventory Turnover Related Terms

Slavneft-Yaroslavneftorgsintez PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Slavneft-Yaroslavneftorgsintez 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.

Slavneft-Yaroslavneftorgsintez PJSC Inventory Turnover Chart

Slavneft-Yaroslavneftorgsintez PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.97 4.54 7.41 14.61 6.90

Slavneft-Yaroslavneftorgsintez PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun23 Sep23
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 2.25 1.86 1.79 0.00 1.44
MIC:JNOS
17GF Score
Slavneft-Yaroslavneftorgsintez PJSC MIC:JNOS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Slavneft-Yaroslavneftorgsintez PJSC Inventory Turnover Calculation

Slavneft-Yaroslavneftorgsintez PJSC's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=21161.787 / ((0 + 3065.439) / 1 )
=21161.787 / 3065.439
=6.90

Slavneft-Yaroslavneftorgsintez PJSC's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=5925.831 / ((4069 + 4159.218) / 2 )
=5925.831 / 4114.109
=1.44

* 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 1.44 mean?
Slavneft-Yaroslavneftorgsintez PJSC (MIC:JNOS) has a Inventory Turnover of 1.44 as of Sep. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Slavneft-Yaroslavneftorgsintez PJSC and its competitors.
Is Slavneft-Yaroslavneftorgsintez PJSC's Inventory Turnover too high?
Slavneft-Yaroslavneftorgsintez PJSC's current Inventory Turnover is 1.44. Overall, Slavneft-Yaroslavneftorgsintez PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Slavneft-Yaroslavneftorgsintez PJSC's Inventory Turnover compare to MPC and PSX?
Slavneft-Yaroslavneftorgsintez PJSC's Inventory Turnover of 1.44 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Inventory Turnover depends on the Oil & Gas 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 Slavneft-Yaroslavneftorgsintez PJSC and its competitors. Slavneft-Yaroslavneftorgsintez PJSC's current Inventory Turnover is 1.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Slavneft-Yaroslavneftorgsintez PJSC stock overvalued right now?
Slavneft-Yaroslavneftorgsintez PJSC (MIC:JNOS) has a current Inventory Turnover of 1.44. The current Inventory Turnover is 1.44. Slavneft-Yaroslavneftorgsintez 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 Slavneft-Yaroslavneftorgsintez PJSC (MIC:JNOS), the current Inventory Turnover is 1.44 as of Sep. 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.

Slavneft-Yaroslavneftorgsintez PJSC Business Description

Industry EnergyOil & Gas
Address Moskovsky Prospect, B 130, Yaroslavl, RUS, 150023
Slavneft-Yaroslavneftorgsintez PJSC is a Russia based crude oil & oil products processing company. The products offered by the company include nonethyled gasoline, motor and boiler fuel, lubricants, paraffins, sulphuric acid, and bitumens.
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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