Kurgan Generating Company PJSC (MIC:KGKC) Inventory Turnover: 3.56 (As of Jun. 2023)

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What is Kurgan Generating Company PJSC Inventory Turnover?

Kurgan Generating Company PJSC MIC:KGKC -0.92% 17 Inventory Turnover is 3.56 as of Jun. 2023. GuruFocus rates MIC:KGKC 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. Kurgan Generating Company PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽3,186 Mil. Kurgan Generating Company PJSC's Average Total Inventories for the quarter that ended in Jun. 2023 was ₽895 Mil. Kurgan Generating Company PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 3.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kurgan Generating Company PJSC's Days Inventory for the six months ended in Jun. 2023 was 51.26.

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. Kurgan Generating Company PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.18.

Kurgan Generating Company PJSC  (MIC:KGKC) 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.

Kurgan Generating Company 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
=894.9345/3186.464*365 / 2
=51.26

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.

Kurgan Generating Company 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 )
=894.9345 / 4852.166
=0.18

* 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.

Kurgan Generating Company PJSC Inventory Turnover Related Terms

Kurgan Generating Company PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Kurgan Generating Company 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.

Kurgan Generating Company PJSC Inventory Turnover Chart

Kurgan Generating Company PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.14 7.03 6.17 7.83 7.77

Kurgan Generating Company 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 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 3.66 3.92 4.44 3.54 3.56

Kurgan Generating Company PJSC Inventory Turnover Calculation

Kurgan Generating Company 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 )
=5691.1 / ((600.184 + 864.523) / 2 )
=5691.1 / 732.3535
=7.77

Kurgan Generating Company 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 )
=3186.464 / ((864.523 + 925.346) / 2 )
=3186.464 / 894.9345
=3.56

* 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 3.56 mean?
Kurgan Generating Company PJSC (MIC:KGKC) has a Inventory Turnover of 3.56 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kurgan Generating Company PJSC and its competitors.
Is Kurgan Generating Company PJSC's Inventory Turnover too high?
Kurgan Generating Company PJSC's current Inventory Turnover is 3.56. Overall, Kurgan Generating Company PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kurgan Generating Company PJSC's Inventory Turnover compare to NEE and SO?
Kurgan Generating Company PJSC's Inventory Turnover of 3.56 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 Kurgan Generating Company PJSC and its competitors. Kurgan Generating Company PJSC's current Inventory Turnover is 3.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurgan Generating Company PJSC stock overvalued right now?
Kurgan Generating Company PJSC (MIC:KGKC) has a current Inventory Turnover of 3.56. The current Inventory Turnover is 3.56. Kurgan Generating Company 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 Kurgan Generating Company PJSC (MIC:KGKC), the current Inventory Turnover is 3.56 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.

Kurgan Generating Company PJSC Business Description

Address Building 29A, Constitution Avenue, Kurgan, RUS, 640000
Kurgan Generating Company PJSC formerly Kurganskaya Generiruyushchaya Kompaniya PAO produces electrical and heat energy. The company supplies electricity and power to the wholesale market, as well as supplies thermal energy to the consumers.