Kovrov Mechanical Plant PJSC (MIC:KMEZ) Inventory Turnover: 0.80 (As of Jun. 2023)


MIC:KMEZ Kovrov Mechanical Plant PJSC MIC:KMEZ
17 GF Score
Price ₽778.00
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What is Kovrov Mechanical Plant PJSC Inventory Turnover?

Kovrov Mechanical Plant PJSC MIC:KMEZ -0.77% 17 Inventory Turnover is 0.80 as of Jun. 2023. GuruFocus rates MIC:KMEZ 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. Kovrov Mechanical Plant PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽569 Mil. Kovrov Mechanical Plant PJSC's Average Total Inventories for the quarter that ended in Jun. 2023 was ₽714 Mil. Kovrov Mechanical Plant PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kovrov Mechanical Plant PJSC's Days Inventory for the six months ended in Jun. 2023 was 228.74.

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. Kovrov Mechanical Plant PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.70.

Kovrov Mechanical Plant PJSC  (MIC:KMEZ) 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.

Kovrov Mechanical Plant 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
=713.5405/569.292*365 / 2
=228.74

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.

Kovrov Mechanical Plant 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 )
=713.5405 / 1025.543
=0.70

* 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.

Kovrov Mechanical Plant PJSC Inventory Turnover Related Terms

Kovrov Mechanical Plant PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Kovrov Mechanical Plant 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.

Kovrov Mechanical Plant PJSC Inventory Turnover Chart

Kovrov Mechanical Plant 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 2.11 2.24 2.87 5.56 2.26

Kovrov Mechanical Plant PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 4.53 2.74 1.03 0.60 0.80
MIC:KMEZ
17GF Score
Kovrov Mechanical Plant PJSC MIC:KMEZ
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Kovrov Mechanical Plant PJSC Inventory Turnover Calculation

Kovrov Mechanical Plant 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 )
=1138.931 / ((225.181 + 781.942) / 2 )
=1138.931 / 503.5615
=2.26

Kovrov Mechanical Plant 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. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=569.292 / ((1164.125 + 262.956) / 2 )
=569.292 / 713.5405
=0.80

* 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 0.80 mean?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a Inventory Turnover of 0.80 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kovrov Mechanical Plant PJSC and its competitors.
Is Kovrov Mechanical Plant PJSC's Inventory Turnover too high?
Kovrov Mechanical Plant PJSC's current Inventory Turnover is 0.80. Overall, Kovrov Mechanical Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Kovrov Mechanical Plant PJSC's Inventory Turnover compare to RTX and LMT?
Kovrov Mechanical Plant PJSC's Inventory Turnover of 0.80 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 Kovrov Mechanical Plant PJSC and its competitors. Kovrov Mechanical Plant PJSC's current Inventory Turnover is 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kovrov Mechanical Plant PJSC stock overvalued right now?
Kovrov Mechanical Plant PJSC (MIC:KMEZ) has a current Inventory Turnover of 0.80. The current Inventory Turnover is 0.80. Kovrov Mechanical Plant 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 Kovrov Mechanical Plant PJSC (MIC:KMEZ), the current Inventory Turnover is 0.80 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.

Kovrov Mechanical Plant PJSC Business Description

Address Socialist Street 26, Vladimir Region, Kovrov, RUS
Kovrov Mechanical Plant PJSC is a manufacturer of machinery and equipment for the nuclear power industry. Its product includes Gas centrifuges; Non-nuclear products and others.
17GF Score

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

₽778.00
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