Rosseti Kuban PJSC (MIC:KUBE) Inventory Turnover : 4.03 (As of Dec. 2023)

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What is Rosseti Kuban PJSC Inventory Turnover?

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. Rosseti Kuban PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₽12,337 Mil. Rosseti Kuban PJSC's Average Total Inventories for the quarter that ended in Dec. 2023 was ₽3,064 Mil. Rosseti Kuban PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rosseti Kuban PJSC's Days Inventory for the three months ended in Dec. 2023 was 22.66.

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. Rosseti Kuban PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.

Rosseti Kuban PJSC Inventory Turnover Historical Data

The historical data trend for Rosseti Kuban 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.

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Rosseti Kuban PJSC Inventory Turnover Chart

Rosseti Kuban PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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16.43

16.03

16.37

17.36

15.30

Rosseti Kuban PJSC Quarterly Data
	Mar18	Jun18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															4.07	4.94	4.48	5.01	4.03

Rosseti Kuban PJSC Inventory Turnover Calculation

Rosseti Kuban 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 )
=	44738.852	/ (	(2033.586	+	3813.295)	/	2 )
=	44738.852	/	2923.4405
=	15.30

Rosseti Kuban 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	12336.508	/ (	(2314.486	+	3813.295)	/	2 )
=	12336.508	/	3063.8905
=	4.03

Rosseti Kuban PJSC (MIC:KUBE) 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.

Rosseti Kuban PJSC's Days Inventory for the three 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
	=	3063.8905	/	12336.508	*	365 / 4
	=	22.66

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.

Rosseti Kuban 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 )
	=	3063.8905	/	17949.431
	=	0.17

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.

Rosseti Kuban PJSC Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Rosseti Kuban PJSC's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Rosseti Kuban PJSC (MIC:KUBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Rosseti Kuban PJSC (MIC:KUBE) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

4, Belovezhskaya Street, Moscow, RUS, 121353

Website

http://www.rosseti.ru

Rosseti Kuban PJSC is active in the utilities market in Russia. It is the largest electric grid company in the territory of the Krasnodar and the Republic of Adygea, carrying out transmission and distribution of electric power. The main objective of the company is to provide reliable and stable energy supply to all consumers of the Krasnodar Territory and the Republic of Adygea, as well as the growing needs of the regional economies for electricity.

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