Rosseti Siberia PJSC (MIC:MRKS) Inventory Turnover: 11.96 (As of Dec. 2023)

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What is Rosseti Siberia PJSC Inventory Turnover?

Rosseti Siberia PJSC MIC:MRKS -1.61% Inventory Turnover is 11.96 as of Dec. 2023.

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 Siberia PJSC's Cost of Goods Sold for the six months ended in Dec. 2023 was ₽19,169 Mil. Rosseti Siberia PJSC's Average Total Inventories for the quarter that ended in Dec. 2023 was ₽1,603 Mil. Rosseti Siberia PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 11.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rosseti Siberia PJSC's Days Inventory for the six months ended in Dec. 2023 was 15.26.

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. Rosseti Siberia PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.

Rosseti Siberia PJSC  (MIC:MRKS) 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 Siberia 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
=1603.309/19168.696*365 / 2
=15.26

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.

Rosseti Siberia 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 )
=1603.309 / 34266.436
=0.05

* 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.

Rosseti Siberia PJSC Inventory Turnover Related Terms

Rosseti Siberia PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Rosseti Siberia 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.

Rosseti Siberia PJSC Inventory Turnover Chart

Rosseti Siberia 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 16.15 15.94 20.68 24.57 26.45

Rosseti Siberia 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 8.94 10.70 10.76 11.03 11.96

Rosseti Siberia PJSC Inventory Turnover Calculation

Rosseti Siberia 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 )
=37077.196 / ((1421.535 + 1382.274) / 2 )
=37077.196 / 1401.9045
=26.45

Rosseti Siberia 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 )
=19168.696 / ((1824.344 + 1382.274) / 2 )
=19168.696 / 1603.309
=11.96

* 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 11.96 mean?
Rosseti Siberia PJSC (MIC:MRKS) has a Inventory Turnover of 11.96 as of Dec. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Rosseti Siberia PJSC and its competitors.
Is Rosseti Siberia PJSC's Inventory Turnover too high?
Rosseti Siberia PJSC's current Inventory Turnover is 11.96.
How does Rosseti Siberia PJSC's Inventory Turnover compare to NEE and SO?
Rosseti Siberia PJSC's Inventory Turnover of 11.96 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 Rosseti Siberia PJSC and its competitors. Rosseti Siberia PJSC's current Inventory Turnover is 11.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti Siberia PJSC stock overvalued right now?
Rosseti Siberia PJSC (MIC:MRKS) has a current Inventory Turnover of 11.96. The current Inventory Turnover is 11.96. 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 Rosseti Siberia PJSC (MIC:MRKS), the current Inventory Turnover is 11.96 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.

Rosseti Siberia PJSC Business Description

Address 144a, Bograda Street, Krasnoyarsk, RUS, 660021
Rosseti Siberia PJSC transmits, supplies, and distributes power in Russia. The firm engages in the transmission of electricity and the connection of customers to the electricity grid.