Rosseti South PJSC (MIC:MRKY) Inventory Turnover: 3.47 (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Rosseti South PJSC Inventory Turnover?

Rosseti South PJSC MIC:MRKY +0.30% Inventory Turnover is 3.47 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 South PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₽7,382 Mil. Rosseti South PJSC's Average Total Inventories for the quarter that ended in Dec. 2023 was ₽2,129 Mil. Rosseti South PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.47.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rosseti South PJSC's Days Inventory for the three months ended in Dec. 2023 was 26.32.

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

Rosseti South PJSC  (MIC:MRKY) 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 South 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
=2128.952/7382.314*365 / 4
=26.32

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 South 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 )
=2128.952 / 12584.001
=0.17

* 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 South PJSC Inventory Turnover Related Terms

Rosseti South PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Rosseti South 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 South PJSC Inventory Turnover Chart

Rosseti South 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 23.50 23.13 21.57 20.26 12.83

Rosseti South PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 6.22 5.04 4.28 5.48 3.47

Rosseti South PJSC Inventory Turnover Calculation

Rosseti South 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 )
=27802.339 / ((1185.144 + 3147.27) / 2 )
=27802.339 / 2166.207
=12.83

Rosseti South 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 )
=7382.314 / ((1110.634 + 3147.27) / 2 )
=7382.314 / 2128.952
=3.47

* 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 3.47 mean?
Rosseti South PJSC (MIC:MRKY) has a Inventory Turnover of 3.47 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 South PJSC and its competitors.
Is Rosseti South PJSC's Inventory Turnover too high?
Rosseti South PJSC's current Inventory Turnover is 3.47.
How does Rosseti South PJSC's Inventory Turnover compare to NEE and SO?
Rosseti South PJSC's Inventory Turnover of 3.47 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 South PJSC and its competitors. Rosseti South PJSC's current Inventory Turnover is 3.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosseti South PJSC stock overvalued right now?
Rosseti South PJSC (MIC:MRKY) has a current Inventory Turnover of 3.47. The current Inventory Turnover is 3.47. 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 South PJSC (MIC:MRKY), the current Inventory Turnover is 3.47 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 South PJSC Business Description

Address 49/42 Bolshaya Sadovaya Street, Rostov-on-Don, RUS, 344002
Rosseti South PJSC is operating in the electric power industry. The principal business activities of the company are electric power distribution, electric power transmission, and electric grid operations.