Mordovian Energyles Co PJSC (MIC:MRSB) Inventory Turnover: 70.45 (As of Sep. 2023)


MIC:MRSB Mordovian Energy Sales Co PJSC MIC:MRSB
44 GF Score
Price ₽0.89
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What is Mordovian Energyles Co PJSC Inventory Turnover?

Mordovian Energyles Co PJSC MIC:MRSB -0.67% 44 Inventory Turnover is 70.45 as of Sep. 2023. GuruFocus rates MIC:MRSB with a GF Score™ of 44/100.

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. Mordovian Energyles Co PJSC's Cost of Goods Sold for the three months ended in Sep. 2023 was ₽823 Mil. Mordovian Energyles Co PJSC's Average Total Inventories for the quarter that ended in Sep. 2023 was ₽12 Mil. Mordovian Energyles Co PJSC's Inventory Turnover for the quarter that ended in Sep. 2023 was 70.45.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mordovian Energyles Co PJSC's Days Inventory for the three months ended in Sep. 2023 was 1.30.

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. Mordovian Energyles Co PJSC's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.01.

Mordovian Energyles Co PJSC  (MIC:MRSB) 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.

Mordovian Energyles Co PJSC's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=11.6765/822.618*365 / 4
=1.30

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.

Mordovian Energyles Co PJSC's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=11.6765 / 1746.561
=0.01

* 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.

Mordovian Energyles Co PJSC Inventory Turnover Related Terms

Mordovian Energyles Co PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Mordovian Energyles Co 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.

Mordovian Energyles Co PJSC Inventory Turnover Chart

Mordovian Energyles Co 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 2,892.92 3,015.30 2,811.38 2,492.90 1,901.26

Mordovian Energyles Co PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 393.06 374.93 342.27 138.30 70.45
MIC:MRSB
44GF Score
Mordovian Energy Sales Co PJSC MIC:MRSB
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Mordovian Energyles Co PJSC Inventory Turnover Calculation

Mordovian Energyles Co 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 )
=3444.137 / ((1.305 + 2.318) / 2 )
=3444.137 / 1.8115
=1,901.26

Mordovian Energyles Co PJSC's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover (Q: Sep. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count )
=822.618 / ((7.637 + 15.716) / 2 )
=822.618 / 11.6765
=70.45

* 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 70.45 mean?
Mordovian Energyles Co PJSC (MIC:MRSB) has a Inventory Turnover of 70.45 as of Sep. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Mordovian Energyles Co PJSC and its competitors.
Is Mordovian Energyles Co PJSC's Inventory Turnover too high?
Mordovian Energyles Co PJSC's current Inventory Turnover is 70.45. Overall, Mordovian Energyles Co PJSC has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Mordovian Energyles Co PJSC's Inventory Turnover compare to NEE and SO?
Mordovian Energyles Co PJSC's Inventory Turnover of 70.45 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 Mordovian Energyles Co PJSC and its competitors. Mordovian Energyles Co PJSC's current Inventory Turnover is 70.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mordovian Energyles Co PJSC stock overvalued right now?
Mordovian Energyles Co PJSC (MIC:MRSB) has a current Inventory Turnover of 70.45. The current Inventory Turnover is 70.45. Mordovian Energyles Co PJSC's overall GF Score™ is 44/100. 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 Mordovian Energyles Co PJSC (MIC:MRSB), the current Inventory Turnover is 70.45 as of Sep. 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.

Mordovian Energyles Co PJSC Business Description

Address 117A Street Bolshevistskaya, Saransk, Republic of Mordovia, RUS, 430001
Mordovian Energy Sales Co PJSC formerly Mordovia Energy Retail Company PJSC is engaged in the purchase and sale of electricity in the wholesale and retail markets.
44GF Score

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