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United Co RUSAL International PJSC (MIC:RUAL) Inventory Turnover : 1.39 (As of Dec. 2023)


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What is United Co RUSAL International 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. United Co RUSAL International PJSC's Cost of Goods Sold for the six months ended in Dec. 2023 was ₽471,722 Mil. United Co RUSAL International PJSC's Average Total Inventories for the quarter that ended in Dec. 2023 was ₽339,701 Mil. United Co RUSAL International PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Co RUSAL International PJSC's Days Inventory for the six months ended in Dec. 2023 was 131.42.

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. United Co RUSAL International PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.60.


United Co RUSAL International PJSC Inventory Turnover Historical Data

The historical data trend for United Co RUSAL International 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.

* Premium members only.

United Co RUSAL International PJSC Inventory Turnover Chart

United Co RUSAL International 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 2.78 3.28 2.76 2.41 3.14

United Co RUSAL International 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 1.39 1.07 1.31 1.35 1.39

United Co RUSAL International PJSC Inventory Turnover Calculation

United Co RUSAL International 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 )
=942452.378 / ((274726.805 + 324737.78) / 2 )
=942452.378 / 299732.2925
=3.14

United Co RUSAL International 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 )
=471722.454 / ((354664.818 + 324737.78) / 2 )
=471722.454 / 339701.299
=1.39

* 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.


United Co RUSAL International PJSC  (MIC:RUAL) 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.

United Co RUSAL International 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
=339701.299/471722.454*365 / 2
=131.42

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.

United Co RUSAL International 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 )
=339701.299 / 565561.657
=0.60

* 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.


United Co RUSAL International PJSC Inventory Turnover Related Terms

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United Co RUSAL International PJSC (MIC:RUAL) Business Description

Traded in Other Exchanges
Address
Oktyabrskaya Street 8, Office 410, Kaliningrad, RUS, 236006
United Co RUSAL International PJSC produces aluminium and aluminium products. Its products are primary aluminium, aluminium alloys, high-purity aluminium, wire rod, foil and packaging, aluminium powder, bauxite and alumina, silicon, gallium, corundum, and aluminium protectors. The Aluminium segment is a key revenue driver, covers the production and sale of primary aluminium and related products. Alumina segment encompasses mining and refining of bauxite into alumina and sale of alumina. The Energy segment comprises mining and sale of coal and generation and transmission of electricity produced from various sources. Mining and metals segment consists of equity investments in Norilsk Nickel. It has four segments Aluminium, Alumina, Energy and Mining and Metals.

United Co RUSAL International PJSC (MIC:RUAL) Headlines

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