Saratovenergo PJSC (MIC:SARE) Inventory Turnover: 156.67 (As of Jun. 2021)

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MIC:SARE Saratovenergo PJSC MIC:SARE
52 GF Score
Price ₽0.79
! 1 Warning Sign
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What is Saratovenergo PJSC Inventory Turnover?

Saratovenergo PJSC MIC:SARE +2.87% 52 Inventory Turnover is 156.67 as of Jun. 2021. GuruFocus rates MIC:SARE with a GF Score™ of 52/100. The stock has 1 warning sign investors should review.

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. Saratovenergo PJSC's Cost of Goods Sold for the three months ended in Jun. 2021 was ₽9,838 Mil. Saratovenergo PJSC's Average Total Inventories for the quarter that ended in Jun. 2021 was ₽63 Mil. Saratovenergo PJSC's Inventory Turnover for the quarter that ended in Jun. 2021 was 156.67.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Saratovenergo PJSC's Days Inventory for the three months ended in Jun. 2021 was 0.58.

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. Saratovenergo PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2021 was 0.01.

Saratovenergo PJSC  (MIC:SARE) 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.

Saratovenergo PJSC's Days Inventory for the three months ended in Jun. 2021 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2021 )/Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=62.792/9837.682*365 / 4
=0.58

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.

Saratovenergo PJSC's Inventory to Revenue for the quarter that ended in Jun. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=62.792 / 10420.833
=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.

Saratovenergo PJSC Inventory Turnover Related Terms

Saratovenergo PJSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Saratovenergo 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.

Saratovenergo PJSC Inventory Turnover Chart

Saratovenergo PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 253.77 249.78 283.81 414.92 319.58

Saratovenergo PJSC Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 78.91 53.03 67.66 81.25 156.67
MIC:SARE
52GF Score
Saratovenergo PJSC MIC:SARE
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Saratovenergo PJSC Inventory Turnover Calculation

Saratovenergo PJSC's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=12709.447 / ((35.125 + 44.413) / 2 )
=12709.447 / 39.769
=319.58

Saratovenergo PJSC's Inventory Turnover for the quarter that ended in Jun. 2021 is calculated as

Inventory Turnover (Q: Jun. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2021 ) / ((Total Inventories (Q: Mar. 2021 ) + Total Inventories (Q: Jun. 2021 )) / count )
=9837.682 / ((0 + 62.792) / 1 )
=9837.682 / 62.792
=156.67

* 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 156.67 mean?
Saratovenergo PJSC (MIC:SARE) has a Inventory Turnover of 156.67 as of Jun. 2021. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Saratovenergo PJSC and its competitors.
Is Saratovenergo PJSC's Inventory Turnover too high?
Saratovenergo PJSC's current Inventory Turnover is 156.67. Overall, Saratovenergo PJSC has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Saratovenergo PJSC's Inventory Turnover compare to NEE and SO?
Saratovenergo PJSC's Inventory Turnover of 156.67 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 Saratovenergo PJSC and its competitors. Saratovenergo PJSC's current Inventory Turnover is 156.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saratovenergo PJSC stock overvalued right now?
Saratovenergo PJSC (MIC:SARE) has a current Inventory Turnover of 156.67. The current Inventory Turnover is 156.67. Saratovenergo PJSC's overall GF Score™ is 52/100 with 1 warning sign to review. 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 Saratovenergo PJSC (MIC:SARE), the current Inventory Turnover is 156.67 as of Jun. 2021. 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.

Saratovenergo PJSC Business Description

Address Street them. Rakhova V.G., d. 181, Saratov, RUS, 410005
Saratovenergo PJSC is engaged in the production, transmission, distribution, and sale of electricity and thermal energy and related products.
52GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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