United Aircraft JSC (MIC:UNAC) Inventory Turnover: 0.60 (As of Jun. 2023)


MIC:UNAC United Aircraft Corp JSC MIC:UNAC
13 GF Score
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What is United Aircraft JSC Inventory Turnover?

United Aircraft JSC MIC:UNAC -4.46% 13 Inventory Turnover is 0.60 as of Jun. 2023. GuruFocus rates MIC:UNAC with a GF Score™ of 13/100.

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. United Aircraft JSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽153,938 Mil. United Aircraft JSC's Average Total Inventories for the quarter that ended in Jun. 2023 was ₽257,358 Mil. United Aircraft JSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. United Aircraft JSC's Days Inventory for the six months ended in Jun. 2023 was 305.11.

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 Aircraft JSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 1.37.

United Aircraft JSC  (MIC:UNAC) 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 Aircraft JSC's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=257357.5/153938*365 / 2
=305.11

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 Aircraft JSC's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=257357.5 / 187958
=1.37

* 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 Aircraft JSC Inventory Turnover Related Terms

United Aircraft JSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for United Aircraft JSC'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.

United Aircraft JSC Inventory Turnover Chart

United Aircraft JSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.44 1.28 1.32 1.35

United Aircraft JSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 0.89 0.36 0.88 0.40 0.60
MIC:UNAC
13GF Score
United Aircraft Corp JSC MIC:UNAC
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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United Aircraft JSC Inventory Turnover Calculation

United Aircraft JSC's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Inventory Turnover (A: Dec. 2021 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2021 ) / ((Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count )
=328241 / ((242692 + 241838) / 2 )
=328241 / 242265
=1.35

United Aircraft JSC's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover (Q: Jun. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2023 ) / ((Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count )
=153938 / ((261761 + 252954) / 2 )
=153938 / 257357.5
=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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 0.60 mean?
United Aircraft JSC (MIC:UNAC) has a Inventory Turnover of 0.60 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on United Aircraft JSC and its competitors.
Is United Aircraft JSC's Inventory Turnover too high?
United Aircraft JSC's current Inventory Turnover is 0.60. Overall, United Aircraft JSC has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does United Aircraft JSC's Inventory Turnover compare to RTX and LMT?
United Aircraft JSC's Inventory Turnover of 0.60 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Inventory Turnover depends on the Aerospace & Defense 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 United Aircraft JSC and its competitors. United Aircraft JSC's current Inventory Turnover is 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Aircraft JSC stock overvalued right now?
United Aircraft JSC (MIC:UNAC) has a current Inventory Turnover of 0.60. The current Inventory Turnover is 0.60. United Aircraft JSC's overall GF Score™ is 13/100. 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 United Aircraft JSC (MIC:UNAC), the current Inventory Turnover is 0.60 as of Jun. 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.

United Aircraft JSC Business Description

Address B. Pionerskaya street, 1, Moscow, RUS, 115054
United Aircraft Corp JSC is a Russian company engaged in designing, manufacturing, selling, operation maintenance, guarantee, and service maintenance, upgrading, repairing and utilization of civil and military aircraft for Russian and foreign governments. It has three segments, Sukhoi holding, Irkut Corporation, and Other units. Sukhoi holding, which includes the development of production of military combat aircraft as well as the development of the civil aircraft programme SSJ-100. Irkut Corporation primarily includes production of military combat aircraft as well as development training military aircraft Yak-130 and civil aircraft programme MC-21. Other units include designing and manufacturing of various types of aircraft as well as repair and maintenance of existing aircraft.
13GF 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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