UTair Aviation JSC (MIC:UTAR) Inventory Turnover: 10.56 (As of Jun. 2023)


MIC:UTAR UTair Aviation JSC MIC:UTAR
17 GF Score
Price ₽8.27
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What is UTair Aviation JSC Inventory Turnover?

UTair Aviation JSC MIC:UTAR -0.84% 17 Inventory Turnover is 10.56 as of Jun. 2023. GuruFocus rates MIC:UTAR with a GF Score™ of 17/100.

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. UTair Aviation JSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽43,626 Mil. UTair Aviation JSC's Average Total Inventories for the quarter that ended in Jun. 2023 was ₽4,133 Mil. UTair Aviation JSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 10.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. UTair Aviation JSC's Days Inventory for the six months ended in Jun. 2023 was 17.29.

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. UTair Aviation JSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.10.

UTair Aviation JSC  (MIC:UTAR) 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.

UTair Aviation 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
=4132.723/43626.342*365 / 2
=17.29

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.

UTair Aviation 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 )
=4132.723 / 43110.811
=0.10

* 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.

UTair Aviation JSC Inventory Turnover Related Terms

UTair Aviation JSC Inventory Turnover Historical Data

* Premium members only.

The historical data trend for UTair Aviation 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.

UTair Aviation JSC Inventory Turnover Chart

UTair Aviation JSC 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 24.41 21.12 22.50 22.83 18.18

UTair Aviation JSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 8.53 10.40 14.02 17.32 10.56
MIC:UTAR
17GF Score
UTair Aviation JSC MIC:UTAR
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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UTair Aviation JSC Inventory Turnover Calculation

UTair Aviation JSC'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 )
=47425.116 / ((3095.276 + 2121.522) / 2 )
=47425.116 / 2608.399
=18.18

UTair Aviation 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 )
=43626.342 / ((0 + 4132.723) / 1 )
=43626.342 / 4132.723
=10.56

* 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 10.56 mean?
UTair Aviation JSC (MIC:UTAR) has a Inventory Turnover of 10.56 as of Jun. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on UTair Aviation JSC and its competitors.
Is UTair Aviation JSC's Inventory Turnover too high?
UTair Aviation JSC's current Inventory Turnover is 10.56. Overall, UTair Aviation JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does UTair Aviation JSC's Inventory Turnover compare to DAL and LUV?
UTair Aviation JSC's Inventory Turnover of 10.56 can be compared against companies in the Transportation 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 a Transportation company?
A good Inventory Turnover depends on the Transportation 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 UTair Aviation JSC and its competitors. UTair Aviation JSC's current Inventory Turnover is 10.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is UTair Aviation JSC stock overvalued right now?
UTair Aviation JSC (MIC:UTAR) has a current Inventory Turnover of 10.56. The current Inventory Turnover is 10.56. UTair Aviation JSC's overall GF Score™ is 17/100. 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 UTair Aviation JSC (MIC:UTAR), the current Inventory Turnover is 10.56 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.

UTair Aviation JSC Business Description

Address Khanty-Mansiysk, Airport, Tyumenoblast, RUS, 628012
UTair Aviation JSC is engaged in the business of passenger and cargo transportation using airplane and helicopter services. It serves primarily Russian oil and gas companies and the United Nations Organisation (UN) outside Russia and offers services such as air transportation, catering, airport services, aircraft repairs, and aeronautical personnel training. UTair operates more than 400 aircraft and its operation is performed in Russia, CIS, and non-CIS countries.
17GF Score

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