Urals Energy PCL (STU:U5S1) Inventory Turnover : 0.61 (As of Jun. 2018)

View and export this data going back to 2006. Start your Free Trial

What is Urals Energy PCL 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. Urals Energy PCL's Cost of Goods Sold for the six months ended in Jun. 2018 was €8.72 Mil. Urals Energy PCL's Average Total Inventories for the quarter that ended in Jun. 2018 was €14.27 Mil. Urals Energy PCL's Inventory Turnover for the quarter that ended in Jun. 2018 was 0.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Urals Energy PCL's Days Inventory for the six months ended in Jun. 2018 was 298.52.

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. Urals Energy PCL's Inventory-to-Revenue for the quarter that ended in Jun. 2018 was 1.49.

Urals Energy PCL Inventory Turnover Historical Data

The historical data trend for Urals Energy PCL'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.

Urals Energy PCL Inventory Turnover Chart

Urals Energy PCL Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Inventory Turnover

Get a 7-Day Free Trial

3.02

3.62

2.80

2.09

2.46

Urals Energy PCL Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Inventory Turnover	Get a 7-Day Free Trial														0.48	1.24	1.46	1.19	0.61

Urals Energy PCL Inventory Turnover Calculation

Urals Energy PCL's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

	Inventory Turnover (A: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2017 )	/ (	(Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )
=	30.134	/ (	(12.824	+	11.673)	/	2 )
=	30.134	/	12.2485
=	2.46

Urals Energy PCL's Inventory Turnover for the quarter that ended in Jun. 2018 is calculated as

	Inventory Turnover (Q: Jun. 2018 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2018 )	/ (	(Total Inventories (Q: Dec. 2017 )	+	Total Inventories (Q: Jun. 2018 ))	/	count )
=	8.723	/ (	(11.673	+	16.864)	/	2 )
=	8.723	/	14.2685
=	0.61

Urals Energy PCL (STU:U5S1) 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.

Urals Energy PCL's Days Inventory for the six months ended in Jun. 2018 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2018 )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
	=	14.2685	/	8.723	*	365 / 2
	=	298.52

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.

Urals Energy PCL's Inventory to Revenue for the quarter that ended in Jun. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2018 )	/	Revenue (Q: Jun. 2018 )
	=	14.2685	/	9.576
	=	1.49

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.

Urals Energy PCL Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Urals Energy PCL's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Urals Energy PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Urals Energy PCL (STU:U5S1) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Menandrou Street, Glafkos Tower, Office 501, 5th Floor, Nicosia, CYP, 1066

Website

http://www.uralsenergy.ru

Urals Energy PCL is a Cyprus-based holding company. The company along with its subsidiaries are primarily engaged in oil and gas exploration and production in the Russian Federation and processing of crude oil for distribution on both the Russian and international markets. It has only one reportable segment: Crude Oil Exploration and Production. It derives the majority of its revenue from petroleum (refined) products. Urals Energy's main exploration and production operations are on the Kolguyev Island based in Timan Pechora and on Sakhalin Island.

Urals Energy PCL Headlines

No Headlines