Aeroflot Russian Airlines PJSC (XKAZ:RU_AFLT) Inventory Turnover : 6.96 (As of Dec. 2023)

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What is Aeroflot Russian Airlines 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. Aeroflot Russian Airlines PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₸976,270 Mil. Aeroflot Russian Airlines PJSC's Average Total Inventories for the quarter that ended in Dec. 2023 was ₸140,244 Mil. Aeroflot Russian Airlines PJSC's Inventory Turnover for the quarter that ended in Dec. 2023 was 6.96.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aeroflot Russian Airlines PJSC's Days Inventory for the three months ended in Dec. 2023 was 13.11.

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. Aeroflot Russian Airlines PJSC's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.16.

Aeroflot Russian Airlines PJSC Inventory Turnover Historical Data

The historical data trend for Aeroflot Russian Airlines 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.

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Aeroflot Russian Airlines PJSC Inventory Turnover Chart

Aeroflot Russian Airlines PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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39.38

20.86

25.77

32.12

21.12

Aeroflot Russian Airlines PJSC Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	8.82	5.71	6.40	6.96

Aeroflot Russian Airlines PJSC Inventory Turnover Calculation

Aeroflot Russian Airlines 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 )
=	3094999.387	/ (	(130054.227	+	162981.574)	/	2 )
=	3094999.387	/	146517.9005
=	21.12

Aeroflot Russian Airlines 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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	976269.591	/ (	(117506.457	+	162981.574)	/	2 )
=	976269.591	/	140244.0155
=	6.96

Aeroflot Russian Airlines PJSC (XKAZ:RU_AFLT) 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.

Aeroflot Russian Airlines PJSC's Days Inventory for the three 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
	=	140244.0155	/	976269.591	*	365 / 4
	=	13.11

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.

Aeroflot Russian Airlines 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 )
	=	140244.0155	/	874259.835
	=	0.16

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.

Aeroflot Russian Airlines PJSC Inventory Turnover Related Terms

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Aeroflot Russian Airlines PJSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aeroflot Russian Airlines PJSC (XKAZ:RU_AFLT) » Definitions » Inventory Turnover

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AFLT:Russia

Address

1, Arbat Street, Moscow, RUS, 119019

Website

https://www.aeroflot.ru

Aeroflot Russian Airlines PJSC is Russia's airline group, and accounts for approximately one third of Russia's air-travel market. It provides scheduled and chartered flights. Passengers may buy tickets through websites, online booking systems, sales offices, and authorized agents. Domestic routes throughout Russia comprise the majority of total passengers. Additionally, it provides international routes to many different regions. The company's lone operating segment is Air Transportation. Outside of Russia, Europe books the next-highest number of passengers at around one fifth the total amount. The Russian Federation owns roughly half of the company.

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