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Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Total Inventories : ₽6,893 Mil (As of Jun. 2023)


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What is Ashinskiy Metallurgical Works PJSC Total Inventories?

Ashinskiy Metallurgical Works PJSC's total inventories for the quarter that ended in Jun. 2023 was ₽6,893 Mil. Ashinskiy Metallurgical Works PJSC's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Jun. 2023 was ₽3,446 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ashinskiy Metallurgical Works PJSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₽35.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ashinskiy Metallurgical Works PJSC's Days Inventory for the six months ended in Jun. 2023 was 38.84.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ashinskiy Metallurgical Works PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 4.70.

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. Ashinskiy Metallurgical Works PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.14.


Ashinskiy Metallurgical Works PJSC Total Inventories Historical Data

The historical data trend for Ashinskiy Metallurgical Works PJSC's Total Inventories 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.

Ashinskiy Metallurgical Works PJSC Total Inventories Chart

Ashinskiy Metallurgical Works PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,486.61 4,695.32 4,532.24 3,884.96 6,219.66

Ashinskiy Metallurgical Works PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
Total Inventories 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 3,884.96 5,119.03 6,219.66 - 6,892.60

Ashinskiy Metallurgical Works PJSC Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Ashinskiy Metallurgical Works PJSC  (MIC:AMEZ) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Ashinskiy Metallurgical Works PJSC's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21596.158+0.75 * 3674.897+0.5 * 6892.595-10630.625
-0-0)/489.628
=35.06

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Ashinskiy Metallurgical Works PJSC'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
=3446.2975/16191.388*365 / 2
=38.84

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ashinskiy Metallurgical Works PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=16191.388 / 3446.2975
=4.70

4. 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.

Ashinskiy Metallurgical Works PJSC'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 )
=3446.2975 / 24107.441
=0.14

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Ashinskiy Metallurgical Works PJSC Total Inventories Related Terms

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Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Business Description

Traded in Other Exchanges
N/A
Address
Asha city, Mira Street no. 9, Chelyabinsk, RUS, 456010
Ashinskiy Metallurgical Works PJSC is engaged in the business of producing stainless and carbon steel. The main activity of the company is the production of hot-rolled and cold-rolled sheet (flat) steel, and consumer goods, as well as the production of tapes and magnetic cores at the main production site located in the city of Asha.

Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Headlines

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