PAO Sovcomflot (MIC:FLOT) Total Inventories: ₽3,224 Mil (As of Jun. 2023)


MIC:FLOT PAO Sovcomflot MIC:FLOT
17 GF Score
Price ₽73.54
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What is PAO Sovcomflot Total Inventories?

PAO Sovcomflot MIC:FLOT +0.18% 17 Total Inventories is ₽3,224 Mil as of Jun. 2023. GuruFocus rates MIC:FLOT with a GF Score™ of 17/100.

PAO Sovcomflot's total inventories for the quarter that ended in Jun. 2023 was ₽3,224 Mil. PAO Sovcomflot's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Jun. 2023 was ₽3,971 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PAO Sovcomflot's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₽-32.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PAO Sovcomflot's Days Inventory for the six months ended in Jun. 2023 was 29.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. PAO Sovcomflot's Inventory Turnover for the quarter that ended in Jun. 2023 was 6.19.

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. PAO Sovcomflot's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.04.


PAO Sovcomflot  (MIC:FLOT) 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.

PAO Sovcomflot'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)
=(87324.646+0.75 * 17409.822+0.5 * 3223.798-167564.112
-0-10791.712)/2333.655
=-32.72

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

PAO Sovcomflot'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
=3971.202/24562.689*365 / 2
=29.51

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

PAO Sovcomflot'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 )
=24562.689 / 3971.202
=6.19

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.

PAO Sovcomflot'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 )
=3971.202 / 98614.512
=0.04

* 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.


PAO Sovcomflot Total Inventories Related Terms


PAO Sovcomflot Total Inventories Historical Data

* Premium members only.

The historical data trend for PAO Sovcomflot'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.

PAO Sovcomflot Total Inventories Chart

PAO Sovcomflot Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Inventories
Get a 7-Day Free Trial Premium Member Only 3,562.54 4,689.34 3,330.89 3,295.96 4,718.61

PAO Sovcomflot Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 2,883.80 3,295.96 4,825.10 4,718.61 3,223.80
MIC:FLOT
17GF Score
PAO Sovcomflot MIC:FLOT
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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PAO Sovcomflot 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₽3,224 Mil mean?
PAO Sovcomflot (MIC:FLOT) has a Total Inventories of ₽3,224 Mil as of Jun. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for PAO Sovcomflot and its competitors.
Is PAO Sovcomflot's Total Inventories too high?
PAO Sovcomflot's current Total Inventories is ₽3,224 Mil. Overall, PAO Sovcomflot has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PAO Sovcomflot's Total Inventories compare to EPD and WMB?
PAO Sovcomflot's Total Inventories of ₽3,224 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for PAO Sovcomflot and its competitors. PAO Sovcomflot's current Total Inventories is ₽3,224 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PAO Sovcomflot stock overvalued right now?
PAO Sovcomflot (MIC:FLOT) has a current Total Inventories of ₽3,224 Mil. The current Total Inventories is ₽3,224 Mil. PAO Sovcomflot's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For PAO Sovcomflot (MIC:FLOT), the current Total Inventories is ₽3,224 Mil 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.

PAO Sovcomflot Business Description

Industry EnergyOil & Gas
Address 6 Gasheka Street, Moscow, RUS, 125047
PAO Sovcomflot is a shipping company. It provides maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil and gas production. The company's operating segment includes Offshore services; Gas transportation; Crude oil transportation; Oil products transportation and others. It generates maximum revenue from the Offshore services segment.
17GF Score

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