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Gazprom Neft PJSC (MIC:SIBN) Total Inventories : ₽256,568 Mil (As of Jun. 2023)


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What is Gazprom Neft PJSC Total Inventories?

Gazprom Neft PJSC's total inventories for the quarter that ended in Jun. 2023 was ₽256,568 Mil. Gazprom Neft PJSC's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Jun. 2023 was ₽128,284 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gazprom Neft PJSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₽-354.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gazprom Neft PJSC's Days Inventory for the three months ended in Jun. 2023 was 35.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gazprom Neft PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 2.57.

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. Gazprom Neft PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.16.


Gazprom Neft PJSC Total Inventories Historical Data

The historical data trend for Gazprom Neft 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.

Gazprom Neft PJSC Total Inventories Chart

Gazprom Neft 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 118,322.00 149,956.00 173,674.00 217,414.00 229,900.00

Gazprom Neft PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 270,770.00 297,378.00 229,900.00 - 256,568.00

Gazprom Neft 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.


Gazprom Neft PJSC  (MIC:SIBN) 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.

Gazprom Neft 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)
=(245776+0.75 * 211004+0.5 * 256568-2122974
-0-81989)/4718.000
=-354.53

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

Gazprom Neft PJSC's Days Inventory for the three 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
=128284/329310*365 / 4
=35.55

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

Gazprom Neft 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 )
=329310 / 128284
=2.57

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.

Gazprom Neft 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 )
=128284 / 821617
=0.16

* 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.


Gazprom Neft PJSC Total Inventories Related Terms

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Gazprom Neft PJSC (MIC:SIBN) Business Description

Traded in Other Exchanges
N/A
Address
3-5 Pochtamtskaya Street, Saint Petersburg, RUS, 190000
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.