Public Joint Stock Company Rosseti North-West (MIC:MRKZ) Inventory Turnover : 3.01 (As of Dec. 2023)

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What is Public Joint Stock Company Rosseti North-West 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. Public Joint Stock Company Rosseti North-West's Cost of Goods Sold for the three months ended in Dec. 2023 was ₽4,463 Mil. Public Joint Stock Company Rosseti North-West's Average Total Inventories for the quarter that ended in Dec. 2023 was ₽1,482 Mil. Public Joint Stock Company Rosseti North-West's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Public Joint Stock Company Rosseti North-West's Days Inventory for the three months ended in Dec. 2023 was 30.29.

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. Public Joint Stock Company Rosseti North-West's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.14.

Public Joint Stock Company Rosseti North-West Inventory Turnover Historical Data

The historical data trend for Public Joint Stock Company Rosseti North-West'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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Public Joint Stock Company Rosseti North-West Inventory Turnover Chart

Public Joint Stock Company Rosseti North-West Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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27.79

25.62

25.17

20.04

21.34

Public Joint Stock Company Rosseti North-West Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															2.85	5.73	4.16	4.15	3.01

Public Joint Stock Company Rosseti North-West Inventory Turnover Calculation

Public Joint Stock Company Rosseti North-West'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 )
=	27406.533	/ (	(1261.884	+	1306.549)	/	2 )
=	27406.533	/	1284.2165
=	21.34

Public Joint Stock Company Rosseti North-West'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 )
=	4463.256	/ (	(1656.946	+	1306.549)	/	2 )
=	4463.256	/	1481.7475
=	3.01

Public Joint Stock Company Rosseti North-West (MIC:MRKZ) 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.

Public Joint Stock Company Rosseti North-West'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
	=	1481.7475	/	4463.256	*	365 / 4
	=	30.29

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.

Public Joint Stock Company Rosseti North-West'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 )
	=	1481.7475	/	10845.336
	=	0.14

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.

Public Joint Stock Company Rosseti North-West Inventory Turnover Related Terms

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Public Joint Stock Company Rosseti North-West (MIC:MRKZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Public Joint Stock Company Rosseti North-West (MIC:MRKZ) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Constitution Square,3 ?, Saint Petersburg, RUS, 196247

Website

http://www.mrsksevzap.ru

Interregional Distribution Grid Company of the North-West PJSC operates in the electric power industry in the Russian Federation. The company's primary activity is the provision of electricity transmission services and connection services within regions of the Russian Federation. The company's business activities are segmented as follows: Transmission segment, Energy Retail segment, and Other segment. The company derives the majority of its revenue from power transmitting.

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