Transneft PJSC (MIC:TRNFP) Days Inventory : 25.96 (As of Dec. 2023)

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What is Transneft PJSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Transneft PJSC's Average Total Inventories for the three months ended in Dec. 2023 was ₽52,228 Mil. Transneft PJSC's Cost of Goods Sold for the three months ended in Dec. 2023 was ₽183,552 Mil. Hence, Transneft PJSC's Days Inventory for the three months ended in Dec. 2023 was 25.96.

The historical rank and industry rank for Transneft PJSC's Days Inventory or its related term are showing as below:

MIC:TRNFP' s Days Inventory Range Over the Past 10 Years
Min: 21.92 Med: 34.95 Max: 83.13
Current: 34.65

During the past 13 years, Transneft PJSC's highest Days Inventory was 83.13. The lowest was 21.92. And the median was 34.95.

MIC:TRNFP's Days Inventory is ranked worse than
53.29% of 730 companies
in the Oil & Gas industry
Industry Median: 31.41 vs MIC:TRNFP: 34.65

Transneft PJSC's Days Inventory increased from Sep. 2022 (0.00) to Dec. 2023 (25.96). It might indicate that Transneft PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Transneft PJSC's Inventory Turnover for the three months ended in Dec. 2023 was 3.51.

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. Transneft PJSC's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.15.

Transneft PJSC Days Inventory Historical Data

The historical data trend for Transneft PJSC's Days Inventory 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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Transneft PJSC Days Inventory Chart

Transneft PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec22

Dec23

Days Inventory

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33.13

30.12

29.99

21.92

25.40

Transneft PJSC Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	23.81	28.04	26.01	25.96

Competitive Comparison of Transneft PJSC's Days Inventory

For the Oil & Gas Midstream subindustry, Transneft PJSC's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Transneft PJSC's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Transneft PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Transneft PJSC's Days Inventory falls into.

Transneft PJSC Days Inventory Calculation

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

Transneft PJSC's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (37772	+	51848)	/	2 )	/	643944	*	365
=	44810					/	643944	*	365
=	25.40

Transneft PJSC's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (52608	+	51848)	/	2 )	/	183552	*	365 / 4
=	52228					/	183552	*	365 / 4
=	25.96

Transneft PJSC (MIC:TRNFP) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Transneft PJSC's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	183552	/	52228
	=	3.51

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.

Transneft PJSC's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	52228	/	350785
	=	0.15

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Transneft PJSC Days Inventory Related Terms

Thank you for viewing the detailed overview of Transneft PJSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Transneft PJSC (MIC:TRNFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transneft PJSC (MIC:TRNFP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Building No. 2, Presnenskaya Embankment, Moscow, RUS, 123112

Website

https://www.transneft.ru

Transneft PJSC along with its subsidiaries is engaged in the business of transfer, coordination and management of transportation of petroleum and petroleum products through pipelines within Russia and abroad. The operating business segments are - Oil transportation, Petroleum products transportation, Trading operations for sale of oil and petroleum products, and Stevedoring additional ports services and fleet services. Geographically, the company operates in Russian Federation, China, and Other countries with maximum revenue from Russian Federation.

Transneft PJSC (MIC:TRNFP) Headlines

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