Izhstal PAO (MIC:IGST) Days Inventory : 70.06 (As of Dec. 2021)

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What is Izhstal PAO Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Izhstal PAO's Average Total Inventories for the six months ended in Dec. 2021 was ₽4,378 Mil. Izhstal PAO's Cost of Goods Sold for the six months ended in Dec. 2021 was ₽22,808 Mil. Hence, Izhstal PAO's Days Inventory for the six months ended in Dec. 2021 was 35.03.

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

MIC:IGST's Days Inventory is not ranked ^*
in the Steel industry.
Industry Median: 88.18
* Ranked among companies with meaningful Days Inventory only.

Izhstal PAO's Days Inventory increased from Dec. 2019 (51.97) to Dec. 2021 (70.06). It might indicate that Izhstal PAO's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Izhstal PAO's Inventory Turnover for the six months ended in Dec. 2021 was 5.21.

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. Izhstal PAO's Inventory-to-Revenue for the six months ended in Dec. 2021 was 0.16.

Izhstal PAO Days Inventory Historical Data

The historical data trend for Izhstal PAO'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.

* Premium members only.

Izhstal PAO Days Inventory Chart

Izhstal PAO Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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59.11

53.13

51.97

65.88

70.06

Izhstal PAO Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Days Inventory	Get a 7-Day Free Trial								59.11	53.13	51.97	65.88	70.06

Competitive Comparison of Izhstal PAO's Days Inventory

For the Steel subindustry, Izhstal PAO'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.

Izhstal PAO's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Izhstal PAO's Days Inventory distribution charts can be found below:

* The bar in red indicates where Izhstal PAO's Days Inventory falls into.

Izhstal PAO Days Inventory Calculation

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

Izhstal PAO's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (3296.117	+	5459.187)	/	2 )	/	22808.239	*	365
=	4377.652					/	22808.239	*	365
=	70.06

Izhstal PAO's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

	Days Inventory (Q: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (3296.117	+	5459.187)	/	2 )	/	22808.239	*	365 / 2
=	4377.652					/	22808.239	*	365 / 2
=	35.03

Izhstal PAO (MIC:IGST) 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.

Izhstal PAO's Inventory Turnover for the six months ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	22808.239	/	4377.652
	=	5.21

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.

Izhstal PAO's Inventory to Revenue for the six months ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4377.652	/	27946.669
	=	0.16

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.

Izhstal PAO Days Inventory Related Terms

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

Izhstal PAO (MIC:IGST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Izhstal PAO (MIC:IGST) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IGSTP:Russia

Address

Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006

Website

http://www.mechel.com

Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.

Izhstal PAO (MIC:IGST) Headlines

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