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PJSC Lukoil (MIC:LKOH) Total Inventories : ₽89,969 Mil (As of Sep. 2023)


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What is PJSC Lukoil Total Inventories?

PJSC Lukoil's total inventories for the quarter that ended in Sep. 2023 was ₽89,969 Mil. PJSC Lukoil's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was ₽71,865 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PJSC Lukoil's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was ₽-511.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. PJSC Lukoil's Days Inventory for the three months ended in Sep. 2023 was 10.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. PJSC Lukoil's Inventory Turnover for the quarter that ended in Sep. 2023 was 8.40.

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. PJSC Lukoil's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.09.


PJSC Lukoil Total Inventories Historical Data

The historical data trend for PJSC Lukoil'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.

PJSC Lukoil Total Inventories Chart

PJSC Lukoil Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 381,737.00 413,910.00 54.77 64,449.87 43,046.07

PJSC Lukoil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 61,397.35 43,046.07 51,011.60 53,761.09 89,968.92

PJSC Lukoil 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.


PJSC Lukoil  (MIC:LKOH) 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.

PJSC Lukoil's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(367735.919+0.75 * 807202.596+0.5 * 89968.921-1372685.931
-0-0)/692.866
=-511.73

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

PJSC Lukoil's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=71865.0065/603512.536*365 / 4
=10.87

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

PJSC Lukoil's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=603512.536 / 71865.0065
=8.40

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.

PJSC Lukoil's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=71865.0065 / 813962.099
=0.09

* 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.


PJSC Lukoil Total Inventories Related Terms

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PJSC Lukoil (MIC:LKOH) Business Description

Traded in Other Exchanges
N/A
Address
11, Sretensky Boulevard, Moscow, RUS, 101000
PJSC Lukoil directs the financial decisions and operations of the main group's subsidiaries. Altogether, Lukoil is an integrated oil company that has exposure to the entire range of activities in the oil and gas cycle from exploration to sales of refined products. Exploration and production activities are conducted with assets located in Russia, Iraq, and Uzbekistan, on offshore and onshore fields. Lukoil brings an array of petroleum products to the market through its refinery unit, including gasoline, medium distillates, dark petroleum products, lubricants, and other related products. Russia constitutes a significant portion of the group's distribution network; however, its products penetrate a number of different markets in Europe and the Americas.

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