Magnit PJSC (XKAZ:RU_MGNT) Total Inventories : ₸1,208,287 Mil (As of Jun. 2023)

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What is Magnit PJSC Total Inventories?

Magnit PJSC's total inventories for the quarter that ended in Jun. 2023 was ₸1,208,287 Mil. Magnit PJSC's average total inventories from the quarter that ended in Dec. 2022 to the quarter that ended in Jun. 2023 was ₸1,442,625 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Magnit PJSC's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₸-42,046.92.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magnit PJSC's Days Inventory for the six months ended in Jun. 2023 was 50.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Magnit PJSC's Inventory Turnover for the quarter that ended in Jun. 2023 was 3.63.

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. Magnit PJSC's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.21.

Magnit PJSC Total Inventories Historical Data

The historical data trend for Magnit 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.

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Magnit PJSC Total Inventories Chart

Magnit PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Inventories

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977,678.35

1,354,685.84

1,175,968.11

1,326,335.77

1,676,961.90

Magnit PJSC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Inventories	Get a 7-Day Free Trial															1,161,959.44	1,326,335.77	1,447,299.37	1,676,961.90	1,208,287.34

Magnit 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.

Magnit PJSC (XKAZ:RU_MGNT) 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.

Magnit 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)
=	(1654323.857	+	0.75 * 31919.858	+	0.5 * 1208287.34	-	6406957.557
-	0	-	0)	/	98.094
=	-42,046.92

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

Magnit PJSC's Days Inventory for the six 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
	=	1442624.618	/	5242357.074	*	365 / 2
	=	50.22

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

Magnit 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 )
	=	5242357.074	/	1442624.618
	=	3.63

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.

Magnit 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 )
	=	1442624.618	/	6792085.728
	=	0.21

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.

Magnit PJSC Total Inventories Related Terms

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Magnit PJSC (XKAZ:RU_MGNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magnit PJSC (XKAZ:RU_MGNT) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

MGNT:Russia

Address

15/5, Solnechnaya Street, Krasnodar, RUS, 350072

Website

https://www.magnit.com

PJSC Magnit operates in the retail and distribution of consumer goods under the Magnit, the DIXY and the Megamart names. The Group's retail operations are operated through convenience stores, cosmetic stores, supermarkets and other. The Group's business operations are located in the Russian Federation and relate primarily to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.

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