Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Days Inventory : 77.69 (As of Jun. 2023)

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What is Ashinskiy Metallurgical Works PJSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ashinskiy Metallurgical Works PJSC's Average Total Inventories for the six months ended in Jun. 2023 was ₽6,893 Mil. Ashinskiy Metallurgical Works PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽16,191 Mil. Hence, Ashinskiy Metallurgical Works PJSC's Days Inventory for the six months ended in Jun. 2023 was 77.69.

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

MIC:AMEZ' s Days Inventory Range Over the Past 10 Years
Min: 55.66 Med: 71.63 Max: 155.38
Current: 155.38

During the past 13 years, Ashinskiy Metallurgical Works PJSC's highest Days Inventory was 155.38. The lowest was 55.66. And the median was 71.63.

MIC:AMEZ's Days Inventory is ranked worse than
83.13% of 575 companies
in the Steel industry
Industry Median: 86.14 vs MIC:AMEZ: 155.38

Ashinskiy Metallurgical Works PJSC's Days Inventory increased from Dec. 2021 (71.79) to Jun. 2023 (77.69). It might indicate that Ashinskiy Metallurgical Works PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ashinskiy Metallurgical Works PJSC's Inventory Turnover for the six months ended in Jun. 2023 was 2.35.

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. Ashinskiy Metallurgical Works PJSC's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.29.

Ashinskiy Metallurgical Works PJSC Days Inventory Historical Data

The historical data trend for Ashinskiy Metallurgical Works 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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Ashinskiy Metallurgical Works PJSC Days Inventory Chart

Ashinskiy Metallurgical Works PJSC Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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75.38

76.04

73.93

74.97

67.30

Ashinskiy Metallurgical Works PJSC Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Inventory	Get a 7-Day Free Trial															62.58	63.24	71.79	76.72	77.69

Competitive Comparison of Ashinskiy Metallurgical Works PJSC's Days Inventory

For the Steel subindustry, Ashinskiy Metallurgical Works 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.

Ashinskiy Metallurgical Works PJSC's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashinskiy Metallurgical Works PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ashinskiy Metallurgical Works PJSC's Days Inventory falls into.

Ashinskiy Metallurgical Works PJSC Days Inventory Calculation

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

Ashinskiy Metallurgical Works PJSC'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
=	( (3884.963	+	6219.663)	/	2 )	/	27402.87	*	365
=	5052.313					/	27402.87	*	365
=	67.30

Ashinskiy Metallurgical Works PJSC's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0	+	6892.595)	/	1 )	/	16191.388	*	365 / 2
=	6892.595					/	16191.388	*	365 / 2
=	77.69

Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) 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.

Ashinskiy Metallurgical Works PJSC's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	16191.388	/	6892.595
	=	2.35

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.

Ashinskiy Metallurgical Works PJSC's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6892.595	/	24107.441
	=	0.29

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.

Ashinskiy Metallurgical Works PJSC Days Inventory Related Terms

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

Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Asha city, Mira Street no. 9, Chelyabinsk, RUS, 456010

Website

http://www.amet.ru

Ashinskiy Metallurgical Works PJSC is engaged in the business of producing stainless and carbon steel. The main activity of the company is the production of hot-rolled and cold-rolled sheet (flat) steel, and consumer goods, as well as the production of tapes and magnetic cores at the main production site located in the city of Asha.

Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Headlines

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