PAO Sovcomflot (MIC:FLOT) Days Inventory : 30.37 (As of Jun. 2023)

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What is PAO Sovcomflot Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). PAO Sovcomflot's Average Total Inventories for the three months ended in Jun. 2023 was ₽3,971 Mil. PAO Sovcomflot's Cost of Goods Sold for the three months ended in Jun. 2023 was ₽11,931 Mil. Hence, PAO Sovcomflot's Days Inventory for the three months ended in Jun. 2023 was 30.37.

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

MIC:FLOT' s Days Inventory Range Over the Past 10 Years
Min: 14.27 Med: 17.64 Max: 98.63
Current: 98.63

During the past 9 years, PAO Sovcomflot's highest Days Inventory was 98.63. The lowest was 14.27. And the median was 17.64.

MIC:FLOT's Days Inventory is ranked worse than
84.91% of 729 companies
in the Oil & Gas industry
Industry Median: 31.29 vs MIC:FLOT: 98.63

PAO Sovcomflot's Days Inventory increased from Mar. 2021 (28.31) to Jun. 2023 (30.37). It might indicate that PAO Sovcomflot's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. PAO Sovcomflot's Inventory Turnover for the three months ended in Jun. 2023 was 3.00.

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. PAO Sovcomflot's Inventory-to-Revenue for the three months ended in Jun. 2023 was 0.08.

PAO Sovcomflot Days Inventory Historical Data

The historical data trend for PAO Sovcomflot'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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PAO Sovcomflot Days Inventory Chart

PAO Sovcomflot Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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18.59

18.40

20.64

15.18

16.87

PAO Sovcomflot Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23
Days Inventory	Get a 7-Day Free Trial															28.31	30.52	27.31	10.07	30.37

Competitive Comparison of PAO Sovcomflot's Days Inventory

For the Oil & Gas Midstream subindustry, PAO Sovcomflot'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.

PAO Sovcomflot's Days Inventory Distribution in the Oil & Gas Industry

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

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

PAO Sovcomflot Days Inventory Calculation

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

PAO Sovcomflot'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
=	( (3295.959	+	4718.606)	/	2 )	/	86724.791	*	365
=	4007.2825					/	86724.791	*	365
=	16.87

PAO Sovcomflot'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: Dec. 2021 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (4718.606	+	3223.798)	/	2 )	/	11930.535	*	365 / 4
=	3971.202					/	11930.535	*	365 / 4
=	30.37

PAO Sovcomflot (MIC:FLOT) 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.

PAO Sovcomflot's Inventory Turnover for the three months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11930.535	/	3971.202
	=	3.00

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.

PAO Sovcomflot's Inventory to Revenue for the three months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	3971.202	/	47733.34
	=	0.08

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.

PAO Sovcomflot Days Inventory Related Terms

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

PAO Sovcomflot (MIC:FLOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PAO Sovcomflot (MIC:FLOT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Gasheka Street, Moscow, RUS, 125047

Website

https://www.scf-group.ru

PAO Sovcomflot is a shipping company. It provides maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil and gas production. The company's operating segment includes Offshore services; Gas transportation; Crude oil transportation; Oil products transportation and others. It generates maximum revenue from the Offshore services segment.