Cherkizovo Group PJSC (MIC:GCHE) Days Inventory : 146.29 (As of Dec. 2023)

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What is Cherkizovo Group PJSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cherkizovo Group PJSC's Average Total Inventories for the six months ended in Dec. 2023 was ₽66,917 Mil. Cherkizovo Group PJSC's Cost of Goods Sold for the six months ended in Dec. 2023 was ₽83,480 Mil. Hence, Cherkizovo Group PJSC's Days Inventory for the six months ended in Dec. 2023 was 146.29.

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

MIC:GCHE' s Days Inventory Range Over the Past 10 Years
Min: 111.64 Med: 124.57 Max: 149.26
Current: 149.26

During the past 13 years, Cherkizovo Group PJSC's highest Days Inventory was 149.26. The lowest was 111.64. And the median was 124.57.

MIC:GCHE's Days Inventory is ranked worse than
77.49% of 1786 companies
in the Consumer Packaged Goods industry
Industry Median: 81.945 vs MIC:GCHE: 149.26

Cherkizovo Group PJSC's Days Inventory increased from Dec. 2022 (139.89) to Dec. 2023 (146.29). It might indicate that Cherkizovo Group PJSC's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cherkizovo Group PJSC's Inventory Turnover for the six months ended in Dec. 2023 was 1.25.

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. Cherkizovo Group PJSC's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.54.

Cherkizovo Group PJSC Days Inventory Historical Data

The historical data trend for Cherkizovo Group 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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Cherkizovo Group PJSC Days Inventory Chart

Cherkizovo Group PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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111.64

133.85

128.80

127.79

145.48

Cherkizovo Group PJSC Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															122.06	133.63	139.89	156.97	146.29

Competitive Comparison of Cherkizovo Group PJSC's Days Inventory

For the Packaged Foods subindustry, Cherkizovo Group 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.

Cherkizovo Group PJSC's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cherkizovo Group PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cherkizovo Group PJSC's Days Inventory falls into.

Cherkizovo Group PJSC Days Inventory Calculation

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

Cherkizovo Group PJSC's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (54315	+	67937)	/	2 )	/	153363	*	365
=	61126					/	153363	*	365
=	145.48

Cherkizovo Group PJSC's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (65896	+	67937)	/	2 )	/	83480	*	365 / 2
=	66916.5					/	83480	*	365 / 2
=	146.29

Cherkizovo Group PJSC (MIC:GCHE) 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.

Cherkizovo Group PJSC's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	83480	/	66916.5
	=	1.25

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.

Cherkizovo Group PJSC's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	66916.5	/	123899
	=	0.54

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.

Cherkizovo Group PJSC Days Inventory Related Terms

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

Cherkizovo Group PJSC (MIC:GCHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cherkizovo Group PJSC (MIC:GCHE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Cherkizovskaya Street, Topkanovo Village, Kashira, Moscow, RUS, 142931

Website

https://www.cherkizovo.com

Cherkizovo Group PJSC is an integrated diversified meat producer in the Russian Federation. Its business segments are Meat Processing, Chicken, Pork, Grain, and Other. The company generates maximum revenue from the Poultry segment. Its Poultry segment operations consist of breeding, raising and processing broilers, as well as sales of chilled and frozen chicken products. The Meat processing segment operations include the production of two distinct product lines: the Sausages product line, which comprises a wide range of processed meat products, including sausages, ham, hot dogs, and the Pork product line, which comprises production and sales of pork meat.

Cherkizovo Group PJSC (MIC:GCHE) Headlines

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