TGC No 2 PJSC (MIC:TGKB) Days Inventory : 332.69 (As of Jun. 2023)

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What is TGC No 2 PJSC Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). TGC No 2 PJSC's Average Total Inventories for the six months ended in Jun. 2023 was ₽1,593 Mil. TGC No 2 PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽874 Mil. Hence, TGC No 2 PJSC's Days Inventory for the six months ended in Jun. 2023 was 332.69.

The historical rank and industry rank for TGC No 2 PJSC's Days Inventory or its related term are showing as below:

MIC:TGKB' s Days Inventory Range Over the Past 10 Years
Min: 115.09 Med: 214.48 Max: 601.14
Current: 369.16

During the past 13 years, TGC No 2 PJSC's highest Days Inventory was 601.14. The lowest was 115.09. And the median was 214.48.

MIC:TGKB's Days Inventory is ranked worse than
92.4% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 31.14 vs MIC:TGKB: 369.16

TGC No 2 PJSC's Days Inventory declined from Jun. 2022 (385.28) to Jun. 2023 (332.69).

Inventory Turnover measures how fast the company turns over its inventory within a year. TGC No 2 PJSC's Inventory Turnover for the six months ended in Jun. 2023 was 0.55.

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. TGC No 2 PJSC's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.06.

TGC No 2 PJSC Days Inventory Historical Data

The historical data trend for TGC No 2 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.

* Premium members only.

TGC No 2 PJSC Days Inventory Chart

TGC No 2 PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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115.09

166.07

203.21

435.40

370.55

TGC No 2 PJSC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															103.55	-	385.28	399.49	332.69

Competitive Comparison of TGC No 2 PJSC's Days Inventory

For the Utilities - Independent Power Producers subindustry, TGC No 2 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.

TGC No 2 PJSC's Days Inventory Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TGC No 2 PJSC's Days Inventory distribution charts can be found below:

* The bar in red indicates where TGC No 2 PJSC's Days Inventory falls into.

TGC No 2 PJSC Days Inventory Calculation

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

TGC No 2 PJSC's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (1733.576	+	1594.063)	/	2 )	/	1638.896	*	365
=	1663.8195					/	1638.896	*	365
=	370.55

TGC No 2 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: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1594.063	+	1592.005)	/	2 )	/	873.87	*	365 / 2
=	1593.034					/	873.87	*	365 / 2
=	332.69

TGC No 2 PJSC (MIC:TGKB) 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.

TGC No 2 PJSC's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	873.87	/	1593.034
	=	0.55

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.

TGC No 2 PJSC's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1593.034	/	27933.625
	=	0.06

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.

TGC No 2 PJSC Days Inventory Related Terms

Thank you for viewing the detailed overview of TGC No 2 PJSC's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

TGC No 2 PJSC (MIC:TGKB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TGC No 2 PJSC (MIC:TGKB) » Definitions » Days Inventory

Traded in Other Exchanges

TGKBP:Russia

Address

Prospekt Oktyabrya, 42, Yaroslavl, RUS, 150040

Website

http://www.tgc-2.ru

TGC No 2 PJSC is heat and power generating company in the Northern and Northwest parts of Russia. The company's activities involve heat and power production as well as the sale of heat (steam and hot water) to consumers. Its enterprises are in Arkhangelsk, Vologda, Kostroma, Novgorod and Yaroslavl regions of Russia, and in Skopje (Macedonia).

TGC No 2 PJSC (MIC:TGKB) Headlines

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