Ros Agro (MIC:AGRO) Inventory Turnover : 0.55 (As of Mar. 2024)

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What is Ros Agro Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Ros Agro's Cost of Goods Sold for the three months ended in Mar. 2024 was ₽54,486 Mil. Ros Agro's Average Total Inventories for the quarter that ended in Mar. 2024 was ₽98,309 Mil. Ros Agro's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.55.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ros Agro's Days Inventory for the three months ended in Mar. 2024 was 164.64.

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. Ros Agro's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.44.

Ros Agro Inventory Turnover Historical Data

The historical data trend for Ros Agro's Inventory Turnover 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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Ros Agro Inventory Turnover Chart

Ros Agro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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2.24

1.95

2.26

2.47

2.25

Ros Agro Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															0.47	0.53	0.45	0.72	0.55

Ros Agro Inventory Turnover Calculation

Ros Agro's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	201271.772	/ (	(78580.317	+	100617.833)	/	2 )
=	201271.772	/	89599.075
=	2.25

Ros Agro's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	54485.72	/ (	(100617.833	+	95999.624)	/	2 )
=	54485.72	/	98308.7285
=	0.55

Ros Agro (MIC:AGRO) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Ros Agro's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	98308.7285	/	54485.72	*	365 / 4
	=	164.64

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.

Ros Agro's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	98308.7285	/	68308.926
	=	1.44

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Ros Agro Inventory Turnover Related Terms

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Ros Agro (MIC:AGRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ros Agro PLC (MIC:AGRO) » Definitions » Inventory Turnover

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AGRO:UK

Address

25 Aphrodite Street, 3rd Floor, Office 300, Nicosia, CYP, CY-1060

Website

https://www.rusagrogroup.ru

Ros Agro PLC is a Russian company which is engaged in agricultural production and cultivation of sugar beet, grain, and other agricultural crops as well as cultivation of pigs, processing of raw sugar and production of sugar from sugar beet, production, and processing of vegetable oil. Its segments include Meat, Sugar, Agriculture, Oil and Fat, and others. The company generates maximum revenue from Oil and Fat segment. The company's products include sugar cubes, packaged sugar, commercial sugar rice, whole grain buckwheat, sugar beet, grains, sunflower seeds, soybean oil, soybean meal, mayonnaise, soap, vegetable oil, margarine, mustard, spreads, and others.