PAO Sovcomflot (MIC:FLOT) Total Inventories : ₽3,224 Mil (As of Jun. 2023)

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What is PAO Sovcomflot Total Inventories?

PAO Sovcomflot's total inventories for the quarter that ended in Jun. 2023 was ₽3,224 Mil. PAO Sovcomflot's average total inventories from the quarter that ended in Dec. 2021 to the quarter that ended in Jun. 2023 was ₽3,971 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. PAO Sovcomflot's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was ₽-32.63.

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 three months ended in Jun. 2023 was 30.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. PAO Sovcomflot's Inventory Turnover for the quarter that 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 quarter that ended in Jun. 2023 was 0.08.

PAO Sovcomflot Total Inventories Historical Data

The historical data trend for PAO Sovcomflot's Total Inventories 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 Total Inventories Chart

PAO Sovcomflot Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Inventories

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3,562.54

4,689.34

3,330.89

3,295.96

4,718.61

PAO Sovcomflot Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23
Total Inventories	Get a 7-Day Free Trial															4,856.49	4,825.10	4,794.47	4,718.61	3,223.80

PAO Sovcomflot Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

PAO Sovcomflot (MIC:FLOT) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

PAO Sovcomflot's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

	Net-Net Working Capital Per Share (Q: Jun. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(87324.646	+	0.75 * 17409.822	+	0.5 * 3223.798	-	167564.112
-	0	-	10791.712)	/	2340.356
=	-32.63

2. 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 three months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	3971.202	/	11930.535	*	365 / 4
	=	30.37

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2023 )	/	Average Total Inventories (Q: Jun. 2023 )
	=	11930.535	/	3971.202
	=	3.00

4. 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 quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	3971.202	/	47733.34
	=	0.08

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

PAO Sovcomflot Total Inventories Related Terms

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PAO Sovcomflot (MIC:FLOT) Business Description

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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.