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Entertainment Network (India) (BOM:532700) Days Inventory : 0.00 (As of Mar. 2024)


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What is Entertainment Network (India) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Entertainment Network (India)'s Average Total Inventories for the three months ended in Mar. 2024 was ₹0 Mil. Entertainment Network (India)'s Cost of Goods Sold for the three months ended in Mar. 2024 was ₹448 Mil. Hence, Entertainment Network (India)'s Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Entertainment Network (India)'s Days Inventory or its related term are showing as below:

BOM:532700's Days Inventory is not ranked *
in the Media - Diversified industry.
Industry Median: 26.41
* Ranked among companies with meaningful Days Inventory only.

Entertainment Network (India)'s Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

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

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. Entertainment Network (India)'s Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Entertainment Network (India) Days Inventory Historical Data

The historical data trend for Entertainment Network (India)'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.

Entertainment Network (India) Days Inventory Chart

Entertainment Network (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
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Entertainment Network (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Entertainment Network (India)'s Days Inventory

For the Broadcasting subindustry, Entertainment Network (India)'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.


Entertainment Network (India)'s Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Entertainment Network (India)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where Entertainment Network (India)'s Days Inventory falls into.



Entertainment Network (India) Days Inventory Calculation

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

Entertainment Network (India)'s Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 1488.268*365
=0 / 1488.268*365
=0.00

Entertainment Network (India)'s Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 448.267*365 / 4
=0 / 448.267*365 / 4
=0.00

* 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.


Entertainment Network (India)  (BOM:532700) 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.

Entertainment Network (India)'s Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Entertainment Network (India)'s Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


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.


Entertainment Network (India) Days Inventory Related Terms

Thank you for viewing the detailed overview of Entertainment Network (India)'s Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Entertainment Network (India) (BOM:532700) Business Description

Traded in Other Exchanges
Address
Senapati Bapat Marg, 14th Floor, Trade World, D wing, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400013
Entertainment Network (India) Ltd is a radio broadcasting company. Its stations are Yo Punjabi Mirchi (Punjabi), Mirchi Tapaka (Telugu), Mirchi Top Takkar (Tamil), Wakao (cool Hindi retro), Mirchi Mehfil (Ghazals) and Mirchi Top 20. It has its FM radio stations under the brand name Radio Mirchi at various places in India. Mirchi streams around 16 online stations on the Gaana.com platform. The company provides radio advertising services and Media Solutions to clients. The firm classifies its Media Solutions as under Branded Solutions that provides various branded services which include Concerts, Award Shows, On-Air properties, Brand Licensing, Multimedia, and Digital services. Managed Solutions provides services to manage the intellectual properties, activities, or events of Clients.

Entertainment Network (India) (BOM:532700) Headlines

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