Days Inventory is also known as Days Sales of Inventory (DSI). Glacier Media's Average Total Inventories for the
three
months ended in Dec. 2023 was C$0.4 Mil. Glacier Media's Cost of Goods Sold for the
three
months ended in Dec. 2023 was C$25.9 Mil.
Hence, Glacier Media's Days Inventory for the
three
months ended in Dec. 2023 was 1.49.
The historical rank and industry rank for Glacier Media's Days Inventory or its related term are showing as below:
TSX:GVC'
s Days Inventory Range Over the Past 10 Years
Min: 4.92 Med: 8.21 Max: 11.26
Current: 4.92
During the past 13 years, Glacier Media's highest Days Inventory was 11.26. The lowest was 4.92. And the median was 8.21.
TSX:GVC's Days Inventory is ranked better than 82.6% of 655
companies
in the Media - Diversified industry
Industry Median: 26.06
vs TSX:GVC: 4.92
Glacier Media's Days Inventory
declined
from Dec. 2022 (8.48) to Dec. 2023 (1.49).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Glacier Media's Inventory Turnover for the
three
months ended in Dec. 2023 was 61.38.
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.
Glacier Media's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.01.
Glacier Media Days Inventory Historical Data
The historical data trend for Glacier Media'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.
Competitive Comparison of Glacier Media's Days Inventory
For the Publishing subindustry, Glacier Media'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.
Glacier Media's Days Inventory Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Glacier Media's Days Inventory distribution charts can be found below:
* The bar in red indicates where Glacier Media's Days Inventory falls into.
Glacier Media Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Glacier Media's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Glacier Media (TSX:GVC) 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.
Glacier Media's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Glacier Media's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Glacier Media Days Inventory Related Terms
Thank you for viewing the detailed overview of Glacier Media's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Glacier Media Inc offers information and marketing solutions. It operates in three segments Environmental, Property and Financial Information; Commodity Information; and Community Media. Environmental, Property and Financial Information includes the company's business-to-business content, marketing solutions and data information products that are environmental, and property-related. Commodity Information includes business-to-business content, marketing solutions, and data information products that are agriculture, energy and mining-related. The Community media segment includes the company's community media assets and related digital and printing operations. It has a business presence in the US and Canada and derives most of its revenue from the Community Media segment.
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