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Network Media Group (TSXV:NTE) Days Inventory : 0.00 (As of Feb. 2024)


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What is Network Media Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Network Media Group's Average Total Inventories for the three months ended in Feb. 2024 was C$0.00 Mil. Network Media Group's Cost of Goods Sold for the three months ended in Feb. 2024 was C$1.87 Mil. Hence, Network Media Group's Days Inventory for the three months ended in Feb. 2024 was 0.00.

The historical rank and industry rank for Network Media Group's Days Inventory or its related term are showing as below:

TSXV:NTE's Days Inventory is not ranked *
in the Media - Diversified industry.
Industry Median: 26.06
* Ranked among companies with meaningful Days Inventory only.

Network Media Group's Days Inventory stayed the same from Feb. 2023 (0.00) to Feb. 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. Network Media Group's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.00.


Network Media Group Days Inventory Historical Data

The historical data trend for Network Media Group'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.

Network Media Group Days Inventory Chart

Network Media Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Inventory
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Network Media Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Network Media Group's Days Inventory

For the Entertainment subindustry, Network Media Group'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.


Network Media Group's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Network Media Group's Days Inventory falls into.



Network Media Group Days Inventory Calculation

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

Network Media Group's Days Inventory for the fiscal year that ended in Nov. 2023 is calculated as

Days Inventory (A: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count ) / Cost of Goods Sold (A: Nov. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 2.875*365
=0 / 2.875*365
=0.00

Network Media Group's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 1.872*365 / 4
=0 / 1.872*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.


Network Media Group  (TSXV:NTE) 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.

Network Media Group's Inventory Turnover for the three months ended in Feb. 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.

Network Media Group's Inventory to Revenue for the three months ended in Feb. 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.


Network Media Group Days Inventory Related Terms

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


Network Media Group (TSXV:NTE) Business Description

Traded in Other Exchanges
Address
1525 West 8 Avenue, Suite 207, Vancouver, BC, CAN, V6C 1T5
Network Media Group Inc is a television, film, and NFT production company. Through its subsidiaries, the company is engaged in the development and production of entertainment content. The company develops and produces film, and television and NFT properties in addition to providing production services to third parties. The principal business of the company is the development, financing, production, marketing and distribution of documentaries and docu-series. Network NFT Studios collaborates with IP owners, artists and top talent to create engagement campaigns using non-fungible tokens.
Executives
Curtis White Senior Officer

Network Media Group (TSXV:NTE) Headlines

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