News (NWS) Days Inventory

: 0.00 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). News's Average Total Inventories for the three months ended in Dec. 2023 was $338 Mil. News's Cost of Goods Sold for the three months ended in Dec. 2023 was $0 Mil.

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

NWS's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 26.19
* Ranked among companies with meaningful Days Inventory only.

News's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. News's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.

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. News's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.13.

News Days Inventory Historical Data

The historical data trend for News'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.

News Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

News Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																-	-	-	-	-

Competitive Comparison

For the Entertainment subindustry, News'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.

News Days Inventory Distribution

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

* The bar in red indicates where News's Days Inventory falls into.

News Days Inventory Calculation

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

News's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (311	+	311)	/	2 )	/	0	*	365
=	311					/	0	*	365
=	N/A

News's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (378	+	297)	/	2 )	/	0	*	365 / 4
=	337.5					/	0	*	365 / 4
=	N/A

News (NAS:NWS) 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.

News's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	337.5
	=	0.00

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.

News's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	337.5	/	2586
	=	0.13

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.

News Days Inventory Related Terms

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

News (NWS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » News Corp (NAS:NWS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NWSA:USA NC0B:Germany NC0E:Germany NC0B:Germany NWSLV:Australia NWS:Australia

Address

1211 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.newscorp.com

News Corporation is a diversified media conglomerate with significant presence in the U.S, the U.K., and Australia. Key mastheads include The Wall Street Journal, Herald Sun, and The Times. The company also has a strong presence in the Australian pay-TV market through Fox Sports and Foxtel (both 65%-owned), while its 61%-owned REA Group is the dominant real estate classified business in Australia. In addition, it owns HarperCollins, one of the largest book publishers in the world, and also has a substantial digital property advertising business (Move) in the U.S.

Executives

Susan Panuccio	officer: Chief Financial Officer	C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
David B Pitofsky	officer: General Counsel	C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Keith Rupert Murdoch	director, officer: Executive Chairman	C/O FOX CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robert J Thomson	director, officer: Chief Executive Officer	1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003
Lachlan K Murdoch	director	C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Kelly Ayotte	director	C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Masroor Siddiqui	director	1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003
Natalie Bancroft	director	C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jose Maria Aznar	director	C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Peter Barnes	director	C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Joel Klein	director	C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Ana Paula Pessoa	director	1211 AVENUE OF THE AMERICAS, NEW YORK NY 10003
James R Murdoch	director	C/O LUPA SYSTEMS, 363 LAFAYETTE STREET, NEW YORK NY 10022
Kevin Halpin	officer: Deputy Chief Financial Officer	1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Elaine L. Chao	director	C/O DOLE FOOD COMPANY, INC., ONE DOLE DRIVE, WESTLAKE VILLAGE CA 91362