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. Salem Media Group's Average Total Inventories for the quarter that ended in Sep. 2023 was $1.3 Mil. Salem Media Group's Revenue for the
three
months ended in Sep. 2023 was $63.5 Mil.
Salem Media Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.02.
Salem Media Group's Inventory-to-Revenue for the quarter that ended in Sep. 2023
declined
from Jun. 2023 (0.02) to Jun. 2023 (0.02)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Salem Media Group's Days Inventory for the
three
months ended in Sep. 2023 was 2.17.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Salem Media Group's Inventory Turnover for the quarter that ended in Sep. 2023 was 42.07.
Salem Media Group Inventory-to-Revenue Historical Data
The historical data trend for Salem Media Group's Inventory-to-Revenue 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 Salem Media Group's Inventory-to-Revenue
For the Broadcasting subindustry, Salem Media Group's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Salem Media Group's Inventory-to-Revenue Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Salem Media Group's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Salem Media Group's Inventory-to-Revenue falls into.
Salem Media Group Inventory-to-Revenue Calculation
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.
Salem Media Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 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.
Salem Media Group (OTCPK:SALM) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Salem Media Group's Days Inventory for the
three
months ended in Sep. 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.
Salem Media Group Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Salem Media Group's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Salem Media Group (Salem Media Group) Business Description
Salem Media Group Inc is a domestic multimedia company with integrated operations including radio broadcasting, digital media, and publishing. The company has three operating segments, Broadcast, Digital Media, and Publishing. Digital media-based businesses provide Christian, conservative, investing and health-themed content, e-commerce, audio and video streaming, and other resources digitally through the web.
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