TVA Group (TSX:TVA.B) Inventory Turnover : 161.74 (As of Mar. 2024)

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What is TVA Group Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. TVA Group's Cost of Goods Sold for the three months ended in Mar. 2024 was C$118.6 Mil. TVA Group's Average Total Inventories for the quarter that ended in Mar. 2024 was C$0.7 Mil. TVA Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 161.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. TVA Group's Days Inventory for the three months ended in Mar. 2024 was 0.56.

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. TVA Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.01.

TVA Group Inventory Turnover Historical Data

The historical data trend for TVA Group's Inventory Turnover 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.

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TVA Group Inventory Turnover Chart

TVA Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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679.86

699.30

614.89

TVA Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															196.73	-	-	154.84	161.74

TVA Group Inventory Turnover Calculation

TVA Group's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	418.742	/ (	(0.629	+	0.733)	/	2 )
=	418.742	/	0.681
=	614.89

TVA Group's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	118.556	/ (	(0.733	+	0)	/	1 )
=	118.556	/	0.733
=	161.74

TVA Group (TSX:TVA.B) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

TVA Group's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0.733	/	118.556	*	365 / 4
	=	0.56

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.

TVA Group's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0.733	/	129.161
	=	0.01

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

TVA Group Inventory Turnover Related Terms

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TVA Group (TSX:TVA.B) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TVA Group Inc (TSX:TVA.B) » Definitions » Inventory Turnover

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Address

1600 de Maisonneuve Boulevard East, Montreal, QC, CAN, H2L 4P2

Website

https://www.groupetva.ca

TVA Group Inc is a Canada-based communications company engaged in broadcasting, film production and audiovisual services, international production and distribution of television content, and magazine publishing businesses. The Corporation's segments include 1)The Broadcasting segment 2)The Film Production and Audiovisual Services segment 3) The Magazines segment 4) The Production and Distribution segment.

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