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

View and export this data going back to 2010. Start your Free Trial

What is Network Media 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. Network Media Group's Cost of Goods Sold for the three months ended in Feb. 2024 was C$1.87 Mil. Network Media Group's Average Total Inventories for the quarter that ended in Feb. 2024 was C$0.00 Mil.

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 three months ended in Feb. 2024 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. Network Media Group's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.00.

Network Media Group Inventory Turnover Historical Data

The historical data trend for Network Media 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.

* Premium members only.

Network Media Group Inventory Turnover Chart

Network Media Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Inventory Turnover

Get a 7-Day Free Trial

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
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Network Media Group Inventory Turnover Calculation

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

	Inventory Turnover (A: Nov. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2023 )	/ (	(Total Inventories (A: Nov. 2022 )	+	Total Inventories (A: Nov. 2023 ))	/	count )
=	2.875	/ (	(0	+	0)	/	1 )
=	2.875	/	0
=	N/A

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

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	1.872	/ (	(0	+	0)	/	1 )
=	1.872	/	0
=	N/A

Network Media Group (TSXV:NTE) 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.

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

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

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	0	/	2.129
	=	0.00

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.

Network Media Group Inventory Turnover Related Terms

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

Network Media Group (TSXV:NTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Network Media Group Inc (TSXV:NTE) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

NETWF:USA

Address

1525 West 8 Avenue, Suite 207, Vancouver, BC, CAN, V6C 1T5

Website

https://www.networkentertainment.ca

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

No Headlines