Days Inventory is also known as Days Sales of Inventory (DSI). Lee Enterprises's Average Total Inventories for the
three
months ended in Dec. 2023 was $7.6 Mil. Lee Enterprises's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $4.8 Mil.
Hence, Lee Enterprises's Days Inventory for the
three
months ended in Dec. 2023 was 142.64.
The historical rank and industry rank for Lee Enterprises's Days Inventory or its related term are showing as below:
LEE'
s Days Inventory Range Over the Past 10 Years
Min: 57.08 Med: 72.81 Max: 136.05
Current: 136.05
During the past 13 years, Lee Enterprises's highest Days Inventory was 136.05. The lowest was 57.08. And the median was 72.81.
LEE's Days Inventory is ranked worse than 80.67% of 657
companies
in the Media - Diversified industry
Industry Median: 26.32
vs LEE: 136.05
Lee Enterprises's Days Inventory
increased
from Dec. 2022 (105.93) to Dec. 2023 (142.64).
It might indicate that Lee Enterprises's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lee Enterprises's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.64.
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.
Lee Enterprises's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.05.
Lee Enterprises Days Inventory Historical Data
The historical data trend for Lee Enterprises'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.
Competitive Comparison of Lee Enterprises's Days Inventory
For the Publishing subindustry, Lee Enterprises'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.
Lee Enterprises's Days Inventory Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Lee Enterprises's Days Inventory distribution charts can be found below:
* The bar in red indicates where Lee Enterprises's Days Inventory falls into.
Lee Enterprises Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lee Enterprises's Days Inventory for the fiscal year that 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.
Lee Enterprises (NAS:LEE) 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.
Lee Enterprises's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Lee Enterprises's Inventory to Revenue for the
three
months ended in Dec. 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.
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.
Lee Enterprises Days Inventory Related Terms
Thank you for viewing the detailed overview of Lee Enterprises's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Lee Enterprises (Lee Enterprises) Business Description
Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high quality, trusted, intensely local news, information, advertising and marketing services. Its product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and its content and advertising is available in real time through the websites and mobile apps.
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