Days Inventory is also known as Days Sales of Inventory (DSI). Salem Media Group's Average Total Inventories for the
three
months ended in Sep. 2023 was $1.3 Mil. Salem Media Group's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $56.6 Mil.
Hence, Salem Media Group's Days Inventory for the
three
months ended in Sep. 2023 was 2.17.
The historical rank and industry rank for Salem Media Group's Days Inventory or its related term are showing as below:
SALM'
s Days Inventory Range Over the Past 10 Years
Min: 1.04 Med: 1.26 Max: 2.34
Current: 2.34
During the past 13 years, Salem Media Group's highest Days Inventory was 2.34. The lowest was 1.04. And the median was 1.26.
SALM's Days Inventory is ranked better than 87.67% of 657
companies
in the Media - Diversified industry
Industry Median: 26.32
vs SALM: 2.34
Salem Media Group's Days Inventory
declined
from Sep. 2022 (2.43) to Sep. 2023 (2.17).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Salem Media Group's Inventory Turnover for the
three
months ended in Sep. 2023 was 42.07.
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
three
months ended in Sep. 2023 was 0.02.
Salem Media Group Days Inventory Historical Data
The historical data trend for Salem Media Group'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.
For the Broadcasting subindustry, Salem Media Group'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.
Salem Media Group Days Inventory Distribution
For the Media - Diversified industry and Communication Services sector, Salem Media Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Salem Media Group's Days Inventory falls into.
Salem Media Group Days Inventory Calculation
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 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) 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.
Salem Media Group's Inventory Turnover for the
three
months ended in Sep. 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.
Salem Media Group's Inventory to Revenue 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.
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.
Salem Media Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Salem Media Group's Days Inventory 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SALM has been successfully added to your 