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Cinemark Holdings (Cinemark Holdings) Days Inventory : 10.41 (As of Dec. 2023)


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What is Cinemark Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cinemark Holdings's Average Total Inventories for the three months ended in Dec. 2023 was $25 Mil. Cinemark Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $220 Mil. Hence, Cinemark Holdings's Days Inventory for the three months ended in Dec. 2023 was 10.41.

The historical rank and industry rank for Cinemark Holdings's Days Inventory or its related term are showing as below:

CNK' s Days Inventory Range Over the Past 10 Years
Min: 4.92   Med: 5.94   Max: 26.58
Current: 8.28

During the past 13 years, Cinemark Holdings's highest Days Inventory was 26.58. The lowest was 4.92. And the median was 5.94.

CNK's Days Inventory is ranked better than
72.95% of 658 companies
in the Media - Diversified industry
Industry Median: 26.19 vs CNK: 8.28

Cinemark Holdings's Days Inventory increased from Dec. 2022 (9.24) to Dec. 2023 (10.41). It might indicate that Cinemark Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cinemark Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 8.77.

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. Cinemark Holdings's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.04.


Cinemark Holdings Days Inventory Historical Data

The historical data trend for Cinemark Holdings'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.

* Premium members only.

Cinemark Holdings Days Inventory Chart

Cinemark Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.18 26.58 10.00 8.19 7.89

Cinemark Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.24 9.89 6.53 7.98 10.41

Competitive Comparison of Cinemark Holdings's Days Inventory

For the Entertainment subindustry, Cinemark Holdings'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.


Cinemark Holdings's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cinemark Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cinemark Holdings's Days Inventory falls into.



Cinemark Holdings Days Inventory Calculation

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

Cinemark Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (23.7 + 23.3) / 2 ) / 1087*365
=23.5 / 1087*365
=7.89

Cinemark Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (26.9 + 23.3) / 2 ) / 220.1*365 / 4
=25.1 / 220.1*365 / 4
=10.41

* 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.


Cinemark Holdings  (NYSE:CNK) 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.

Cinemark Holdings'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.

Cinemark Holdings'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.


Cinemark Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Cinemark Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Cinemark Holdings (Cinemark Holdings) Business Description

Traded in Other Exchanges
Address
3900 Dallas Parkway, Suite 500, Plano, TX, USA, 75093
Cinemark Holdings Inc is geographically diverse operators in the motion picture exhibition industry in the United States. The company operates in around 518 theatres and 5,847 screens in the United States and Latin America. The company generates revenue from filmed entertainment box office receipts and concession sales, with additional revenue from screen advertising, screen rental and other revenue streams, such as transactional fees, vendor marketing promotions, studio trailer placements, meeting rentals and electronic video games located in some of the theatres. Majority of Cinemark's theaters are located in midsize cities or suburbs of large cities.
Executives
Kevin Leroy Mitchell director 3900 DALLAS PARKWAY, PLANO TX 75093
Enrique Senior director 711 FIFTH AVENUE, NEW YORK NY 10022
Wanda Marie Gierhart officer: EVP - Chief Marketing Officer 3900 DALLAS PARKWAY, PLANO TX 75093
Caren Bedard officer: SVP-Global Controller 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Michael Cavalier officer: SVP-General Counsel 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Melissa Thomas officer: EVP, Chief Financial Officer 600 WEST CHICAGO AVE, STE 400, CHICAGO IL 60654
Valmir Fernandes officer: Pr - Cinemark International 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Mark Zoradi director C/O DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Ximena G Humrichouse director 1230 RIVER BEND DRIVE, SUITE 215, DALLAS TX 75247
Lee Roy Mitchell director, 10 percent owner, officer: Chairman of the Board
Sean Gamble officer: Chief Financial Officer 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Tom Owens officer: SVP - Real Estate 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Nancy S. Loewe director 351 PHELPS DRIVE, IRVING TX 75038
Timothy Warner officer: President and COO 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093
Robert Copple officer: Chief Financial Officer 3900 DALLAS PARKWAY, SUITE 500, PLANO TX 75093