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Tix (TIXC) Days Inventory : 0.00 (As of Sep. 2020)


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What is Tix Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tix's Average Total Inventories for the three months ended in Sep. 2020 was $0.00 Mil. Tix's Cost of Goods Sold for the three months ended in Sep. 2020 was $0.71 Mil. Hence, Tix's Days Inventory for the three months ended in Sep. 2020 was 0.00.

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

TIXC's Days Inventory is not ranked *
in the Media - Diversified industry.
Industry Median: 26.06
* Ranked among companies with meaningful Days Inventory only.

Tix's Days Inventory stayed the same from Sep. 2019 (0.00) to Sep. 2020 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.


Tix Days Inventory Historical Data

The historical data trend for Tix'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.

Tix Days Inventory Chart

Tix Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Inventory
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Tix Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of Tix's Days Inventory

For the Entertainment subindustry, Tix'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.


Tix's Days Inventory Distribution in the Media - Diversified Industry

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

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



Tix Days Inventory Calculation

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

Tix's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 8.069*365
=0 / 8.069*365
=0.00

Tix's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

Days Inventory (Q: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (0 + 0) / 1 ) / 0.711*365 / 4
=0 / 0.711*365 / 4
=0.00

* 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.


Tix  (OTCPK:TIXC) 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.

Tix's Inventory Turnover for the three months ended in Sep. 2020 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.

Tix's Inventory to Revenue for the three months ended in Sep. 2020 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.


Tix Days Inventory Related Terms

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


Tix (TIXC) Business Description

Traded in Other Exchanges
N/A
Address
731 Pilot Road, Suite A, Las Vegas, NV, USA, 89119
Tix Corp is an entertainment company. It is engaged in providing discount ticketing and discount dining and shopping products. Through its subsidiaries, the company offers sale discount tickets to Las Vegas shows and discounted dining at various restaurants surrounding the Las Vegas Strip and downtown.
Executives
Mitch Francis director, 10 percent owner, officer: Chief Executive Officer 12001 VENTURA PLACE SUITE 340 STUDIO CITY CA 91604
Kimberly Sue Simon officer: Chief Operating Officer C/O LOEB & LOEB LLP 10100 SANTA MONICA BLVD #2200 LOS ANGELES CA 90067-4164
Benjamin Frankel director C/O CINEMA RIDE INC 12001 VENTURA PLACE STE 340 STUDIO CITY CA 91604
Norman Feirstein director C/O CINEMA RIDE INC 12001 VENTURA PLACE STE 340 STUDIO CITY CA 91604
Sam Georges director 930 SOUTH ANDREAN DRIVE, SUITE H ESCONDIDO CA 92029
Andy Pells director 12001 VENTURA PLACE #340 STUDIO CITY CA 91604
Steve Handy officer: Chief Financial Officer 8228 SUNSET BLVD., LOS ANGELES CA 90046
Joseph B Marsh 10 percent owner, other: consultant 605 SURFSIDE DRIVE AKRON OH 44317
Iqbal Ashraf 10 percent owner 201 S. LAKE AVENUE SUITE 603 PASADENA CA 91101
Richard Kam officer: Vice President - Finance 12001 VENTURA PLACE #340 STUDIO CITY CA 91604
Matt Natalizio officer: CFO 11726 SAN VICENTE BLVD., SUITE 650, LOS ANGELES CA 90049
Gray Gerry 10 percent owner 4118 SUNDANCE DRIVE SUN PEAKS A1 V0E1Z1