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Tribune Media Co (OTCPK:TRBAA)
Days Inventory
4.87 (As of Sep. 2008)

Tribune Media Co's inventory for the three months ended in Sep. 2008 was \$32 Mil. Tribune Media Co's cost of goods sold for the three months ended in Sep. 2008 was \$594 Mil. Hence, Tribune Media Co's days inventory for the three months ended in Sep. 2008 was 4.87.

Tribune Media Co's days inventory declined from Sep. 2007 (6.35) to Sep. 2008 (4.87).

Inventory can be measured by Days Sales of Inventory (DSI). Tribune Media Co's days sales of inventory (DSI) for the three months ended in Sep. 2008 was 2.79.

Inventory turnover measures how fast the company turns over its inventory within a year. Tribune Media Co's inventory turnover for the three months ended in Sep. 2008 was 18.69.

Inventory to revenue ratio 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. Tribune Media Co's inventory to revenue ratio for the three months ended in Sep. 2008 was 0.03.

Definition

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

Tribune Media Co's Days Inventory for the fiscal year that ended in Dec. 2007 is calculated as

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 0 / 2545.554 * 365 = 0.00

Tribune Media Co's Days Inventory for the quarter that ended in Sep. 2008 is calculated as:

 Days Inventory = Inventory / Cost of Goods Sold * Days in Period = 31.792 / 594.161 * 91 = 4.87

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

Tribune Media Co's Days Sales of Inventory for the three months ended in Sep. 2008 is calculated as

 Days Sales of Inventory (DSI) = Inventory / Revenue * Days in Period = 31.792 / 1036.946 * 91 = 2.79

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

Tribune Media Co's Inventory Turnover for the three months ended in Sep. 2008 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 594.161 / 31.792 = 18.69

3. 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.

Tribune Media Co's Inventory to Revenue for the three months ended in Sep. 2008 is calculated as

 Inventory to Revenue = Inventory / Revenue = 31.792 / 1036.946 = 0.03

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Tribune Media Co Annual Data

 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 DaysInventory 0.00 0.00 0.00 0.00 0.00 6.39 6.71 5.97 0.00 0.00

Tribune Media Co Quarterly Data

 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 DaysInventory 5.23 6.13 0.00 7.42 7.82 6.35 0.00 6.72 4.92 4.87
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