Corus Entertainment (Corus Entertainment) Total Inventories : $0 Mil (As of Feb. 2024)

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What is Corus Entertainment Total Inventories?

Corus Entertainment's total inventories for the quarter that ended in Feb. 2024 was $0 Mil. Corus Entertainment's average total inventories from the quarter that ended in Nov. 2023 to the quarter that ended in Feb. 2024 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Corus Entertainment's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $-7.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Corus Entertainment's Days Inventory for the three months ended in Feb. 2024 was 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. Corus Entertainment's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.00.

Corus Entertainment Total Inventories Historical Data

The historical data trend for Corus Entertainment's Total Inventories 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.

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Corus Entertainment Total Inventories Chart

Corus Entertainment Annual Data

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Total Inventories

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Corus Entertainment Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Corus Entertainment Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Corus Entertainment (OTCPK:CJREF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Corus Entertainment's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2024 is

	Net-Net Working Capital Per Share (Q: Feb. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(45.559	+	0.75 * 209.346	+	0.5 * 0	-	1620.824
-	0	-	100.077)	/	199.44
=	-7.61

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

Corus Entertainment's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	0	/	96.529	*	365 / 4
	=	0.00

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

Corus Entertainment's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Feb. 2024 )	/	Average Total Inventories (Q: Feb. 2024 )
	=	96.529	/	0
	=	N/A

4. 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.

Corus Entertainment's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	0	/	221.879
	=	0.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Corus Entertainment Total Inventories Related Terms

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Corus Entertainment (Corus Entertainment) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Corus Entertainment Inc (OTCPK:CJREF) » Definitions » Total Inventories

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Traded in Other Exchanges

9CO:Germany CJR.B:Canada

Address

25 Dockside Drive, Corus Quay, Toronto, ON, CAN, M5A 0B5

Website

https://www.corusent.com

Corus Entertainment Inc is a media and content company that operates in the diversified media industry. The company has two business segments, which includes television, and radio. The television business segment has a portfolio of television channels. The radio business segment controls a number of stations that cater to the music, news, and talk radio markets. Television segment is the key revenue driver for the group. The company generates the vast majority of its revenue in Canada.