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. Lee Enterprises's Average Total Inventories for the quarter that ended in Dec. 2023 was $7.6 Mil. Lee Enterprises's Revenue for the
three
months ended in Dec. 2023 was $155.7 Mil.
Lee Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.05.
Lee Enterprises's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.05) to Sep. 2023 (0.05)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lee Enterprises's Days Inventory for the
three
months ended in Dec. 2023 was 142.64.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lee Enterprises's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.64.
Lee Enterprises Inventory-to-Revenue Historical Data
The historical data trend for Lee Enterprises's Inventory-to-Revenue 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.
Competitive Comparison of Lee Enterprises's Inventory-to-Revenue
For the Publishing subindustry, Lee Enterprises's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Lee Enterprises's Inventory-to-Revenue Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Lee Enterprises's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Lee Enterprises's Inventory-to-Revenue falls into.
Lee Enterprises Inventory-to-Revenue Calculation
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.
Lee Enterprises's Inventory-to-Revenue for the fiscal year that 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.
Lee Enterprises (NAS:LEE) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lee Enterprises's Days Inventory 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.
Lee Enterprises Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Lee Enterprises's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Lee Enterprises (Lee Enterprises) Business Description
Lee Enterprises Inc is a local news publication company in the United States. It is a digital-first subscription business providing local markets with valuable, high quality, trusted, intensely local news, information, advertising and marketing services. Its product portfolio includes digital subscription platforms, daily, weekly and monthly newspapers and niche products, all delivering original local news and information as well as national and international news. The products offer digital and print editions, and its content and advertising is available in real time through the websites and mobile apps.
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