What is Live Nation Entertainment Inventory-to-Revenue?
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. Live Nation Entertainment's Average Total Inventories for the quarter that ended in Dec. 2023 was $45 Mil. Live Nation Entertainment's Revenue for the
three
months ended in Dec. 2023 was $5,839 Mil.
Live Nation Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.
Live Nation Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2023
increased
from Sep. 2023 (0.00) to Sep. 2023 (0.01)
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.
Live Nation Entertainment's Days Inventory for the
three
months ended in Dec. 2023 was 0.88.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Live Nation Entertainment's Inventory Turnover for the quarter that ended in Dec. 2023 was 103.70.
Live Nation Entertainment Inventory-to-Revenue Historical Data
* 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.
Live Nation Entertainment Inventory-to-Revenue Chart
Competitive Comparison of Live Nation Entertainment's Inventory-to-Revenue
For the Entertainment subindustry, Live Nation Entertainment'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.
Live Nation Entertainment's Inventory-to-Revenue Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Live Nation Entertainment's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Live Nation Entertainment's Inventory-to-Revenue falls into.
Live Nation Entertainment 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.
Live Nation Entertainment's Inventory-to-Revenue for the fiscal year that 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.
Live Nation Entertainment (NYSE:LYV) 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.
Live Nation Entertainment'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.
Live Nation Entertainment Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Live Nation Entertainment's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Live Nation Entertainment (Live Nation Entertainment) Business Description
Live Nation is the largest live entertainment firm in the world with over 670 million fans served in 48 countries in 2022 by the company's concert and ticketing platforms. Via either owning, operating, or holding exclusive booking rights, Live Nation controls over 338 venues including the House of Blues. Live Nation also owns one of the largest ticketing services, Ticketmaster, which sold over 550 million tickets for over 12,000 clients in 2022. Its artist management agencies have over 400 clients. This large live entertainment footprint helped Live Nation become one of the largest advertising and sponsorship platforms aimed at music fans. Liberty Media owns 31% of Live Nation, held under its Sirius XM tracking stock. Liberty plans to spin off its stake into a dedicated tracking stock.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LYV has been successfully added to your 