Lee Enterprises (Lee Enterprises) Change In Inventory

: $0.8 Mil (TTM As of Dec. 2023)

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Lee Enterprises's change in inventory for the quarter that ended in Dec. 2023 was $-0.1 Mil. It means Lee Enterprises's inventory increased by $0.1 Mil from Sep. 2023 to Dec. 2023 .

Lee Enterprises's change in inventory for the fiscal year that ended in Sep. 2023 was $1.0 Mil. It means Lee Enterprises's inventory declined by $1.0 Mil from Sep. 2022 to Sep. 2023 .

Lee Enterprises's Total Inventories for the quarter that ended in Dec. 2023 was $7.6 Mil.

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 quarter that 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.

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 quarter that ended in Dec. 2023 was 0.05.

Lee Enterprises Change In Inventory Historical Data

The historical data trend for Lee Enterprises's Change In 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.

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Lee Enterprises Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Inventory

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2.76

2.72

1.24

-3.09

0.98

Lee Enterprises Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															0.15	-2.07	1.57	1.33	-0.07

Lee Enterprises Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.8 Mil.

Lee Enterprises (NAS:LEE) Change In Inventory Explanation

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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7.5705	/	4.843	*	365 / 4
	=	142.64

2. 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 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.843	/	7.5705
	=	0.64

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.

Lee Enterprises's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.5705	/	155.678
	=	0.05

Lee Enterprises Change In Inventory Related Terms

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Lee Enterprises (Lee Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lee Enterprises Inc (NAS:LEE) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

LE70:Germany

Address

4600 E 53rd Street, Davenport, IA, USA, 52807

Website

https://www.lee.net

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.

Executives

Shaun Mcalmont	director	C/O LINCOLN EDUCATIONAL SERVICES CORP., 200 EXECUTIVE DRIVE, SUITE 340, WEST ORANGE NJ 07052
Moloney Herbert W Iii	director	215 N MAIN STREET, SUITE 400, DAVENPORT IA 52801
Steven C. Fletcher	director	C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
Margaret R. Liberman	director	C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, STE. 600, DAVENPORT IA 52801
David T. Pearson	director	C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Jolene N. Sherman	officer: V.P. - Business Development	C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Joseph J Battistoni	officer: VP - Local Advertising	C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Astrid J Garcia	officer: VP - Human Resources & Legal	C/O LEE ENTERPRISES, INCORPORATED, 4600 E. 53RD STREET, DAVENPORT IA 52807
Cannell Capital Llc	10 percent owner	245 MERIWETHER CIRCLE, ALTA WY 83414
Nancy S Donovan	director
William E Mayer	director	C/O LEE ENTERPRISES INC, 201 N. HARRISON ST., STE. 600, DAVENPORT IA 52801
Ray G Farris	officer: V.P. & Group Publisher	C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Gregory P Schermer	director, 10 percent owner, officer: Vice Pres.-Interactive Media	C/O LEE ENTERPRISES INCORPORATED, 215 N MAIN STREET STE 400, DAVENPORT IA 52801
Timothy R. Millage	officer: V.P., CFO and Treasurer	C/O LEE ENTERPRISES, INCORPORATED, 201 N HARRISON STREET, STE. 600, DAVENPORT IA 52801
Michael R Gulledge	officer: Vice President - Publishing	C/O LEE ENTERPRISES, INCORPORATED, 201 N. HARRISON STREET, DAVENPORT IA 52801-1939