>
Switch to:

Stingray Group Change In Inventory

: $-1.5 Mil (TTM As of Sep. 2021)
View and export this data going back to 2021. Start your Free Trial

Stingray Group's change in inventory for the quarter that ended in Sep. 2021 was $-1.7 Mil. It means Stingray Group's inventory increased by $1.7 Mil from Jun. 2021 to Sep. 2021 .

Stingray Group's change in inventory for the fiscal year that ended in Mar. 2021 was $-0.1 Mil. It means Stingray Group's inventory increased by $0.1 Mil from Mar. 2020 to Mar. 2021 .

Stingray Group's Total Inventories for the quarter that ended in Sep. 2021 was $4.2 Mil.

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

Total Inventories can be measured by Days Sales of Inventory (DSI). Stingray Group's days sales of inventory (DSI) for the quarter that ended in Sep. 2021 was 5.51.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stingray Group's Inventory Turnover for the quarter that ended in Sep. 2021 was 0.00.

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. Stingray Group's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.06.


Stingray Group Change In Inventory Historical Data

The historical data trend for Stingray Group'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.

* Premium members only.

Stingray Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Change In Inventory
Premium Member Only Premium Member Only -0.24 -0.43 0.23 -0.43 -0.06

Stingray Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Change In Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 -0.48 0.67 0.04 -1.68

Stingray Group 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.5 Mil.

* 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.


Stingray Group  (OTCPK:STGYF) Change In Inventory Explanation

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

Stingray Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Total Inventories/Cost of Goods Sold*Days in Period
=3.406566355562/0*365 / 4
=N/A

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

Stingray Group's Days Sales of Inventory for the quarter that ended in Sep. 2021 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=3.406566355562/56.372030621103*365 / 4
=5.51

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

Stingray Group's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

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.

Stingray Group's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=3.406566355562 / 56.372030621103
=0.06

* 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.


Stingray Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of Stingray Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Stingray Group Business Description

Stingray Group logo
Industry
Comparable Companies
Traded in Other Exchanges
Address
730 Wellington Street, Montreal, QC, CAN, H3C 1T4
Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely Broadcasting and commercial music segment; Radio segment and Corporate and eliminations. The company generates maximum revenue from Broadcasting and commercial music segment.

Stingray Group Headlines

No Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)