Gannett Co (Gannett Co) Days Inventory

: 6.17 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Gannett Co's Average Total Inventories for the three months ended in Dec. 2023 was $28 Mil. Gannett Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $420 Mil. Hence, Gannett Co's Days Inventory for the three months ended in Dec. 2023 was 6.17.

The historical rank and industry rank for Gannett Co's Days Inventory or its related term are showing as below:

GCI' s Days Inventory Range Over the Past 10 Years
Min: 6.98 Med: 8.41 Max: 13.54
Current: 7.48

During the past 13 years, Gannett Co's highest Days Inventory was 13.54. The lowest was 6.98. And the median was 8.41.

GCI's Days Inventory is ranked better than
74.58% of 657 companies
in the Media - Diversified industry
Industry Median: 26.32 vs GCI: 7.48

Gannett Co's Days Inventory declined from Dec. 2022 (8.33) to Dec. 2023 (6.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Gannett Co's Inventory Turnover for the three months ended in Dec. 2023 was 14.80.

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. Gannett Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.04.

Gannett Co Days Inventory Historical Data

The historical data trend for Gannett Co's Days 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.

Gannett Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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13.54

8.09

6.98

8.13

7.77

Gannett Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															8.33	9.24	7.64	6.51	6.17

Competitive Comparison

For the Publishing subindustry, Gannett Co's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Gannett Co Days Inventory Distribution

For the Media - Diversified industry and Communication Services sector, Gannett Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gannett Co's Days Inventory falls into.

Gannett Co Days Inventory Calculation

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

Gannett Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (45.223	+	26.794)	/	2 )	/	1692.031	*	365
=	36.0085					/	1692.031	*	365
=	7.77

Gannett Co's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (29.914	+	26.794)	/	2 )	/	419.644	*	365 / 4
=	28.354					/	419.644	*	365 / 4
=	6.17

Gannett Co (NYSE:GCI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Gannett Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	419.644	/	28.354
	=	14.80

2. 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.

Gannett Co's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	28.354	/	669.405
	=	0.04

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Gannett Co Days Inventory Related Terms

Thank you for viewing the detailed overview of Gannett Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Gannett Co (Gannett Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gannett Co Inc (NYSE:GCI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

2N2A:Germany

Address

7950 Jones Branch Drive, McLean, VA, USA, 22107-0910

Website

https://www.gannett.com

Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The Group operate in two segments, Gannett Media and Digital Marketing Solutions. The majority of revenue is from the Gannett media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest to provide more than 150 local media brands.

Executives

Laurence Tarica	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Reed	director, officer: Chief Executive Officer	C/O NEWM, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Cindy Gallagher	officer: CAO and PAO	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Amy Reinhard	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
John Jeffry Louis	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Vinayak Hegde	director	9785 S. MONROE STREET, SUITE 300, SANDY UT 84070
Debra A. Sandler	director	KEURIG DR PEPPER INC., 53 SOUTH AVE., BURLINGTON MA 01803
Theodore Peter Janulis	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mayur Gupta	director	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Paul J Bascobert	officer: CEO of Gannett Media Corp.	20 W. KINZIE ST, SUITE 1600, CHICAGO IL 60610
Douglas Edward Horne	officer: CFO and CAO	ONE TIME WARNER CENTER, NEW YORK NY 10019
Maria M Miller	director	C/O DAVE & BUSTERS, 2481 MANANA DR, DALLAS TX 75220
Barbara W. Wall	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DR., MCLEAN VA 22107
Kevin M Sheehan	director	DAVE & BUSTER'S ENTERTAINMENT INC., 2481 MANANA DRIVE, DALLAS TX 75220
Alison K Engel	officer: Chief Financial Officer	400 SOUTH RECORD STREET, DALLAS TX 75202