MultiChoice Group (MultiChoice Group) Days Inventory : 14.99 (As of Sep. 2023)

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What is MultiChoice Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MultiChoice Group's Average Total Inventories for the six months ended in Sep. 2023 was $63 Mil. MultiChoice Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $770 Mil. Hence, MultiChoice Group's Days Inventory for the six months ended in Sep. 2023 was 14.99.

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

MCHOY' s Days Inventory Range Over the Past 10 Years
Min: 6.1 Med: 9.29 Max: 13.88
Current: 13.88

During the past 6 years, MultiChoice Group's highest Days Inventory was 13.88. The lowest was 6.10. And the median was 9.29.

MCHOY's Days Inventory is ranked better than
62.4% of 657 companies
in the Media - Diversified industry
Industry Median: 26.06 vs MCHOY: 13.88

MultiChoice Group's Days Inventory increased from Sep. 2022 (14.00) to Sep. 2023 (14.99). It might indicate that MultiChoice Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MultiChoice Group's Inventory Turnover for the six months ended in Sep. 2023 was 12.18.

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. MultiChoice Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.04.

MultiChoice Group Days Inventory Historical Data

The historical data trend for MultiChoice Group'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.

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MultiChoice Group Days Inventory Chart

MultiChoice Group Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

Get a 7-Day Free Trial

9.27

12.48

9.47

9.01

10.58

MultiChoice Group Semi-Annual Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial							9.05	8.83	14.00	11.67	14.99

Competitive Comparison of MultiChoice Group's Days Inventory

For the Entertainment subindustry, MultiChoice Group'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.

MultiChoice Group's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where MultiChoice Group's Days Inventory falls into.

MultiChoice Group Days Inventory Calculation

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

MultiChoice Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (54.212	+	48.742)	/	2 )	/	1776.445	*	365
=	51.477					/	1776.445	*	365
=	10.58

MultiChoice Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (48.742	+	77.667)	/	2 )	/	769.652	*	365 / 2
=	63.2045					/	769.652	*	365 / 2
=	14.99

MultiChoice Group (OTCPK:MCHOY) 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.

MultiChoice Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	769.652	/	63.2045
	=	12.18

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.

MultiChoice Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	63.2045	/	1493.96
	=	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.

MultiChoice Group Days Inventory Related Terms

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

MultiChoice Group (MultiChoice Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » MultiChoice Group Ltd (OTCPK:MCHOY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

MCG:South Africa MCOIF:USA 30R:Germany

Address

144 Bram Fischer Drive, MultiChoice City, Randburg, Johannesburg, GT, ZAF, 2194

Website

https://www.multichoice.com

MultiChoice Group Ltd is an entertainment company providing video entertainment to the African Markets. It provides its content through Direct To Home (DTH), Digital Terrestrial Television (DTT) and online video entertainment services. The entertainment platforms of the company include GOtv, Showmax, DStv, and others. Its geographical segment includes South Africa; the Rest of Africa as well as the Technology segment. The company derives a majority of its revenue from South Africa.