Cineworld Group (Cineworld Group) Days Inventory : 4.18 (As of Jun. 2022)

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Cineworld Group Days Inventory Definition

Days Inventory is also known as Days Sales of Inventory (DSI). Cineworld Group's Average Total Inventories for the six months ended in Jun. 2022 was $25 Mil. Cineworld Group's Cost of Goods Sold for the six months ended in Jun. 2022 was $1,091 Mil. Hence, Cineworld Group's Days Inventory for the six months ended in Jun. 2022 was 4.18.

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

CNWGQ's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 26.32
* Ranked among companies with meaningful Days Inventory only.

Cineworld Group's Days Inventory declined from Jun. 2021 (9.25) to Jun. 2022 (4.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cineworld Group's Inventory Turnover for the six months ended in Jun. 2022 was 43.71.

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. Cineworld Group's Inventory-to-Revenue for the six months ended in Jun. 2022 was 0.02.

Cineworld Group Days Inventory Historical Data

The historical data trend for Cineworld 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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Cineworld Group Days Inventory Chart

Cineworld Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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5.62

2.86

4.53

9.53

5.42

Cineworld Group Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Days Inventory	Get a 7-Day Free Trial															7.46	10.78	9.25	3.71	4.18

Cineworld Group Days Inventory Competitive Comparison

For the Entertainment subindustry, Cineworld 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.

Cineworld Group Days Inventory Distribution

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

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

Cineworld Group Days Inventory Calculation

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

Cineworld Group's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (13.2	+	24.3)	/	2 )	/	1263.2	*	365
=	18.75					/	1263.2	*	365
=	5.42

Cineworld Group's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

	Days Inventory (Q: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (24.3	+	25.6)	/	2 )	/	1090.6	*	365 / 2
=	24.95					/	1090.6	*	365 / 2
=	4.18

Cineworld Group (OTCPK:CNWGQ) 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.

Cineworld Group's Inventory Turnover for the six months ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1090.6	/	24.95
	=	43.71

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.

Cineworld Group's Inventory to Revenue for the six months ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.95	/	1515.1
	=	0.02

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.

Cineworld Group Days Inventory Related Terms

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

Cineworld Group (Cineworld Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cineworld Group PLC (OTCPK:CNWGQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Great West Road, 8th Floor, Vantage London, Brentford, GBR, TW8 9AG

Website

https://www.cineworldplc.com

Cineworld Group PLC is a diversified media company, which operates chains of movie theaters. Its business segments are the U.S., U.K., & Ireland and the rest of the world (ROW). Within each segment, it operates theaters through different brands. In the U.S., Cineworld owns cinema brands Regal, United Artists, and Edwards theaters. They operate out of Cineworld and Picturehouse in the U.K. and Ireland. Cineworld also owns Cinema City in Central and Eastern Europe and Yes Planet and Rav-Chen in Israel for its ROW segment. The company generates revenue through ticket sales and food, beverage, and merchandise sales. It also earns additional revenue through retail and screen advertising and property market and development. The company generates most of its revenue in the U.S.