GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Reading International Inc (NAS:RDI) » Definitions » Days Inventory

Reading International (Reading International) Days Inventory : 3.31 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Reading International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Reading International's Average Total Inventories for the three months ended in Dec. 2023 was $1.6 Mil. Reading International's Cost of Goods Sold for the three months ended in Dec. 2023 was $43.3 Mil. Hence, Reading International's Days Inventory for the three months ended in Dec. 2023 was 3.31.

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

RDI' s Days Inventory Range Over the Past 10 Years
Min: 1.8   Med: 2.48   Max: 5.01
Current: 2.86

During the past 13 years, Reading International's highest Days Inventory was 5.01. The lowest was 1.80. And the median was 2.48.

RDI's Days Inventory is ranked better than
84.8% of 658 companies
in the Media - Diversified industry
Industry Median: 26.19 vs RDI: 2.86

Reading International's Days Inventory increased from Dec. 2022 (2.92) to Dec. 2023 (3.31). It might indicate that Reading International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Reading International's Inventory Turnover for the three months ended in Dec. 2023 was 27.60.

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. Reading International's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.


Reading International Days Inventory Historical Data

The historical data trend for Reading International'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.

Reading International Days Inventory Chart

Reading International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 5.01 3.38 2.94 3.04

Reading International 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 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 2.92 3.15 2.51 2.47 3.31

Competitive Comparison of Reading International's Days Inventory

For the Entertainment subindustry, Reading International'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.


Reading International's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Reading International's Days Inventory falls into.



Reading International Days Inventory Calculation

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

Reading International'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
=( (1.616 + 1.648) / 2 ) / 196.181*365
=1.632 / 196.181*365
=3.04

Reading International'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
=( (1.488 + 1.648) / 2 ) / 43.284*365 / 4
=1.568 / 43.284*365 / 4
=3.31

* 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.


Reading International  (NAS:RDI) 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.

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

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.

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

* 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.


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.


Reading International Days Inventory Related Terms

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


Reading International (Reading International) Business Description

Traded in Other Exchanges
Address
189 Second Avenue, Suite 2S, New York, NY, USA, 10003
Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial, and live theater assets.
Executives
Mark Cuban 10 percent owner 5424 DELOACHE AVENUE, DALLAS TX 75220
Robert F Smerling officer: President - Domestic Cinemas 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Ellen M Cotter officer: COO - Domestic Cinemas C/O READING INTERNATIONAL, 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Margaret Cotter director 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
James J. Cotter Living Trust 10 percent owner, other: Member of Sec.13(d)(3) Group 6100 CENTER DRIVE, SUITE 900, LOS ANGELES CA 90045
Edward Lewis Kane director 7405 HIGH AVE, LAJOLLA CA 92037
Gilbert Avanes officer: Vice President, FP & A 5236 MARYLAND AVE, LA CRESCENTA CA 91214
Douglas James Mceachern director 2401 EAST KATELLA AVENUE, SUITE 300, ANAHEIM CA 90814
Devasis Ghose officer: Chief Financial Officer 1155 VALLEY STREET, SUITE 400, SEATTLE WA 98109
Cotter James J Jr director, 10 percent owner, officer: See Remarks C/O READING INTERNATIONAL, INC., 500 CITADEL DRIVE, SUITE 300, COMMERCE CA 90040
Sidney Craig Tompkins officer: EVP, General Counsel 5995 SEPULVEDA BOULEVARD, SUITE 300, CULVER CITY CA 90230
Steven John Lucas officer: VP, Controller & CAO 32 IZARD ROAD, KHANDALLAH, WELLINGTON Q2 6035
Matthew Benedict Bourke officer: Mang Dir-Real Estate- Aus & NZ 4 LUCAS STREET, EAST BRIGHTON, MELBOURNE C3 3187
Michael J. Wrotniak director 32 ELMSMERE ROAD, MOUNT VERNON NY 10552
Judy Bond Codding director 2266 CANYONBACK ROAD, LOS ANGELES CA 90049