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Postmedia Network Canada (TSX:PNC.B) Days Inventory

: 20.19 (As of Feb. 2024)
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Days Inventory is also known as Days Sales of Inventory (DSI). Postmedia Network Canada's Average Total Inventories for the three months ended in Feb. 2024 was C$2.9 Mil. Postmedia Network Canada's Cost of Goods Sold for the three months ended in Feb. 2024 was C$13.2 Mil. Hence, Postmedia Network Canada's Days Inventory for the three months ended in Feb. 2024 was 20.19.

The historical rank and industry rank for Postmedia Network Canada's Days Inventory or its related term are showing as below:

TSX:PNC.B' s Days Inventory Range Over the Past 10 Years
Min: 14.34   Med: 17.4   Max: 21.69
Current: 21.69

During the past 13 years, Postmedia Network Canada's highest Days Inventory was 21.69. The lowest was 14.34. And the median was 17.40.

TSX:PNC.B's Days Inventory is ranked better than
53.42% of 657 companies
in the Media - Diversified industry
Industry Median: 26.32 vs TSX:PNC.B: 21.69

Postmedia Network Canada's Days Inventory declined from Feb. 2023 (25.29) to Feb. 2024 (20.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Postmedia Network Canada's Inventory Turnover for the three months ended in Feb. 2024 was 4.52.

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. Postmedia Network Canada's Inventory-to-Revenue for the three months ended in Feb. 2024 was 0.03.


Postmedia Network Canada Days Inventory Historical Data

The historical data trend for Postmedia Network Canada'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.

Postmedia Network Canada Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.57 14.34 15.46 17.34 20.68

Postmedia Network Canada Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days 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 25.29 22.99 21.86 20.32 20.19

Competitive Comparison

For the Publishing subindustry, Postmedia Network Canada'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.


Postmedia Network Canada Days Inventory Distribution

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

* The bar in red indicates where Postmedia Network Canada's Days Inventory falls into.



Postmedia Network Canada Days Inventory Calculation

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

Postmedia Network Canada's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (4.95 + 3.408) / 2 ) / 73.771*365
=4.179 / 73.771*365
=20.68

Postmedia Network Canada's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (3.061 + 2.758) / 2 ) / 13.152*365 / 4
=2.9095 / 13.152*365 / 4
=20.19

* 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.


Postmedia Network Canada  (TSX:PNC.B) 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.

Postmedia Network Canada's Inventory Turnover for the three months ended in Feb. 2024 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.

Postmedia Network Canada's Inventory to Revenue for the three months ended in Feb. 2024 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.


Postmedia Network Canada Days Inventory Related Terms

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


Postmedia Network Canada (TSX:PNC.B) Business Description

Traded in Other Exchanges
Address
365 Bloor Street East, Legal Department, 12th Floor, Toronto, ON, CAN, M4W 3L4
Postmedia Network Canada Corp is a holding company. It operates through the Newsmedia segment. The company's business consists of news and information gathering and dissemination operations, with products offered in local, regional and metropolitan markets in Canada through multiple print, online and mobile platforms. Postmedia's operations include an extensive distribution network, which also offers distribution services, for advertising flyers and parcels. The combination of these distribution platforms provides audiences with a variety of media through which to access and interact with Postmedia's content. The breadth of the company's reach and the diversity of its content enable advertisers to reach target audiences on a local, regional or national scale.

Postmedia Network Canada (TSX:PNC.B) Headlines

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