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Emmis (EMMS) Inventory Turnover : 0.00 (As of Feb. 2020)


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What is Emmis Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Emmis's Cost of Goods Sold for the three months ended in Feb. 2020 was $9.33 Mil. Emmis's Average Total Inventories for the quarter that ended in Feb. 2020 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Emmis's Days Inventory for the three months ended in Feb. 2020 was 0.00.

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. Emmis's Inventory-to-Revenue for the quarter that ended in Feb. 2020 was 0.00.


Emmis Inventory Turnover Historical Data

The historical data trend for Emmis's Inventory Turnover 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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Emmis Inventory Turnover Chart

Emmis Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Inventory Turnover
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Emmis Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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Emmis Inventory Turnover Calculation

Emmis's Inventory Turnover for the fiscal year that ended in Feb. 2020 is calculated as

Inventory Turnover (A: Feb. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2020 ) / ((Total Inventories (A: Feb. 2019 ) + Total Inventories (A: Feb. 2020 )) / count )
=33.001 / ((0 + 0) / 1 )
=33.001 / 0
=N/A

Emmis's Inventory Turnover for the quarter that ended in Feb. 2020 is calculated as

Inventory Turnover (Q: Feb. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2020 ) / ((Total Inventories (Q: Nov. 2019 ) + Total Inventories (Q: Feb. 2020 )) / count )
=9.334 / ((0 + 0) / 1 )
=9.334 / 0
=N/A

* 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.


Emmis  (OTCPK:EMMS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Emmis's Days Inventory for the three months ended in Feb. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2020 )/Cost of Goods Sold (Q: Feb. 2020 )*Days in Period
=0/9.334*365 / 4
=0.00

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.

Emmis's Inventory to Revenue for the quarter that ended in Feb. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2020 ) / Revenue (Q: Feb. 2020 )
=0 / 10.444
=0.00

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Emmis Inventory Turnover Related Terms

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Emmis (EMMS) Business Description

Traded in Other Exchanges
N/A
Address
40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
Executives
Patrick M Walsh officer: President, COO 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Ryan A Hornaday officer: EVP, CFO & Treasurer 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Gregory T Loewen officer: President - Publishing 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Jeffrey H Smulyan director, 10 percent owner, officer: Chairman,CEO, other: member of 10% 13(d) group
J. Scott Enright officer: EVP, Gen Counsel & Secretary 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
James M Dubin director ONE MADISON PLACE, HARRISON NY 10528
Greg Nathanson director
Lawrence B Sorrel director
Peter A Lund director 236 LOCHA DRIVE, JUPITER FL 33458
Susan B Bayh director WELLPOINT, INC., 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Richard A Leventhal director
Paul V. Brenner officer: President 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Gary L Kaseff director
Richard F Cummings officer: Radio Division President
Herbert Simon other: Member of 10% owner 13d group 115 W WASHINGTON ST, INDIANAPOLIS IN 46204