Postmedia Network Canada (TSX:PNC.B) Inventory Turnover : 4.52 (As of Feb. 2024)

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What is Postmedia Network Canada 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. Postmedia Network Canada's Cost of Goods Sold for the three months ended in Feb. 2024 was C$13.2 Mil. Postmedia Network Canada's Average Total Inventories for the quarter that ended in Feb. 2024 was C$2.9 Mil. Postmedia Network Canada's Inventory Turnover for the quarter that ended in Feb. 2024 was 4.52.

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 three months ended in Feb. 2024 was 20.19.

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 quarter that ended in Feb. 2024 was 0.03.

Postmedia Network Canada Inventory Turnover Historical Data

The historical data trend for Postmedia Network Canada'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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Postmedia Network Canada Inventory Turnover Chart

Postmedia Network Canada Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Inventory Turnover

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23.44

25.45

23.61

21.05

17.65

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
Inventory Turnover	Get a 7-Day Free Trial															3.61	3.97	4.17	4.49	4.52

Postmedia Network Canada Inventory Turnover Calculation

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

	Inventory Turnover (A: Aug. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Aug. 2023 )	/ (	(Total Inventories (A: Aug. 2022 )	+	Total Inventories (A: Aug. 2023 ))	/	count )
=	73.771	/ (	(4.95	+	3.408)	/	2 )
=	73.771	/	4.179
=	17.65

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

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	13.152	/ (	(3.061	+	2.758)	/	2 )
=	13.152	/	2.9095
=	4.52

Postmedia Network Canada (TSX:PNC.B) 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.

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

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	2.9095	/	13.152	*	365 / 4
	=	20.19

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 quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	2.9095	/	97.338
	=	0.03

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.

Postmedia Network Canada Inventory Turnover Related Terms

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

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Postmedia Network Canada Corp (TSX:PNC.B) » Definitions » Inventory Turnover

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PNC.A:Canada

Address

365 Bloor Street East, Legal Department, 12th Floor, Toronto, ON, CAN, M4W 3L4

Website

https://www.postmedia.com

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.

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