Stingray Group (Stingray Group) Change In Inventory : $2.0 Mil (TTM As of Dec. 2023)

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What is Stingray Group Change In Inventory?

Stingray Group's change in inventory for the quarter that ended in Dec. 2023 was $0.5 Mil. It means Stingray Group's inventory declined by $0.5 Mil from Sep. 2023 to Dec. 2023 .

Stingray Group's change in inventory for the fiscal year that ended in Mar. 2023 was $-0.4 Mil. It means Stingray Group's inventory increased by $0.4 Mil from Mar. 2022 to Mar. 2023 .

Stingray Group's Total Inventories for the quarter that ended in Dec. 2023 was $2.6 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Stingray Group's Inventory Turnover for the quarter that ended in Dec. 2023 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. Stingray Group's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Stingray Group Change In Inventory Historical Data

The historical data trend for Stingray Group's Change In 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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Stingray Group Change In Inventory Chart

Stingray Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

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0.23

-0.44

-0.06

-1.54

-0.40

Stingray Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-1.00	0.40	0.16	0.90	0.53

Stingray Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.0 Mil.

Stingray Group (OTCPK:STGYF) Change In Inventory Explanation

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

Stingray Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2.8885	/	0	*	365 / 4
	=	N/A

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Stingray Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	2.8885
	=	0.00

3. 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.

Stingray Group's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.8885	/	74.745
	=	0.04

Stingray Group Change In Inventory Related Terms

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Stingray Group (Stingray Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stingray Group Inc (OTCPK:STGYF) » Definitions » Change In Inventory

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317A:Germany RAY.B:Canada RAY.A:Canada

Address

730 Wellington Street, Montreal, QC, CAN, H3C 1T4

Website

https://www.stingray.com

Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely the Broadcasting and commercial music segment and Radio segment. The company generates maximum revenue from the Broadcasting and commercial music segment.

Stingray Group (Stingray Group) Headlines

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