Music Broadcast (BOM:540366) Days Inventory : 0.00 (As of Dec. 2023)

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What is Music Broadcast Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Music Broadcast's Average Total Inventories for the three months ended in Dec. 2023 was ₹0 Mil. Music Broadcast's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹51 Mil. Hence, Music Broadcast's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

BOM:540366's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 25.75
* Ranked among companies with meaningful Days Inventory only.

Music Broadcast's Days Inventory stayed the same from Jun. 2022 (0.00) to Dec. 2023 (0.00).

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

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. Music Broadcast's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Music Broadcast Days Inventory Historical Data

The historical data trend for Music Broadcast'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.

Music Broadcast Days Inventory Chart

Music Broadcast Annual Data

Trend

Mar14

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Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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Music Broadcast Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Music Broadcast's Days Inventory

For the Broadcasting subindustry, Music Broadcast'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.

Music Broadcast's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Music Broadcast's Days Inventory falls into.

Music Broadcast Days Inventory Calculation

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

Music Broadcast's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	386.96	*	365
=	0					/	386.96	*	365
=	0.00

Music Broadcast'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: Mar. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	51.012	*	365 / 4
=	0					/	51.012	*	365 / 4
=	0.00

Music Broadcast (BOM:540366) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	51.012	/	0
	=

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	604.357
	=	0.00

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.

Music Broadcast Days Inventory Related Terms

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

Music Broadcast (BOM:540366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Music Broadcast Ltd (BOM:540366) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

RADIOCITY:India

Address

Off Western Express Highway, 5th Floor, RNA Corporate Park, Kalanagar, Bandra (East), Mumbai, MH, IND, 400 051

Website

https://www.radiocity.in

Music Broadcast Ltd is engaged in the business of operating Private FM Radio Stations through the brand Radio City. The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.

Music Broadcast (BOM:540366) Headlines

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