Zee Entertainment Enterprises (BOM:717503.PFD) Days Inventory : 559.08 (As of Sep. 2024)

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What is Zee Entertainment Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zee Entertainment Enterprises's Average Total Inventories for the three months ended in Sep. 2024 was ₹65,037.00 Mil. Zee Entertainment Enterprises's Cost of Goods Sold for the three months ended in Sep. 2024 was ₹10,615.00 Mil. Hence, Zee Entertainment Enterprises's Days Inventory for the three months ended in Sep. 2024 was 559.08.

The historical rank and industry rank for Zee Entertainment Enterprises's Days Inventory or its related term are showing as below:

BOM:717503.PFD' s Days Inventory Range Over the Past 10 Years
Min: 176 Med: 411.42 Max: 559.27
Current: 528.05

During the past 13 years, Zee Entertainment Enterprises's highest Days Inventory was 559.27. The lowest was 176.00. And the median was 411.42.

BOM:717503.PFD's Days Inventory is ranked worse than
95.97% of 670 companies
in the Media - Diversified industry
Industry Median: 25.23 vs BOM:717503.PFD: 528.05

Zee Entertainment Enterprises's Days Inventory increased from Sep. 2023 (449.51) to Sep. 2024 (559.08). It might indicate that Zee Entertainment Enterprises's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zee Entertainment Enterprises's Inventory Turnover for the three months ended in Sep. 2024 was 0.16.

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. Zee Entertainment Enterprises's Inventory-to-Revenue for the three months ended in Sep. 2024 was 3.25.

Zee Entertainment Enterprises Days Inventory Historical Data

The historical data trend for Zee Entertainment Enterprises'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.

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Zee Entertainment Enterprises Days Inventory Chart

Zee Entertainment Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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438.46

523.12

532.32

559.27

515.01

Zee Entertainment Enterprises Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															449.51	539.50	491.66	535.95	559.08

Competitive Comparison of Zee Entertainment Enterprises's Days Inventory

For the Broadcasting subindustry, Zee Entertainment Enterprises'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.

Zee Entertainment Enterprises's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Zee Entertainment Enterprises's Days Inventory falls into.

Zee Entertainment Enterprises Days Inventory Calculation

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

Zee Entertainment Enterprises's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (73079	+	69129)	/	2 )	/	50393	*	365
=	71104					/	50393	*	365
=	515.01

Zee Entertainment Enterprises's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	65037)	/	1 )	/	10615	*	365 / 4
=	65037					/	10615	*	365 / 4
=	559.08

Zee Entertainment Enterprises (BOM:717503.PFD) 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.

Zee Entertainment Enterprises's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10615	/	65037
	=	0.16

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.

Zee Entertainment Enterprises's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	65037	/	20007
	=	3.25

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.

Zee Entertainment Enterprises Days Inventory Related Terms

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

Zee Entertainment Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Zee Entertainment Enterprises Ltd (BOM:717503.PFD) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ZEEL:India 505537:India

Address

N.M. Joshi Marg, 18th Floor, A-Wing, Marathon Futurex, Lower Parel, Mumbai, MH, IND, 400013

Website

https://www.zee.com

Zee Entertainment Enterprises Ltd is a broadcasting television company that provides media and entertainment services. Zee generates revenue from Advertisement, Subscription, Theatrical revenue, Sale of media content, Transmission revenue and Commission. The company controls a suite of television channels that broadcast in many different languages. Furthermore, Zee Entertainment produces and distributes feature films, develops digital online offerings, and produces and sells for live entertainment events. It operates in five business Broadcast, Digital, Movies, Music and Sports. The company earns the vast majority of its revenue in India.

Zee Entertainment Enterprises Headlines

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