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Live Nation Entertainment (BSP:L1YV34) Days Inventory : 2.15 (As of Mar. 2025)


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What is Live Nation Entertainment Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Live Nation Entertainment's Average Total Inventories for the three months ended in Mar. 2025 was R$306 Mil. Live Nation Entertainment's Cost of Goods Sold for the three months ended in Mar. 2025 was R$12,984 Mil. Hence, Live Nation Entertainment's Days Inventory for the three months ended in Mar. 2025 was 2.15.

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

BSP:L1YV34' s Days Inventory Range Over the Past 10 Years
Min: 0.62   Med: 0.96   Max: 4.96
Current: 1.03

During the past 13 years, Live Nation Entertainment's highest Days Inventory was 4.96. The lowest was 0.62. And the median was 0.96.

BSP:L1YV34's Days Inventory is ranked better than
92.58% of 674 companies
in the Media - Diversified industry
Industry Median: 29.265 vs BSP:L1YV34: 1.03

Live Nation Entertainment's Days Inventory increased from Mar. 2024 (1.53) to Mar. 2025 (2.15). It might indicate that Live Nation Entertainment's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Live Nation Entertainment's Inventory Turnover for the three months ended in Mar. 2025 was 42.44.

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. Live Nation Entertainment's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.02.


Live Nation Entertainment Days Inventory Historical Data

The historical data trend for Live Nation Entertainment'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.

Live Nation Entertainment Days Inventory Chart

Live Nation Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.54 2.26 1.11 0.92 0.91

Live Nation Entertainment Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 - - 1.02 2.15

Competitive Comparison of Live Nation Entertainment's Days Inventory

For the Entertainment subindustry, Live Nation Entertainment'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.


Live Nation Entertainment's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Live Nation Entertainment's Days Inventory falls into.


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Live Nation Entertainment Days Inventory Calculation

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

Live Nation Entertainment's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (221.182 + 305.935) / 2 ) / 105719.067*365
=263.5585 / 105719.067*365
=0.91

Live Nation Entertainment's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (305.935 + 0) / 1 ) / 12984.153*365 / 4
=305.935 / 12984.153*365 / 4
=2.15

* 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.


Live Nation Entertainment  (BSP:L1YV34) 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.

Live Nation Entertainment's Inventory Turnover for the three months ended in Mar. 2025 is calculated as

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.

Live Nation Entertainment's Inventory to Revenue for the three months ended in Mar. 2025 is calculated as

* 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

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.


Live Nation Entertainment Days Inventory Related Terms

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


Live Nation Entertainment Business Description

Traded in Other Exchanges
Address
9348 Civic Center Drive, Beverly Hills, CA, USA, 90210
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to nearly 400 venues worldwide at the end of 2024, which the firm says makes it the second-largest operator of music venues globally. In 2024, Live Nation promoted nearly 55,000 events, drawing more than 150 million fans. Ticketmaster is a dominant global ticketing service, selling almost 640 million tickets in 2024.

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