CMGR (Clubhouse Media Group) Days Inventory: 0.00 (As of Jun. 2024)


What is Clubhouse Media Group Days Inventory?

Clubhouse Media Group CMGR -99.00% Days Inventory is 0.00 as of Jun. 2024.

Days Inventory is also known as Days Sales of Inventory (DSI). Clubhouse Media Group's Average Total Inventories for the three months ended in Jun. 2024 was $0.00 Mil. Clubhouse Media Group's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.32 Mil. Hence, Clubhouse Media Group's Days Inventory for the three months ended in Jun. 2024 was 0.00.

The historical rank and industry rank for Clubhouse Media Group's Days Inventory or its related term are showing as below:

CMGR's Days Inventory is not ranked *
in the Media - Diversified industry.
Industry Median: 28.7
* Ranked among companies with meaningful Days Inventory only.

Clubhouse Media Group's Days Inventory stayed the same from Jun. 2023 (0.00) to Jun. 2024 (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. Clubhouse Media Group's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.00.

Clubhouse Media Group  (OTCPK:CMGR) 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.

Clubhouse Media Group's Inventory Turnover for the three months ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.315 / 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.

Clubhouse Media Group's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0.417
=0.00

* 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.

Clubhouse Media Group Days Inventory Related Terms

Clubhouse Media Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Clubhouse Media Group'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.

Clubhouse Media Group Days Inventory Chart

Clubhouse Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Clubhouse Media Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.00 0.00 0.00 0.00 0.00

CMGR vs DBMM, MMND, TC: Days Inventory Comparison

For the Advertising Agencies subindustry, Clubhouse Media Group'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.

Clubhouse Media Group Days Inventory vs Media - Diversified Industry

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

* The bar in red indicates where Clubhouse Media Group's Days Inventory falls into.


Clubhouse Media Group Days Inventory Calculation

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

Clubhouse Media Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.971*365
=0 / 0.971*365
=0.00

Clubhouse Media Group's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.315*365 / 4
=0 / 0.315*365 / 4
=0.00

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
Clubhouse Media Group (CMGR) has a Days Inventory of 0.00 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Clubhouse Media Group and its competitors.
Is Clubhouse Media Group's Days Inventory too high?
Clubhouse Media Group's current Days Inventory is 0.00.
How does Clubhouse Media Group's Days Inventory compare to DBMM and MMND?
Clubhouse Media Group's Days Inventory of 0.00 can be compared against companies in the Media - Diversified industry. The industry median Days Inventory is 28.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Media - Diversified company?
The median Days Inventory among Media - Diversified companies is 28.70, based on 665 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Clubhouse Media Group and its competitors. For the Media - Diversified industry, the median Days Inventory is 28.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clubhouse Media Group's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clubhouse Media Group stock overvalued right now?
Clubhouse Media Group (CMGR) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Clubhouse Media Group (CMGR), the current Days Inventory is 0.00 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Clubhouse Media Group Business Description

Address 3651 Lindell Road, Suite D517, Las Vegas, NV, USA, 89103
Clubhouse Media Group Inc is a social media firm. The company focuses its efforts and resources on growing its wholly owned, creator monetization platform, HoneyDrip.com. The platform allows celebrities and influencers to create, post, communicate, and sell content directly to their fans. The company collects 30% commission on all transactions on the site.