GROMW (Grom Social Enterprises) Days Inventory: 6.56 (As of Mar. 2024) — 28% Below Median

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GROMW Grom Social Enterprises Inc GROMW
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What is Grom Social Enterprises Days Inventory?

Grom Social Enterprises GROMW 12 Days Inventory is 6.56 as of Mar. 2024, which is 28% below its 10-year median of 9.16. GuruFocus rates GROMW with a GF Score™ of 12/100. The stock has 7 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Grom Social Enterprises's Average Total Inventories for the three months ended in Mar. 2024 was $0.04 Mil. Grom Social Enterprises's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.61 Mil. Hence, Grom Social Enterprises's Days Inventory for the three months ended in Mar. 2024 was 6.56.

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

GROMW' s Days Inventory Range Over the Past 10 Years
Min: 1.54   Med: 9.16   Max: 56.63
Current: 8.81

During the past 9 years, Grom Social Enterprises's highest Days Inventory was 56.63. The lowest was 1.54. And the median was 9.16.

GROMW's Days Inventory is not ranked
in the Interactive Media industry.
Industry Median: 23.075 vs GROMW: 8.81

Grom Social Enterprises's Days Inventory declined from Mar. 2023 (13.20) to Mar. 2024 (6.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. Grom Social Enterprises's Inventory Turnover for the three months ended in Mar. 2024 was 13.91.

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. Grom Social Enterprises's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.05.


Grom Social Enterprises  (OTCPK:GROMW) 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.

Grom Social Enterprises's Inventory Turnover for the three months ended in Mar. 2024 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.

Grom Social Enterprises's Inventory to Revenue for the three months ended in Mar. 2024 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.


Grom Social Enterprises Days Inventory Related Terms


Grom Social Enterprises Days Inventory Historical Data

* Premium members only.

The historical data trend for Grom Social 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.

Grom Social Enterprises Days Inventory Chart

Grom Social Enterprises Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 1.54 4.25 6.84 9.11 9.21

Grom Social Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.20 11.63 8.99 6.28 6.56

GROMW vs FMHS, HMLA, GOOGL: Days Inventory Comparison

For the Internet Content & Information subindustry, Grom Social 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.


Grom Social Enterprises Days Inventory vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Grom Social Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Grom Social Enterprises's Days Inventory falls into.


GROMW
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Grom Social Enterprises Inc GROMW
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Grom Social Enterprises Days Inventory Calculation

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

Grom Social Enterprises'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
=( (0.092 + 0.043) / 2 ) / 2.674*365
=0.0675 / 2.674*365
=9.21

Grom Social Enterprises's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.043 + 0.045) / 2 ) / 0.612*365 / 4
=0.044 / 0.612*365 / 4
=6.56

* 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 6.56 mean?
Grom Social Enterprises (GROMW) has a Days Inventory of 6.56 as of Mar. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Grom Social Enterprises and its competitors. This is 28% below median its historical median of 9.16. Over the past decade, Grom Social Enterprises' Days Inventory has ranged from 1.54 to 56.63.
Is Grom Social Enterprises' Days Inventory too high?
Grom Social Enterprises' current Days Inventory of 6.56 is 28% below median its 10-year median of 9.16. Over the past 10 years, this metric has ranged from a low of 1.54 to a high of 56.63. The Interactive Media industry median Days Inventory is 23.08. Grom Social Enterprises' value of 6.56 is 71.6% below this industry median. Overall, Grom Social Enterprises has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Grom Social Enterprises' Days Inventory compare to FMHS and HMLA?
Grom Social Enterprises' Days Inventory of 6.56 can be compared against companies in the Interactive Media industry. The industry median Days Inventory is 23.08. Grom Social Enterprises' value of 6.56 is 71.6% below this benchmark. Historically, Grom Social Enterprises' own Days Inventory has ranged from 1.54 to 56.63 over the past decade. While the company's 10-year median is 9.16 vs. the industry median of 23.08, Grom Social Enterprises has consistently been below the industry average. 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 an Interactive Media company?
The median Days Inventory among Interactive Media companies is 23.08, based on 240 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. Grom Social Enterprises's current Days Inventory of 6.56 is 71.6% below the industry median. 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 Grom Social Enterprises and its competitors. For the Interactive Media industry, the median Days Inventory is 23.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grom Social Enterprises's current Days Inventory is 6.56, which is 28% below median its own 10-year median of 9.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grom Social Enterprises stock overvalued right now?
Grom Social Enterprises (GROMW) has a current Days Inventory of 6.56. The current Days Inventory is 6.56, which is 28% below median its 10-year median of 9.16 and 71.6% below the Interactive Media industry median of 23.08. Grom Social Enterprises' overall GF Score™ is 12/100 with 7 warning signs to review. 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 Grom Social Enterprises (GROMW), the current Days Inventory is 6.56 as of Mar. 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.

Grom Social Enterprises Business Description

Address 2060 NW Boca Raton Boulevard, Suite 6, Boca Raton, FL, USA, 33431
Grom Social Enterprises Inc is a social media, technology, and entertainment company for kids focused on producing original content. In addition to providing a social media platform, the company creates content consisting of animated characters, interactive charts, videos, blogs, and games. It has three reportable business segments: Animation, which includes TDH; Original Content, which includes CIM; and Social & Technology, which includes GSOC and GEDU. The majority of its revenue is from the Animation segment.
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