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LiveOne (LiveOne) Days Inventory : 8.57 (As of Dec. 2023)


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What is LiveOne Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LiveOne's Average Total Inventories for the three months ended in Dec. 2023 was $2.2 Mil. LiveOne's Cost of Goods Sold for the three months ended in Dec. 2023 was $23.3 Mil. Hence, LiveOne's Days Inventory for the three months ended in Dec. 2023 was 8.57.

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

LVO' s Days Inventory Range Over the Past 10 Years
Min: 10.14   Med: 14.2   Max: 19.13
Current: 10.74

During the past 13 years, LiveOne's highest Days Inventory was 19.13. The lowest was 10.14. And the median was 14.20.

LVO's Days Inventory is ranked better than
68.04% of 657 companies
in the Media - Diversified industry
Industry Median: 26.06 vs LVO: 10.74

LiveOne's Days Inventory declined from Dec. 2022 (12.88) to Dec. 2023 (8.57).

Inventory Turnover measures how fast the company turns over its inventory within a year. LiveOne's Inventory Turnover for the three months ended in Dec. 2023 was 10.64.

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. LiveOne's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.07.


LiveOne Days Inventory Historical Data

The historical data trend for LiveOne'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.

LiveOne Days Inventory Chart

LiveOne Annual Data
Trend Apr14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 19.13 10.14 14.20

LiveOne Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.88 12.95 11.76 10.49 8.57

Competitive Comparison of LiveOne's Days Inventory

For the Entertainment subindustry, LiveOne'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.


LiveOne's Days Inventory Distribution in the Media - Diversified Industry

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

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



LiveOne Days Inventory Calculation

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

LiveOne'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
=( (2.599 + 2.596) / 2 ) / 66.782*365
=2.5975 / 66.782*365
=14.20

LiveOne'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2.28 + 2.092) / 2 ) / 23.267*365 / 4
=2.186 / 23.267*365 / 4
=8.57

* 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.


LiveOne  (NAS:LVO) 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.

LiveOne's Inventory Turnover for the three months ended in Dec. 2023 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.

LiveOne's Inventory to Revenue for the three months ended in Dec. 2023 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.


LiveOne Days Inventory Related Terms

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


LiveOne (LiveOne) Business Description

Traded in Other Exchanges
Address
269 South Beverly Drive, Suite 1450, Beverly Hills, CA, USA, 90212
LiveOne Inc, formerly LiveXLive Media Inc is a premium internet network devoted to live music and music-related video content. The company has been building an online destination for music fans to enjoy live performances from music venues and music festivals around the world, such as Rock in Rio, Outside Lands Music and Arts Festival, and Hangout Music Festival, as well as original content, artist exclusives, and industry interviews. The Company operates mainly through two segments, Audio and Media, with a majority of its revenue derived from the Audio segment.
Executives
Kristopher Wright director 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Robert S Ellin director, 10 percent owner, officer: CEO and Chairman 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Aaron Sullivan officer: Interim CFO, Controller & EVP 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Jay E. Krigsman director C/O LATERAL MEDIA, INC., 2121 AVENUE OF THE STARS, SUITE 2550, LOS ANGELES CA 90067
Patrick D Wachsberger director C/O LIVEXLIVE MEDIA, INC., 9200 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Maria D Garrido director C/O LIVEXLIVE MEDIA, INC.,, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Michael Quartieri officer: CFO, EVP & Secretary C/O SCIENTIFIC GAMES CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Bridget Baker director 2550 DENALI STREET, SUITE 1000, ANCHORAGE X1 99503
Tim J. Spengler director C/O LIVEXLIVE MEDIA, INC, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Dermot A Mccormack officer: President C/O LIVEXLIVE MEDIA, INC., 269 SOUTH BEVERLY DRIVE, SUITE #1450, BEVERLY HILLS CA 90212
Kenneth A Solomon director C/O LIVEXLIVE MEDIA, INC., 9200 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Ramin Arani director C/O LIVEXLIVE MEDIA, INC, 920 SUNSET BOULEVARD, SUITE #1201, WEST HOLLYWOOD CA 90069
Douglas D Schaer officer: Chief Operating Officer C/O LIVEXLIVE MEDIA, INC., 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212
Michael Leonard Zemetra officer: CFO and EVP 5264 CALATRANA DRIVE, WOODLAND HILLS CA 91364
Jerome N. Gold officer: CFO and EVP C/O LIVEXLIVE MEDIA, INC, 269 SOUTH BEVERLY DRIVE, SUITE 1450, BEVERLY HILLS CA 90212