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Magnite (Magnite) Days Inventory : 0.00 (As of Dec. 2023)


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What is Magnite Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Magnite's Average Total Inventories for the three months ended in Dec. 2023 was $0.0 Mil. Magnite's Cost of Goods Sold for the three months ended in Dec. 2023 was $70.0 Mil. Hence, Magnite's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

MGNI's Days Inventory is not ranked *
in the Media - Diversified industry.
Industry Median: 26.06
* Ranked among companies with meaningful Days Inventory only.

Magnite's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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. Magnite's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.


Magnite Days Inventory Historical Data

The historical data trend for Magnite'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.

Magnite Days Inventory Chart

Magnite Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Magnite 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 - - - - -

Competitive Comparison of Magnite's Days Inventory

For the Advertising Agencies subindustry, Magnite'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.


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

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

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



Magnite Days Inventory Calculation

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

Magnite'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 ) / 409.906*365
=0 / 409.906*365
=0.00

Magnite'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
=( (0 + 0) / 1 ) / 70.025*365 / 4
=0 / 70.025*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.


Magnite  (NAS:MGNI) 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.

Magnite'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.

Magnite'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.


Magnite Days Inventory Related Terms

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


Magnite (Magnite) Business Description

Traded in Other Exchanges
Address
1250 Broadway, 15th Floor, New York, NY, USA, 10001
Magnite is one of the largest supply-side platform providers, or SSP, in online advertising. The firm was previously named The Rubicon Project (an online ad exchange) and became Magnite after merging with Telaria (an SSP focused mainly on streaming video providers) in 2020. The firm also purchased another of the leading SSPs within the CTV market, SpotX, in 2021 for $1.2 billion, cementing its long-term focus on grabbing market share in this area. The firm generates nearly 45% of its revenue from the programmatic sale of CTV ad inventory, 35% from mobile online sites and apps, and the remaining from websites accessed via computer.
Executives
Michael G. Barrett director, officer: CEO C/O THE RUBICON PROJECT, INC., 12181 BLUFF CREEK DRIVE, 4TH FLOOR, PLAYA VISTA CA 90094
David Buonasera officer: Chief Technology Officer C/O MAGNITE, INC., 1250 BROADWAY, 15TH FLOOR, NEW YORK NY 10001
Robert F Spillane director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Sean Patrick Buckley officer: Chief Revenue Officer, CTV C/O MAGNITE, INC., 6080 CENTER DRIVE, 4TH FLOOR, LOS ANGELES CA 90045
Aaron Saltz officer: General Counsel & Secy C/O TELARIA INC., 222 BROADWAY, 16TH FLOOR, NEW YORK NY 10038
Adam Lee Soroca officer: Head of Global Buyer Team C/O THE RUBICON PROJECT, INC., 12181 BLUFF CREEK DR., 4TH FLOOR, PLAYA VISTA CA 90094
Katie Seitz Evans officer: Chief Operating Officer C/O TREMOR VIDEO, INC., 1501 BROADWAY, SUITE 801, NEW YORK NY 10036
David Day officer: Chief Accounting Officer 21700 OXNARD STREET, SUITE 1600, WOODLAND HILLS CA 91367
Brian Gephart officer: Chief Accounting Officer 1655 26TH STREET, SANTA MONICA CA 90404
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
Rachel Lam director C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
David T. Pearson director C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Diane Yu director C/O MAGNITE, INC., 1250 BROADWAY, 15TH FLOOR, NEW YORK NY 10001
Joseph R Prusz officer: Global Chief Revenue Officer C/O THE RUBICON PROJECT, INC., 12181 BLUFF CREEK DRIVE, 4TH FLOOR, PLAYA VISTA CA 90094
Paul Caine director C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010