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MFE-MediaForEurope (MIL:MFEA) Days Inventory : 10.14 (As of Sep. 2024)


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What is MFE-MediaForEurope Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MFE-MediaForEurope's Average Total Inventories for the three months ended in Sep. 2024 was €35 Mil. MFE-MediaForEurope's Cost of Goods Sold for the three months ended in Sep. 2024 was €312 Mil. Hence, MFE-MediaForEurope's Days Inventory for the three months ended in Sep. 2024 was 10.14.

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

MIL:MFEA' s Days Inventory Range Over the Past 10 Years
Min: 6.79   Med: 10.25   Max: 12.77
Current: 9.74

During the past 13 years, MFE-MediaForEurope's highest Days Inventory was 12.77. The lowest was 6.79. And the median was 10.25.

MIL:MFEA's Days Inventory is ranked better than
68.11% of 671 companies
in the Media - Diversified industry
Industry Median: 24.87 vs MIL:MFEA: 9.74

MFE-MediaForEurope's Days Inventory declined from Sep. 2023 (10.84) to Sep. 2024 (10.14).

Inventory Turnover measures how fast the company turns over its inventory within a year. MFE-MediaForEurope's Inventory Turnover for the three months ended in Sep. 2024 was 9.00.

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. MFE-MediaForEurope's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.06.


MFE-MediaForEurope Days Inventory Historical Data

The historical data trend for MFE-MediaForEurope'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.

MFE-MediaForEurope Days Inventory Chart

MFE-MediaForEurope 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 10.52 12.70 10.88 10.72 12.77

MFE-MediaForEurope Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.84 11.96 13.02 7.35 10.14

Competitive Comparison of MFE-MediaForEurope's Days Inventory

For the Broadcasting subindustry, MFE-MediaForEurope'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.


MFE-MediaForEurope's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where MFE-MediaForEurope's Days Inventory falls into.



MFE-MediaForEurope Days Inventory Calculation

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

MFE-MediaForEurope'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
=( (46.7 + 61.9) / 2 ) / 1551.5*365
=54.3 / 1551.5*365
=12.77

MFE-MediaForEurope's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (34.6 + 0) / 1 ) / 311.5*365 / 4
=34.6 / 311.5*365 / 4
=10.14

* 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.


MFE-MediaForEurope  (MIL:MFEA) 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.

MFE-MediaForEurope's Inventory Turnover for the three months ended in Sep. 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.

MFE-MediaForEurope's Inventory to Revenue for the three months ended in Sep. 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.


MFE-MediaForEurope Days Inventory Related Terms

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


MFE-MediaForEurope Business Description

Address
Viale Europa 46, Cologno Monzese, Milan, ITA, 20093
MFE-MediaForEurope, formerly Mediaset SpA is a broadcasting television mass media company that focuses on broadcast and production. The company generates the vast majority of its revenue in Italy but also broadcasts to several neighboring European countries. Mediaset operates a suite of free and pay-based television channels. These channels have a range of programs, including dramas, sports, children's content, and documentaries. In addition to its traditional television interests, Mediaset controls Medusa Film, a film production company, as well as numerous websites.

MFE-MediaForEurope Headlines

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