TVTV (WhereverTV Broadcasting) Days Inventory: 0.00 (As of Dec. 2017)


What is WhereverTV Broadcasting Days Inventory?

WhereverTV Broadcasting TVTV +29.17% Days Inventory is 0.00 as of Dec. 2017. Among 664 Media - Diversified companies, WhereverTV Broadcasting ranks worse than 150602.26% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). WhereverTV Broadcasting's Average Total Inventories for the six months ended in Dec. 2017 was $0.00 Mil. WhereverTV Broadcasting's Cost of Goods Sold for the six months ended in Dec. 2017 was $0.40 Mil. Hence, WhereverTV Broadcasting's Days Inventory for the six months ended in Dec. 2017 was 0.00.

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

TVTV's Days Inventory is not ranked *
in the Media - Diversified industry.
Industry Median: 28.71
* Ranked among companies with meaningful Days Inventory only.

WhereverTV Broadcasting's Days Inventory stayed the same from Dec. 2007 (0.00) to Dec. 2017 (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. WhereverTV Broadcasting's Inventory-to-Revenue for the six months ended in Dec. 2017 was 0.00.


WhereverTV Broadcasting  (OTCPK:TVTV) 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.

WhereverTV Broadcasting's Inventory Turnover for the six months ended in Dec. 2017 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.

WhereverTV Broadcasting's Inventory to Revenue for the six months ended in Dec. 2017 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.


WhereverTV Broadcasting Days Inventory Related Terms


WhereverTV Broadcasting Days Inventory Historical Data

* Premium members only.

The historical data trend for WhereverTV Broadcasting'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.

WhereverTV Broadcasting Days Inventory Chart

WhereverTV Broadcasting Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

WhereverTV Broadcasting Semi-Annual Data
Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec16 Dec17
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 0.00 0.00 0.00 0.00 0.00

TVTV vs XHLD, TAAG, MDEX: Days Inventory Comparison

For the Broadcasting subindustry, WhereverTV Broadcasting'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.


WhereverTV Broadcasting Days Inventory vs Media - Diversified Industry

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

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



WhereverTV Broadcasting Days Inventory Calculation

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

WhereverTV Broadcasting's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0.404*365
=0 / 0.404*365
=0.00

WhereverTV Broadcasting's Days Inventory for the quarter that ended in Dec. 2017 is calculated as:

Days Inventory (Q: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2016 ) + Total Inventories (Q: Dec. 2017 )) / count ) / Cost of Goods Sold (Q: Dec. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0.404*365 / 2
=0 / 0.404*365 / 2
=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?
WhereverTV Broadcasting (TVTV) has a Days Inventory of 0.00 as of Dec. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on WhereverTV Broadcasting and its competitors. According to the industry distribution chart, WhereverTV Broadcasting ranks #999999 out of 664 companies in the Media - Diversified industry.
Is WhereverTV Broadcasting's Days Inventory too high?
WhereverTV Broadcasting's current Days Inventory is 0.00. Based on the distribution chart, WhereverTV Broadcasting ranks #999999 out of 664 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers.
How does WhereverTV Broadcasting's Days Inventory compare to XHLD and TAAG?
According to the Media - Diversified industry distribution chart, WhereverTV Broadcasting ranks #999999 out of 664 companies for Days Inventory. This places WhereverTV Broadcasting in the lower half of its industry. The industry median Days Inventory is 28.71. 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 28.71, based on 664 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 WhereverTV Broadcasting and its competitors. For the Media - Diversified industry, the median Days Inventory is 28.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WhereverTV Broadcasting'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 WhereverTV Broadcasting stock overvalued right now?
WhereverTV Broadcasting (TVTV) 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 WhereverTV Broadcasting (TVTV), the current Days Inventory is 0.00 as of Dec. 2017. 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.

WhereverTV Broadcasting Business Description

Address 2230 S. McCall Road, Unit A, Englewood, FL, USA, 34224
WhereverTV Broadcasting Corp is a next-generation subscription television service providing consumers with pre-paid live-streaming, genre-specific, and in-language viewing choices from around the world, delivered to anywhere in the world, and through any internet-enabled device. Programming is accessed through the internet via an Over the Top (OTT) platform, and channel management is handled by the company's patented Global Interactive Program Guide (IPG) technology. It will be able to deliver channels and events to Smart TVs and digital media receivers, including, but not limited to: Google Chromecast, AppleTV, Amazon Fire TV, iPhone, iPad, Android Smartphone, and TabletPCs.