Sirius XM Holdings (FRA:3HY) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Sirius XM Holdings Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Sirius XM Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was €1,087 Mil. Sirius XM Holdings's Average Total Inventories for the quarter that ended in Dec. 2024 was €0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sirius XM Holdings's Days Inventory for the three months ended in Dec. 2024 was 0.00.

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. Sirius XM Holdings's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Sirius XM Holdings Inventory Turnover Historical Data

The historical data trend for Sirius XM Holdings's Inventory Turnover 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.

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Sirius XM Holdings Inventory Turnover Chart

Sirius XM Holdings Annual Data

Trend

Dec15

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Dec17

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Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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327.22

Sirius XM Holdings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Sirius XM Holdings Inventory Turnover Calculation

Sirius XM Holdings's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	4295.59	/ (	(0	+	0)	/	1 )
=	4295.59	/	0
=	N/A

Sirius XM Holdings's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	1086.79	/ (	(0	+	0)	/	1 )
=	1086.79	/	0
=	N/A

Sirius XM Holdings (FRA:3HY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Sirius XM Holdings's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0	/	1086.79	*	365 / 4
	=	0.00

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.

Sirius XM Holdings's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0	/	2089.54
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Sirius XM Holdings Inventory Turnover Related Terms

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Sirius XM Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sirius XM Holdings Inc (FRA:3HY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

SIRI:USA SIRI1:Mexico 3HY:Germany

Address

1221 Avenue of the Americas, 35th Floor, New York, NY, USA, 10020

Website

https://www.siriusxm.com

Sirius XM operates almost exclusively in the US through its SiriusXM and Pandora audio services. SiriusXM is primarily a satellite radio service, which offers nationwide coverage and mostly ad-free listening, with proprietary channels and exclusive content. It makes agreements with automakers to install its radios in vehicles and give trial services to vehicle buyers, which have traditionally fed its subscriber base. The company operates the service through a handful of geostationary satellites that it owns and operates, but it now offers a streaming SiriusXM option as well. Pandora, which makes up a much smaller portion of revenue and profit, offers a subscription and ad-supported streaming music service that competes with industry giants like Spotify, Apple Music, and YouTube Music.

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