Rcs Mediagroup (LTS:0QEJ) Inventory Turnover : 4.93 (As of Mar. 2024)

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What is Rcs Mediagroup 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. Rcs Mediagroup's Cost of Goods Sold for the three months ended in Mar. 2024 was €94.7 Mil. Rcs Mediagroup's Average Total Inventories for the quarter that ended in Mar. 2024 was €19.2 Mil. Rcs Mediagroup's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rcs Mediagroup's Days Inventory for the three months ended in Mar. 2024 was 18.50.

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. Rcs Mediagroup's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

Rcs Mediagroup Inventory Turnover Historical Data

The historical data trend for Rcs Mediagroup'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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Rcs Mediagroup Inventory Turnover Chart

Rcs Mediagroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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23.41

19.49

26.63

20.22

18.44

Rcs Mediagroup Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.18	4.64	3.22	6.14	4.93

Rcs Mediagroup Inventory Turnover Calculation

Rcs Mediagroup's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	469.2	/ (	(31.9	+	19)	/	2 )
=	469.2	/	25.45
=	18.44

Rcs Mediagroup's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	94.7	/ (	(19	+	19.4)	/	2 )
=	94.7	/	19.2
=	4.93

Rcs Mediagroup (LTS:0QEJ) 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.

Rcs Mediagroup's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	19.2	/	94.7	*	365 / 4
	=	18.50

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.

Rcs Mediagroup's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	19.2	/	168.9
	=	0.11

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.

Rcs Mediagroup Inventory Turnover Related Terms

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Rcs Mediagroup (LTS:0QEJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Rcs Mediagroup (LTS:0QEJ) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

RZSMF:USA RCS:Italy HPI2:Germany

Address

Via Angelo Rizzoli, 8, MIlan, ITA, 20132

Website

http://www.rcsmediagroup.it

RCS Mediagroup is a publishing company. It prints newspapers in Italy and Spain and is active in magazines, television, radio and new media, as well as one of the top operators in the advertising sales and distribution market. The company operates in daily newspapers, books, radio broadcasting, new media and digital and satellite TV, organises highly important global sporting events and is among the leading operators in advertising sales and distribution in Italy and Spain. Its operating business segments are Newspapers Italy, Magazines Italy, Advertising and Sport, Unidad Editorial, and Other Corporate activities, with maximum revenue from the Newspapers segment. Geographically, the company operates in Italy, Spain, and Other countries. The maximum revenue is derived from Italy.

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