NMAX (Newsmax) Inventory Turnover: 15.74 (As of Jun. 2026)

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NMAX Newsmax Inc NMAX
12 GF Score
Price $10.07
! 3 Warning Signs
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What is Newsmax Inventory Turnover?

Newsmax NMAX -7.36% 12 Inventory Turnover is 15.74 as of Jun. 2026. GuruFocus rates NMAX with a GF Score™ of 12/100. The stock has 3 warning signs investors should review.

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. Newsmax's Cost of Goods Sold for the three months ended in Jun. 2026 was $30.8 Mil. Newsmax's Average Total Inventories for the quarter that ended in Jun. 2026 was $2.0 Mil. Newsmax's Inventory Turnover for the quarter that ended in Jun. 2026 was 15.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Newsmax's Days Inventory for the three months ended in Jun. 2026 was 5.80.

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. Newsmax's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.04.


Newsmax  (NYSE:NMAX) 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.

Newsmax's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=1.955/30.781*365 / 4
=5.80

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.

Newsmax's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=1.955 / 54.115
=0.04

* 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

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.


Newsmax Inventory Turnover Related Terms


Newsmax Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Newsmax'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.

Newsmax Inventory Turnover Chart

Newsmax Annual Data
Trend Dec23 Dec24 Dec25
Inventory Turnover
20.72 33.06 60.12

Newsmax Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 16.34 17.05 16.15 15.72 15.74
NMAX
12GF Score
Newsmax Inc NMAX
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Newsmax Inventory Turnover Calculation

Newsmax's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=114.833 / ((1.793 + 2.027) / 2 )
=114.833 / 1.91
=60.12

Newsmax's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=30.781 / ((2.01 + 1.9) / 2 )
=30.781 / 1.955
=15.74

* 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 Inventory Turnover →
What does a Inventory Turnover of 15.74 mean?
Newsmax (NMAX) has a Inventory Turnover of 15.74 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Newsmax and its competitors.
Is Newsmax's Inventory Turnover too high?
Newsmax's current Inventory Turnover is 15.74. Overall, Newsmax has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Newsmax's Inventory Turnover compare to SBGI and IHRT?
Newsmax's Inventory Turnover of 15.74 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Media - Diversified company?
A good Inventory Turnover depends on the Media - Diversified industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Newsmax and its competitors. Newsmax's current Inventory Turnover is 15.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newsmax stock overvalued right now?
Newsmax (NMAX) has a current Inventory Turnover of 15.74. The current Inventory Turnover is 15.74. Newsmax's overall GF Score™ is 12/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Newsmax (NMAX), the current Inventory Turnover is 15.74 as of Jun. 2026. 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.

Newsmax Business Description

Address 750 Park of Commerce Drive, Suite 100, Boca Raton, FL, USA, 33487
Newsmax Inc is a multi-platform media company. The company provides original news and lifestyle updates from its linear cable television and over-the-top (OTT) news channels, websites, proprietary database, publishing products, and e-commerce products. It uses original news and editorial content to draw large numbers of readers to its media outlets to sell advertising, print, and online information products. The company's business operations are conducted through two operating segments: Broadcasting and Digital. Maximum revenue is generated from the Broadcasting segment, which produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication companies, mainly in the United States.
12GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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