TSMI (Total Sports Media) Inventory Turnover: 0.00 (As of May. 2017)

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What is Total Sports Media Inventory Turnover?

Total Sports Media TSMI Inventory Turnover is 0.00 as of May. 2017.

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. Total Sports Media's Cost of Goods Sold for the three months ended in May. 2017 was $0.05 Mil. Total Sports Media's Average Total Inventories for the quarter that ended in May. 2017 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Total Sports Media's Days Inventory for the three months ended in May. 2017 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. Total Sports Media's Inventory-to-Revenue for the quarter that ended in May. 2017 was 0.00.

Total Sports Media  (OTCPK:TSMI) 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.

Total Sports Media's Days Inventory for the three months ended in May. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2017 )/Cost of Goods Sold (Q: May. 2017 )*Days in Period
=0/0.053*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.

Total Sports Media's Inventory to Revenue for the quarter that ended in May. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2017 ) / Revenue (Q: May. 2017 )
=0 / 0.028
=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.

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.

Total Sports Media Inventory Turnover Related Terms

Total Sports Media Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Total Sports Media'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.

Total Sports Media Inventory Turnover Chart

Total Sports Media Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Total Sports Media Quarterly Data
Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
Inventory Turnover 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 0.00 0.00 0.00 0.00 0.00

Total Sports Media Inventory Turnover Calculation

Total Sports Media's Inventory Turnover for the fiscal year that ended in Aug. 2016 is calculated as

Inventory Turnover (A: Aug. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2016 ) / ((Total Inventories (A: Aug. 2015 ) + Total Inventories (A: Aug. 2016 )) / count )
=0.367 / ((0 + 0) / 1 )
=0.367 / 0
=N/A

Total Sports Media's Inventory Turnover for the quarter that ended in May. 2017 is calculated as

Inventory Turnover (Q: May. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2017 ) / ((Total Inventories (Q: Feb. 2017 ) + Total Inventories (Q: May. 2017 )) / count )
=0.053 / ((0 + 0) / 1 )
=0.053 / 0
=N/A

* 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 0.00 mean?
Total Sports Media (TSMI) has a Inventory Turnover of 0.00 as of May. 2017. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Total Sports Media and its competitors.
Is Total Sports Media's Inventory Turnover too high?
Total Sports Media's current Inventory Turnover is 0.00.
How does Total Sports Media's Inventory Turnover compare to ASKH and AFOM?
Total Sports Media's Inventory Turnover of 0.00 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 Total Sports Media and its competitors. Total Sports Media's current Inventory Turnover 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 Total Sports Media stock overvalued right now?
Total Sports Media (TSMI) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 Total Sports Media (TSMI), the current Inventory Turnover is 0.00 as of May. 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.

Total Sports Media Business Description

Address 5662 Calle Real, Suite 231, Goleta, CA, USA, 93117
Total Sports Media Inc is a digital media and technology services company. The company provides advertising and streaming services through its RadioLoyalty platform. It serves mobile broadcasters, the internet, and terrestrial radio stations as well as other broadcast content providers. All of the company's principal operations are located in Goleta, California. Its revenue is principally derived from advertising services.