WRIT Media Group (WRIT Media Group) Inventory Turnover : 0.00 (As of Dec. 2017)

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What is WRIT Media Group 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. WRIT Media Group's Cost of Goods Sold for the three months ended in Dec. 2017 was $1.12 Mil. WRIT Media Group's Average Total Inventories for the quarter that ended in Dec. 2017 was $0.00 Mil.

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

WRIT Media Group Inventory Turnover Historical Data

The historical data trend for WRIT Media Group'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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WRIT Media Group Inventory Turnover Chart

WRIT Media Group Annual Data

Trend

Mar08

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Mar17

Inventory Turnover

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WRIT Media Group Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

WRIT Media Group Inventory Turnover Calculation

WRIT Media Group's Inventory Turnover for the fiscal year that ended in Mar. 2017 is calculated as

	Inventory Turnover (A: Mar. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2017 )	/ (	(Total Inventories (A: Mar. 2016 )	+	Total Inventories (A: Mar. 2017 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

WRIT Media Group's Inventory Turnover for the quarter that ended in Dec. 2017 is calculated as

	Inventory Turnover (Q: Dec. 2017 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2017 )	/ (	(Total Inventories (Q: Sep. 2017 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )
=	1.117	/ (	(0	+	0)	/	1 )
=	1.117	/	0
=	N/A

WRIT Media Group (OTCPK:WRIT) 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.

WRIT Media Group's Days Inventory for the three months ended in Dec. 2017 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2017 )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
	=	0	/	1.117	*	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.

WRIT Media Group's Inventory to Revenue for the quarter that ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2017 )	/	Revenue (Q: Dec. 2017 )
	=	0	/	1.369
	=	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.

WRIT Media Group Inventory Turnover Related Terms

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WRIT Media Group (WRIT Media Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WRIT Media Group Inc (OTCPK:WRIT) » Definitions » Inventory Turnover

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Address

1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135

Website

https://www.writmediagroup.com

WRIT Media Group Inc is a part of the media industry. It is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, which produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D), and ultra-high definition (4K) for initial worldwide digital broadcast into digitally-enabled movie theatres. It also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.

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