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Metropole Television (XPAR:MMT) Inventory Turnover : 1.51 (As of Dec. 2023)


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What is Metropole Television 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. Metropole Television's Cost of Goods Sold for the six months ended in Dec. 2023 was €337 Mil. Metropole Television's Average Total Inventories for the quarter that ended in Dec. 2023 was €223 Mil. Metropole Television's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metropole Television's Days Inventory for the six months ended in Dec. 2023 was 120.78.

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. Metropole Television's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.32.

Metropole Television Inventory Turnover Historical Data

The historical data trend for Metropole Television'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.

* Premium members only.

Metropole Television Inventory Turnover Chart

Metropole Television Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 2.25 2.53 2.55 2.79

Metropole Television Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.30 1.15 1.33 1.33 1.51

Metropole Television Inventory Turnover Calculation

Metropole Television'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 )
=638.7 / ((231.5 + 226.1) / 2 )
=638.7 / 228.8
=2.79

Metropole Television's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=337.4 / ((220.5 + 226.1) / 2 )
=337.4 / 223.3
=1.51

* 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.

Metropole Television  (XPAR:MMT) 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.

Metropole Television's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=223.3/337.4*365 / 2
=120.78

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.

Metropole Television's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=223.3 / 693.8
=0.32

* 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.

Metropole Television Inventory Turnover Related Terms

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Metropole Television (XPAR:MMT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Metropole Television SA (XPAR:MMT) » Definitions » Inventory Turnover
Comparable Companies
XPAR:TFI XPAR:NRG XPAR:ALCHI XPAR:MLVST LSXMA XTER:RRTL SAU:4072 TSE:9401 TSE:9404 LSE:ITV LUX:SESGL BOM:532733 TSE:4676 TGNA SHSE:600959 MIL:MFEB XTER:PSM TSE:9412 NSE:ZEEL SZSE:301262
Traded in Other Exchanges
0MGL:UK MMT:Germany
Address
89, Avenue Charles-de-Gaulle, Cedex, Neuilly-sur-Seine, FRA, 92200
Website
https://www.groupem6.fr
Metropole Television SA is a media holding company that owns several television channels, magazines, publications, and movie production firms. Metropole Television SA's flagship channel is M6, a multimedia television network that displays a wide variety of content and includes dramas, news, comedies, films, and documentaries. Furthermore, Metropole owns production houses and operates digital content publications. The company generates the vast majority of its revenue from France. The RTL Group owns Metropole Television SA.