GCI (Gannett Co) Total Inventories : $22 Mil (As of Sep. 2024)

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What is Gannett Co Total Inventories?

Gannett Co's total inventories for the quarter that ended in Sep. 2024 was $22 Mil. Gannett Co's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $22 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gannett Co's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-10.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gannett Co's Days Inventory for the three months ended in Sep. 2024 was 5.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gannett Co's Inventory Turnover for the quarter that ended in Sep. 2024 was 16.76.

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. Gannett Co's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.04.

Gannett Co Total Inventories Historical Data

The historical data trend for Gannett Co's Total Inventories 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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Gannett Co Total Inventories Chart

Gannett Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

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55.09

35.08

37.66

45.22

26.79

Gannett Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial															29.91	26.79	23.62	22.43	22.42

Gannett Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Gannett Co (NYSE:GCI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Gannett Co's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(101.801	+	0.75 * 244.011	+	0.5 * 22.423	-	1823.433
-	0	-	-0.504)	/	147.431
=	-10.36

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Gannett Co's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	22.425	/	375.912	*	365 / 4
	=	5.44

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Gannett Co's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	375.912	/	22.425
	=	16.76

4. 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.

Gannett Co's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	22.425	/	612.439
	=	0.04

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Gannett Co Total Inventories Related Terms

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Gannett Co Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gannett Co Inc (NYSE:GCI) » Definitions » Total Inventories

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2N2A:Germany

Address

7950 Jones Branch Drive, McLean, VA, USA, 22107-0910

Website

https://www.gannett.com

Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The group operates in three segments, Domestic Gannett Media, Newsquest, and Digital Marketing Solutions. The majority of revenue is from the Domestic Gannett Media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream, and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest, providing more than 150 local media brands.

Executives

Laurence Tarica	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Reed	director, officer: Chief Executive Officer	C/O NEWM, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Cindy Gallagher	officer: CAO and PAO	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Amy Reinhard	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
John Jeffry Louis	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Vinayak Hegde	director	9785 S. MONROE STREET, SUITE 300, SANDY UT 84070
Debra A. Sandler	director	KEURIG DR PEPPER INC., 53 SOUTH AVE., BURLINGTON MA 01803
Theodore Peter Janulis	director	C/O FORTRESS INVESTMENT GROUP, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Mayur Gupta	director	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Paul J Bascobert	officer: CEO of Gannett Media Corp.	20 W. KINZIE ST, SUITE 1600, CHICAGO IL 60610
Douglas Edward Horne	officer: CFO and CAO	ONE TIME WARNER CENTER, NEW YORK NY 10019
Maria M Miller	director	C/O DAVE & BUSTERS, 2481 MANANA DR, DALLAS TX 75220
Barbara W. Wall	director	C/O GANNETT CO., INC., 7950 JONES BRANCH DR., MCLEAN VA 22107
Kevin M Sheehan	director	DAVE & BUSTER'S ENTERTAINMENT INC., 2481 MANANA DRIVE, DALLAS TX 75220
Alison K Engel	officer: Chief Financial Officer	400 SOUTH RECORD STREET, DALLAS TX 75202