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Meredith (Meredith) Inventory-to-Revenue : 0.04 (As of Sep. 2021)


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What is Meredith Inventory-to-Revenue?

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. Meredith's Average Total Inventories for the quarter that ended in Sep. 2021 was $30 Mil. Meredith's Revenue for the three months ended in Sep. 2021 was $709 Mil. Meredith's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.04.

Meredith's Inventory-to-Revenue for the quarter that ended in Sep. 2021 increased from Jun. 2021 (0.04) to Jun. 2021 (0.04)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Meredith's Days Inventory for the three months ended in Sep. 2021 was 10.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Meredith's Inventory Turnover for the quarter that ended in Sep. 2021 was 9.03.


Meredith Inventory-to-Revenue Historical Data

The historical data trend for Meredith's Inventory-to-Revenue 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.

Meredith Inventory-to-Revenue Chart

Meredith Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.02 0.02 0.02 0.01

Meredith Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Inventory-to-Revenue 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 0.05 0.04 0.05 0.04 0.04

Competitive Comparison of Meredith's Inventory-to-Revenue

For the Publishing subindustry, Meredith's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Meredith's Inventory-to-Revenue Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Meredith's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Meredith's Inventory-to-Revenue falls into.



Meredith Inventory-to-Revenue Calculation

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.

Meredith's Inventory-to-Revenue for the fiscal year that ended in Jun. 2021 is calculated as

Inventory-to-Revenue (A: Jun. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2020 ) + Total Inventories (A: Jun. 2021 )) / count ) / Revenue (A: Jun. 2021 )
=( (34.2 + 29.3) / 2 ) / 2977.4
=31.75 / 2977.4
=0.01

Meredith's Inventory-to-Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue (Q: Sep. 2021 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Revenue (Q: Sep. 2021 )
=( (29.3 + 29.7) / 2 ) / 708.6
=29.5 / 708.6
=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.


Meredith  (NYSE:MDP) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Meredith's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2021 )/Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=29.5/266.4*365 / 4
=10.10

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

Meredith's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2021 ) / Average Total Inventories (Q: Sep. 2021 )
=266.4 / 29.5
=9.03

* 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.


Meredith Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Meredith's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Meredith (Meredith) Business Description

Traded in Other Exchanges
N/A
Address
1716 Locust Street, Des Moines, IA, USA, 50309-3023
Meredith Corp is an American media company that focuses on publications and marketing services around the home, family, food, and lifestyle markets. The company operates two divisions: national media and local media. The national media segment publishes magazines such as Every Day with Rachael Ray, Better Homes and Gardens, Family Fun, and Parents; this segment is the source of the majority of Meredith's revenue. The local media segment owns over 15 television stations around the United States. In 2014, the company announced a 10-year licensing agreement with Martha Stewart Omnimedia to acquire the rights to Martha Stewart Living, Martha Stewart Weddings, and marthastewart.com.
Executives
John S Zieser officer: Chief Development Officer 1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Steven M Cappaert officer: Corporate Controller
Thomas H Harty director, officer: President and CEO MEREDITH CORPORATION 1716 LOCUST ST., MAIL STOP LS101-A DES MOINES IA 50309
Patrick Mccreery officer: President-Local Media Group C/O MEREDITH CORP 1716 LOCUST STREET DES MOINES IA 50309
Jason M. Frierott officer: Chief Financial Officer C/O TRANSPORTATION SYSTEMS HOLDINGS INC. 901 MAIN AVENUE NORWALK CT 06851
Gregory Coleman director C/O MEREDITH CORP., 1716 LOCUST STREET, DES MOINES IA 50309
Donald C Berg director PO BOX 1080, LOUISVILLE KY 40201
Stephen M Lacy director 1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Beth J Kaplan director 1716 LOCUST STREET, DES MOINES IA 50309
Joseph H Ceryanec officer: Chief Financial Officer PO BOX 3177 CEDAR RAPIDS IA 52406-3177
Meredith Edwin T Iv 10 percent owner
Elizabeth E Tallett director 6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
Iii Chris Roberts director 1716 LOCUST ST. LS-175, 7TH FLOOR, DES MOINES IA 50309
Paula Kerger director C/O MEREDITH CORP 1716 LOCUST STREET DES MOINES IA 50309
Donald A Baer director 1716 LOCUST STREET DES MOINES IA 50309