Loop Media (Loop Media) Days Inventory : 0.00 (As of Dec. 2023)

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What is Loop Media Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Loop Media's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. Loop Media's Cost of Goods Sold for the three months ended in Dec. 2023 was $6.55 Mil. Hence, Loop Media's Days Inventory for the three months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for Loop Media's Days Inventory or its related term are showing as below:

LPTV' s Days Inventory Range Over the Past 10 Years
Min: 0.31 Med: 2.26 Max: 29.62
Current: 0.36

During the past 9 years, Loop Media's highest Days Inventory was 29.62. The lowest was 0.31. And the median was 2.26.

LPTV's Days Inventory is ranked better than
96.5% of 657 companies
in the Media - Diversified industry
Industry Median: 26.06 vs LPTV: 0.36

Loop Media's Days Inventory declined from Dec. 2022 (0.18) to Dec. 2023 (0.00).

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

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. Loop Media's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Loop Media Days Inventory Historical Data

The historical data trend for Loop Media's Days Inventory 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.

Loop Media Days Inventory Chart

Loop Media Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Dec20

Sep21

Sep22

Sep23

Days Inventory

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29.62

2.26

0.31

Loop Media Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															0.18	-	-	-	-

Competitive Comparison of Loop Media's Days Inventory

For the Broadcasting subindustry, Loop Media's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Loop Media's Days Inventory Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Loop Media's Days Inventory falls into.

Loop Media Days Inventory Calculation

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

Loop Media's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0.018	+	0)	/	1 )	/	20.983	*	365
=	0.018					/	20.983	*	365
=	0.31

Loop Media's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	6.546	*	365 / 4
=	0					/	6.546	*	365 / 4
=	0.00

Loop Media (AMEX:LPTV) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Loop Media's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.546	/	0
	=

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.

Loop Media's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	10.171
	=	0.00

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Loop Media Days Inventory Related Terms

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

Loop Media (Loop Media) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Loop Media Inc (AMEX:LPTV) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2600 West Olive Avenue, Suite 5470, Burbank, CA, USA, 91505

Website

https://www.loop.tv

Loop Media Inc is a multichannel digital video platform media company that uses marketing technology. The company is focused on premium short-form video. It offers music videos and film, game, and TV trailers which can be viewed in hospitality, dining, and retail venues, on branded media and entertainment sites, and on over-the-top TV platforms and IPTV devices.

Executives

Excel Family Partners Lllp	10 percent owner	700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Jon Maxwell Niermann Living Trust	10 percent owner	700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Cassidy Bruce A. Sr.	director, 10 percent owner	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
David Saint-fleur	director	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Denise M. Penz	director	C/O LOOP MEDIA, INC., 700 N. CENTRAL AVE., SUITE 430, GLENDALE CA 91203
Bruce A. Cassidy 2013 Irrevocable Trust	10 percent owner	8060 COW CAMP LANE, SARASOTA FL 34240
Bob Gruters	officer: Chief Revenue Officer	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Andy Schuon	officer: Head of Loop Studios	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Sonya Zilka	director	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Neil T Watanabe	officer: Chief Financial Officer	13245 RIVERSIDE DRIVE, SUITE 450, SHERMAN OAKS CA 91423
Liam Mccallum	officer: Chief Product and Tech Officer	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Cerna James J Jr	officer: Chief Financial Officer	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Jon M Niermann	director, 10 percent owner, officer: Chief Executive Officer	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Pioneer Productions Llc	10 percent owner	C/O LOOP MEDIA, 700 N CENTRAL AVENUE, SUITE 430, GLENDALE CA 91203
Running Wind Llc	10 percent owner	1879 HAZELTON DRIVE, GERMANTOWN TN 38138