iHeartMedia (iHeartMedia) Days Inventory

: 0.00 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). iHeartMedia's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. iHeartMedia's Cost of Goods Sold for the three months ended in Dec. 2023 was $415 Mil. Hence, iHeartMedia's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

During the past 13 years, iHeartMedia's highest Days Inventory was 7.67. The lowest was 0.27. And the median was 3.58.

IHRT's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 26.32
* Ranked among companies with meaningful Days Inventory only.

iHeartMedia's Days Inventory stayed the same from Dec. 2022 (0.00) 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. iHeartMedia's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

iHeartMedia Days Inventory Historical Data

The historical data trend for iHeartMedia'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.

iHeartMedia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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0.27

0.59

0.78

iHeartMedia 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															-	-	-	-	-

Competitive Comparison

For the Broadcasting subindustry, iHeartMedia'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.

iHeartMedia Days Inventory Distribution

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

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

iHeartMedia Days Inventory Calculation

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

iHeartMedia's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1494.234	*	365
=	0					/	1494.234	*	365
=	0.00

iHeartMedia'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 )	/	414.556	*	365 / 4
=	0					/	414.556	*	365 / 4
=	0.00

iHeartMedia (NAS:IHRT) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	414.556	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1066.783
	=	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.

iHeartMedia Days Inventory Related Terms

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

iHeartMedia (iHeartMedia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » iHeartMedia Inc (NAS:IHRT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IHRTB:USA

Address

20880 Stone Oak Parkway, San Antonio, TX, USA, 78258

Website

https://www.iheartmedia.com

iHeartMedia Inc is a us-based diversified media and entertainment company. It operates through the segments of the Multiplatform Group, the Digital Audio Group, and the Audio & Media Services Group. The company derives prime revenue from the Multiplatform Group segment which includes the company's Broadcast radio, Networks and Sponsorships, and Events businesses. The Digital Audio Group segment includes all of the company's digital businesses, including podcasting; and the Audio & Media Services Group includes Katz Media Group, a full-service media representation business, and RCS Sound Software, a provider of scheduling and broadcast software and services.

Executives

Robert W Pittman	director, officer: Chief Executive Officer	C/O CENDANT, 9 WEST 57TH ST, NEW YORK NY 10019
Scott D Hamilton	officer: See Remarks	200 EAST BASSE ROAD, SAN ANTONIO TX 78209
Michael B Mcguinness	officer: EVP-Finance & Deputy CFO	C/O THE HAIN CELESTIAL GROUP, INC., 1111 MARCUS AVENUE, LAKE SUCCESS NY 11042
Richard J Bressler	director, officer: President, COO and CFO	1515 BROADWAY, NEW YORK NY 10036
James A Rasulo	director	20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258
Global Media & Entertainment Investments Ltd	10 percent owner	C/O RHONE, BLDG. 2, WESTERN BUS. CNTR., MT. PLEASANT VLG., WESTERN RD, SP63131, NASSAU C5 00000
Simon Groom	10 percent owner	C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Global Media & Entertainment Investments Trust	10 percent owner	C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Michael Tabor	10 percent owner	C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
James W. Hill	10 percent owner	C/O GROOM HILL, 24 BOULEVARD PRINCESSE CHARLOTTE, MONACO O9 98000
Samuel Eli Englebardt	director	C/O IHEARTMEDIA, INC., 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258
Silver Point Capital L.p.	10 percent owner	TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Edward A Mule	director, 10 percent owner	C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Robert J O'shea	director, 10 percent owner	C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Jordan Fasbender	officer: SEE BELOW	C/O IHEARTMEDIA, INC., 20880 STONE OAK PARKWAY, SAN ANTONIO TX 78258