E Media Holdings (JSE:EMH) Inventory Turnover : 7.62 (As of Sep. 2023)

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What is E Media Holdings 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. E Media Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was R821 Mil. E Media Holdings's Average Total Inventories for the quarter that ended in Sep. 2023 was R108 Mil. E Media Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 was 7.62.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. E Media Holdings's Days Inventory for the six months ended in Sep. 2023 was 23.94.

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. E Media Holdings's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.07.

E Media Holdings Inventory Turnover Historical Data

The historical data trend for E Media Holdings'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.

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E Media Holdings Inventory Turnover Chart

E Media Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Inventory Turnover

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100.09

152.97

358.63

35.38

13.33

E Media Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial															159.67	18.33	6.64	5.12	7.62

E Media Holdings Inventory Turnover Calculation

E Media Holdings's Inventory Turnover for the fiscal year that ended in Mar. 2023 is calculated as

	Inventory Turnover (A: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2023 )	/ (	(Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )
=	1629.426	/ (	(92.954	+	151.581)	/	2 )
=	1629.426	/	122.2675
=	13.33

E Media Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	821.292	/ (	(151.581	+	63.899)	/	2 )
=	821.292	/	107.74
=	7.62

E Media Holdings (JSE:EMH) 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.

E Media Holdings's Days Inventory for the six months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	107.74	/	821.292	*	365 / 2
	=	23.94

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.

E Media Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	107.74	/	1520.485
	=	0.07

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.

E Media Holdings Inventory Turnover Related Terms

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E Media Holdings (JSE:EMH) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » E Media Holdings Ltd (JSE:EMH) » Definitions » Inventory Turnover

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EMN:South Africa

Address

4 Albury Road, Dunkeld West, Hyde Park, Randburg, Johannesburg, GT, ZAF, 2196

Website

https://www.emediaholdings.co.za

E Media Holdings Ltd is a South Africa-based investment holding company. Through its subsidiaries, it is primarily engaged in the media and entertainment business. The company product portfolio includes products and services like is involved in E.TV a free-to-air commercial television channel; eNCA, a 24-hour news channel; OpenView HD and YFM, a radio station that targets the youth market. In addition, the company also provides property and facilities services, including broadcast and television studios, post-production facilities, equipment rental, and sales; as well as holds investments in the television broadcasting and content creation sectors. The company's majority of its revenue is earned from the South African market.

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