The Marquie Group (The Marquie Group) Inventory Turnover : 0.00 (As of Feb. 2024)

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What is The Marquie Group 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. The Marquie Group's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.00 Mil. The Marquie Group's Average Total Inventories for the quarter that ended in Feb. 2024 was $0.00 Mil.

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

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.

The Marquie Group Inventory Turnover Historical Data

The historical data trend for The Marquie Group'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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The Marquie Group Inventory Turnover Chart

The Marquie Group Annual Data

Trend

May14

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May16

May17

May18

May19

May20

May21

May22

May23

Inventory Turnover

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The Marquie Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

The Marquie Group Inventory Turnover Calculation

The Marquie Group's Inventory Turnover for the fiscal year that ended in May. 2023 is calculated as

	Inventory Turnover (A: May. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2023 )	/ (	(Total Inventories (A: May. 2022 )	+	Total Inventories (A: May. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

The Marquie Group's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

The Marquie Group (OTCPK:TMGI) 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.

The Marquie Group's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

The Marquie Group's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	0	/	0
	=

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.

The Marquie Group Inventory Turnover Related Terms

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The Marquie Group (The Marquie Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » The Marquie Group Inc (OTCPK:TMGI) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

7901 4th Street North, Suite 4000, Saint Petersburgh, FL, USA, 33702

Website

https://www.themarquiegroup.com

The Marquie Group Inc owns is a United States-based direct-to-consumer company specializing in marketing, product development, and media, including a dynamic radio and digital network. It operates two businesses: a nationally syndicated radio network called Music of Your Life, broadcast on AM, FM, and HD terrestrial radio stations across the United States, and heard around the world over the Internet; and a direct-to-consumer, health and beauty product line called Whim, that includes a regime of face care products and other beauty products. Revenues are generated from spot sales, digital sales, and subscription-based sales from live radio programming through radio stations.

Executives

Oz Corp	10 percent owner	24328 VERMONT AVENUE, SUITE 300, HARBOR CITY CA 90710
John Darrow Thomas	10 percent owner	10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095
Jacquie Angell	other: Spouse of the CEO	3225 MCLEOD DRIVE, SUITE 100, LAS VEGAS NV 89103
Marc Angell	director, 10 percent owner, officer: President, CEO, Secretary	3225 MCLEOD DRIVE, SUITE 100, LAS VEGAS NV 89121
Binquan Zhang	officer: Chief Financial Officer	14TH FLOOR GUO FANG BUILDING, NO. 68 WU YI ROAD, KUNMING CITY, YUNNAN PROVINCE F4 650032
Pin Nie	director, officer: COO, CEO	14TH FLOOR GUO FANG BUILDING, NO. 68 WU YI ROAD, KUNMING CITY, YUNNAN PROVINCE F4 650032
Zhongping Zhou	director	14TH FLOOR GUO FANG BUILDING, NO. 68 WU YI ROAD, KUNMING CITY, YUNNAN PROVINCE F4 650032
Li Wang	director, 10 percent owner, officer: Pres, Sec, Ch. of Board of Dir	14TH FLOOR GUO FANG BUILDING, NO. 68 WU YI ROAD, KUNMING CITY, YUNNAN PROVINCE F4 650032
Jun Zou	director	14TH FLOOR GUO FANG BUILDING, NO. 68 WU YI ROAD, KUNMING CITY, YUNNAN PROVINCE F4 650032