What is Madison Square Garden Entertainment 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. Madison Square Garden Entertainment's Average Total Inventories for the quarter that ended in Dec. 2023 was $4.1 Mil. Madison Square Garden Entertainment's Revenue for the
three
months ended in Dec. 2023 was $402.7 Mil.
Madison Square Garden Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.01.
Madison Square Garden Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2023
declined
from Sep. 2023 (0.02) to Sep. 2023 (0.01)
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.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Madison Square Garden Entertainment's Days Inventory for the
three
months ended in Dec. 2023 was 1.84.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Madison Square Garden Entertainment's Inventory Turnover for the quarter that ended in Dec. 2023 was 49.60.
Madison Square Garden Entertainment Inventory-to-Revenue Historical Data
* 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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Madison Square Garden Entertainment Inventory-to-Revenue Chart
Madison Square Garden Entertainment Annual Data
Trend
Jun20
Jun21
Jun22
Jun23
Inventory-to-Revenue
-
0.03
-
-
Madison Square Garden Entertainment Quarterly Data
Competitive Comparison of Madison Square Garden Entertainment's Inventory-to-Revenue
For the Leisure subindustry, Madison Square Garden Entertainment'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.
Madison Square Garden Entertainment's Inventory-to-Revenue Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Madison Square Garden Entertainment's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Madison Square Garden Entertainment's Inventory-to-Revenue falls into.
Madison Square Garden Entertainment 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.
* 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.
Madison Square Garden Entertainment (NYSE:MSGE) 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.
Madison Square Garden Entertainment's Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* 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.
Madison Square Garden Entertainment Inventory-to-Revenue Related Terms
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Madison Square Garden Entertainment (Madison Square Garden Entertainment) Business Description
Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.
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