Live Nation Entertainment Inc (LYV)
Days of inventory on hand (DOH)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 348.21 | — | — | 12.03 | 383.07 | 11.11 | 8.73 | 10.07 | 318.59 | 12.10 | 7.17 | 5.48 | 128.78 | 3.67 | 1.04 | 1.15 | 63.75 | 5.52 | 13.27 | 10.95 | |
| DOH | days | 1.05 | — | — | 30.35 | 0.95 | 32.85 | 41.83 | 36.24 | 1.15 | 30.18 | 50.87 | 66.64 | 2.83 | 99.53 | 350.77 | 317.29 | 5.73 | 66.12 | 27.50 | 33.35 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 348.21
= 1.05
Days of Inventory on Hand (DOH) for Live Nation Entertainment Inc has fluctuated significantly over the years, indicating potential changes in inventory management efficiency.
- The data shows that DOH was relatively stable around 30-40 days in 2020 and the first half of 2021, with some variations.
- However, there was a substantial increase in DOH to over 300 days by March 31, 2021, which suggests an extended period for Live Nation to convert inventory into sales.
- This trend continued in the following quarter, reaching the peak level of over 350 days by June 30, 2021, indicating potential issues with inventory control or demand forecasting.
- A sharp decline was observed in the last quarter of 2021, with DOH dropping significantly to less than 3 days, which could imply more efficient inventory management or a decrease in inventory levels.
- In the subsequent periods, DOH remained relatively stable around 30-50 days, indicating a possible optimization of inventory levels or improved sales forecasting.
- By the end of December 31, 2023, DOH decreased to nearly 1 day, suggesting Live Nation efficiently manages its inventory or adjusts it to match demand.
- There is missing data for the second half of 2024, which limits a complete analysis of the trend.
In conclusion, Live Nation Entertainment Inc's DOH has shown significant fluctuations over time, with a remarkable increase and subsequent decrease in inventory turnover periods. Monitoring and managing inventory effectively will be essential for the company to control costs and optimize operations in the future.
Peer comparison
Dec 31, 2024