Nexstar Broadcasting Group Inc (NXST)
Inventory turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 3,956,000 | 3,990,300 | 3,921,200 | 3,865,300 | 3,666,800 | 3,634,030 | 3,559,110 | 3,452,657 | 3,364,673 | 3,139,110 | 3,044,030 | 2,944,777 | 2,912,287 | 2,914,977 | 2,807,247 | 2,604,312 | 2,342,247 | 2,056,247 | 1,907,894 | 1,881,958 |
| Inventory | US$ in thousands | — | 14,000 | 14,000 | 14,000 | 15,600 | 178,000 | 0 | — | — | — | — | — | — | — | — | 124,314 | 168,605 | 138,356 | 34,445 | 22,401 |
| Inventory turnover | — | 285.02 | 280.09 | 276.09 | 235.05 | 20.42 | — | — | — | — | — | — | — | — | — | 20.95 | 13.89 | 14.86 | 55.39 | 84.01 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $3,956,000K ÷ $—K
= —
I'm sorry, but without specific data for inventory levels and cost of goods sold for each quarter, I am unable to calculate the inventory turnover ratio for Nexstar Media Group Inc. Inventory turnover is a key financial ratio that measures how efficiently a company is managing its inventory. It is calculated by dividing the cost of goods sold by the average inventory for a specific period. A high inventory turnover ratio usually indicates that a company is efficiently managing its inventory levels and turning over inventory quickly, while a low ratio may suggest overstocking or slow-moving inventory. For a more in-depth analysis, accurate data for the cost of goods sold and inventory levels for Nexstar Media Group Inc would be required.
Peer comparison
Dec 31, 2023
Dec 31, 2023