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International Game Technology PLC (NYSE:IGT)
Change In Inventory
\$-14 Mil (As of Dec. 2016)

International Game Technology PLC's change in inventory for the quarter that ended in Dec. 2016 was \$-14 Mil. It means International Game Technology PLC's inventory increased by \$14 Mil from Sep. 2016 to Dec. 2016 .

International Game Technology PLC's change in inventory for the fiscal year that ended in Dec. 2016 was \$-61 Mil. It means International Game Technology PLC's inventory increased by \$61 Mil from Dec. 2015 to Dec. 2016 .

International Game Technology PLC's inventory for the quarter that ended in Dec. 2016 was \$347 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. International Game Technology PLC's days inventory for the quarter that ended in Dec. 2016 was 37.34.

Inventory can be measured by Days Sales of Inventory (DSI). International Game Technology PLC's days sales of inventory (DSI) for the quarter that ended in Dec. 2016 was 23.20.

Inventory turnover measures how fast the company turns over its inventory within a year. International Game Technology PLC's inventory turnover for the quarter that ended in Dec. 2016 was 2.44.

Inventory to revenue ratio 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. International Game Technology PLC's inventory to revenue ratio for the quarter that ended in Dec. 2016 was 0.25.

Definition

Change In Inventory is the difference between last periodÂ’s ending inventory and the current periodÂ’s ending inventory.

Explanation

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

International Game Technology PLC's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

 Days Inventory = Average Inventory / Cost of Goods Sold * Days in Period = 335.9545 / 820.889 * 365 / 4 = 37.34

2. Inventory can be measured by Days Sales of Inventory (DSI).

International Game Technology PLC's Days Sales of Inventory for the quarter that ended in Dec. 2016 is calculated as

 Days Sales of Inventory (DSI) = Average Inventory / Revenue * Days in Period = 335.9545 / 1321.216 * 365 / 4 = 23.20

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

International Game Technology PLC's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

 Inventory Turnover = Cost of Goods Sold / Average Inventory = 820.889 / 335.9545 = 2.44

4. 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.

International Game Technology PLC's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

 Inventory to Revenue = Average Inventory / Revenue = 335.9545 / 1321.216 = 0.25

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

International Game Technology PLC Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 ChangeInInventory -47 49 -5 -28 35 -26 19 4 0 -61

International Game Technology PLC Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 ChangeInInventory 0 0 -17 16 -29 29 2 -8 -40 -14
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