Wynn Resorts (Wynn Resorts) Change In Inventory

: $-6 Mil (TTM As of Dec. 2023)

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Wynn Resorts's change in inventory for the quarter that ended in Dec. 2023 was $28 Mil. It means Wynn Resorts's inventory declined by $28 Mil from Sep. 2023 to Dec. 2023 .

Wynn Resorts's change in inventory for the fiscal year that ended in Dec. 2023 was $-6 Mil. It means Wynn Resorts's inventory increased by $6 Mil from Dec. 2022 to Dec. 2023 .

Wynn Resorts's Total Inventories for the quarter that ended in Dec. 2023 was $76 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wynn Resorts's Days Inventory for the quarter that ended in Dec. 2023 was 6.72.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wynn Resorts's Inventory Turnover for the quarter that ended in Dec. 2023 was 13.59.

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. Wynn Resorts's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.04.

Wynn Resorts Change In Inventory Historical Data

The historical data trend for Wynn Resorts's Change In Inventory 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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Wynn Resorts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-37.91

27.66

-21.50

-19.74

-6.03

Wynn Resorts Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																-12.54	-7.29	6.88	-33.71	28.09

Wynn Resorts Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6 Mil.

Wynn Resorts (NAS:WYNN) Change In Inventory Explanation

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

Wynn Resorts's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	75.3115	/	1023.116	*	365 / 4
	=	6.72

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

Wynn Resorts's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1023.116	/	75.3115
	=	13.59

3. 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.

Wynn Resorts's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	75.3115	/	1840.46
	=	0.04

Wynn Resorts Change In Inventory Related Terms

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Wynn Resorts (Wynn Resorts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Wynn Resorts Ltd (NAS:WYNN) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

WYNN:Mexico WYR:Germany WYR:Germany WYR:Germany

Address

3131 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109

Website

https://www.wynnresorts.com

Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to open a new building next to its existing Wynn Palace resort in around 2028. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.

Executives

Julie Cameron-doe	officer: CFO	C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD S., LAS VEGAS NV 89109
Ellen F Whittemore	officer: EVP and General Counsel	C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Craig Scott Billings	officer: CFO and Treasurer	C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Patricia Mulroy	director	C/O WYNN RESORTS LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Paul Albert Liu	director	C/O WYNN RESORTS, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Betsy S Atkins	director
Matt Maddox	officer: President	C/O WYNN RESORTS LTD, 3145 LAS VEGAS BIVD SOUTH, LAS VEGAS NV 89109
Darnell O. Strom	director	C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD S., LAS VEGAS NV 89109
Philip G Satre	director
Richard J Byrne	director	350 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Robert Jos Miller	director	6363 SOUTH FIDDLERS GREEN CIRCLE, GREENWOOD VILLAGE CO 80111
Margaret Jane Myers	director	C/O WYNN RESORTS, LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Winifred Markus Webb	director	9330 BALBOA AVE, SAN DIEGO CA 92123
Stephen A Wynn	10 percent owner	3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Kimmarie Sinatra	officer: EVP/General Counsel/Secretary	C/O WYNN RESORTS LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109