International Game Technology (FRA:IGT) Days Inventory : 33.31 (As of Dec. 2014)

View and export this data going back to . Start your Free Trial

What is International Game Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). International Game Technology's Average Total Inventories for the three months ended in Dec. 2014 was €57 Mil. International Game Technology's Cost of Goods Sold for the three months ended in Dec. 2014 was €156 Mil. Hence, International Game Technology's Days Inventory for the three months ended in Dec. 2014 was 33.31.

The historical rank and industry rank for International Game Technology's Days Inventory or its related term are showing as below:

FRA:IGT's Days Inventory is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 34.075
* Ranked among companies with meaningful Days Inventory only.

International Game Technology's Days Inventory increased from Dec. 2013 (32.89) to Dec. 2014 (33.31). It might indicate that International Game Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. International Game Technology's Inventory Turnover for the three months ended in Dec. 2014 was 2.74.

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's Inventory-to-Revenue for the three months ended in Dec. 2014 was 0.16.

International Game Technology Days Inventory Historical Data

The historical data trend for International Game Technology's Days 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.

* Premium members only.

International Game Technology Days Inventory Chart

International Game Technology Annual Data

Trend

Sep05

Sep06

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Days Inventory

Get a 7-Day Free Trial

52.66

39.11

32.24

34.13

34.24

International Game Technology Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Days Inventory	Get a 7-Day Free Trial															32.89	31.36	40.99	34.07	33.31

Competitive Comparison of International Game Technology's Days Inventory

For the Gambling subindustry, International Game Technology's Days Inventory, along with its competitors' market caps and Days Inventory 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.

International Game Technology's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, International Game Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where International Game Technology's Days Inventory falls into.

International Game Technology Days Inventory Calculation

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

International Game Technology's Days Inventory for the fiscal year that ended in Sep. 2014 is calculated as

	Days Inventory (A: Sep. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2013 )	+	Total Inventories (A: Sep. 2014 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2014 )	*	Days in Period
=	( (67.395	+	55.406)	/	2 )	/	654.556	*	365
=	61.4005					/	654.556	*	365
=	34.24

International Game Technology's Days Inventory for the quarter that ended in Dec. 2014 is calculated as:

	Days Inventory (Q: Dec. 2014 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2014 )	+	Total Inventories (Q: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2014 )	*	Days in Period
=	( (55.406	+	58.392)	/	2 )	/	155.875	*	365 / 4
=	56.899					/	155.875	*	365 / 4
=	33.31

International Game Technology (FRA:IGT) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

International Game Technology's Inventory Turnover for the three months ended in Dec. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	155.875	/	56.899
	=	2.74

2. 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's Inventory to Revenue for the three months ended in Dec. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	56.899	/	365.437
	=	0.16

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

International Game Technology Days Inventory Related Terms

Thank you for viewing the detailed overview of International Game Technology's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

International Game Technology (FRA:IGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » International Game Technology (FRA:IGT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

International Game Technology was incorporated in Nevada in December 1980. It is a gaming Company specializing in the design, development, manufacture, and marketing of casino-style gaming equipment, systems technology, and game content across multiple platforms land-based, online real-money and social gaming. The Company manages operations in two geographic segments namely North America and International. North America consists of operations in the US and Canada and International encompasses its efforts in all other jurisdictions. The Company has two revenue streams within each business segment gaming operations and product sales. It includes the sales of gaming equipment, systems, services, licensing, and component parts in Product Sales. It provides casino games, gaming equipment and systems technology for land-based and online social gaming and wagering markets under for-sale or revenue sharing arrangements. IGT systems products include infrastructure and applications for casino management, customer relationship management, player management, and server-based gaming. Casino management solutions include integrated modules for machine accounting, patron management, cage and table accounting, ticket-in/ticket-out, bonusing, and table game automation. The Company's competitors include Ainsworth Game Technology Ltd, Aristocrat Leisure Limited, Bally Technologies, Inc., Konami Gaming Inc., Novomatic Group of Companies, and WMS Industries, Inc. At September 30, 2013, the Company held approximately 6,000 patents or patent applications and approximately 4,100 trademarks filed and registered around the world. he manufacture and distribution of casino games, gaming equipment, systems technology, and related services, as well as the operation of casinos, is subject to regulation by a variety of federal, state, international, tribal, and local agencies, with the majority of oversight provided by individual state gaming control boards.