Accel Entertainment (Accel Entertainment) Change In Inventory : $-1 Mil (TTM As of Dec. 2023)

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What is Accel Entertainment Change In Inventory?

Accel Entertainment's change in inventory for the quarter that ended in Dec. 2023 was $-1 Mil. It means Accel Entertainment's inventory increased by $1 Mil from Sep. 2023 to Dec. 2023 .

Accel Entertainment's change in inventory for the fiscal year that ended in Dec. 2023 was $-1 Mil. It means Accel Entertainment's inventory increased by $1 Mil from Dec. 2022 to Dec. 2023 .

Accel Entertainment's Total Inventories for the quarter that ended in Dec. 2023 was $8 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Accel Entertainment's Days Inventory for the quarter that ended in Dec. 2023 was 3.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. Accel Entertainment's Inventory Turnover for the quarter that ended in Dec. 2023 was 28.62.

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. Accel Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.02.

Accel Entertainment Change In Inventory Historical Data

The historical data trend for Accel Entertainment'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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Accel Entertainment Change In Inventory Chart

Accel Entertainment Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.50

-0.73

Accel Entertainment 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	Get a 7-Day Free Trial															-0.07	-0.53	0.16	0.53	-0.90

Accel Entertainment 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 $-1 Mil.

Accel Entertainment (NYSE:ACEL) Change In Inventory Explanation

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

Accel Entertainment's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	7.2305	/	206.965	*	365 / 4
	=	3.19

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	206.965	/	7.2305
	=	28.62

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.2305	/	297.068
	=	0.02

Accel Entertainment Change In Inventory Related Terms

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Accel Entertainment (Accel Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Accel Entertainment Inc (NYSE:ACEL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Tower Drive, Burr Ridge, Chicago, IL, USA, 60527

Website

https://www.accelentertainment.com

Accel Entertainment Inc is a distributed gaming operator in the United States. It is engaged in the installation, maintenance, and operation of video gaming terminals. The company offers products to restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. It operates slot machines and amusement equipment. The company generates a majority of its revenue from net gaming. Net gaming revenue represents net cash received from gaming activities, which is the difference between gaming wins and losses. Net gaming revenue includes the amounts earned by location partners and is recognized at the time of gaming play.

Executives

David W. Ruttenberg	director	140 TOWER DRIVE, BURR RIDGE IL 60527
Karl Mr. Peterson	director, officer: President & CEO	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Derek Harmer	officer: Secretary	140 TOWER DRIVE, BURR RIDGE IL 60527
Andrew H. Rubenstein	director, officer: CEO, President	140 TOWER DRIVE, BURR RIDGE IL 60527
Gordon Rubenstein	director	140 TOWER DRIVE, BURR RIDGE IL 60527
Christen Kozlik	officer: Chief Accounting Officer	140 TOWER DR., BURR RIDGE IL 60527
Mathew Scot Ellis	officer: Chief Financial Officer	C/O ACCEL ENTERTAINMENT, INC., 140 TOWER DR., BURR RIDGE IL 60527
Brian M. Carroll	officer: Chief Financial Officer	140 TOWER DRIVE, BURR RIDGE IL 60527
Dee M Robinson	director	140 TOWER DRIVE, BURR RIDGE IL 60527
Michael Joseph Marino	officer: Chief Commerical Officer	140 TOWER DRIVE, BURR RIDGE IL 60527
Ryan Hammer	officer: President, Gaming Operations	140 TOWER DRIVE, BURR RIDGE IL 60527
Clairvest Group Inc	10 percent owner	22 ST. CLAIRE AVE., SUITE 1700 M4T 253, TORONTO ONTARIO
Brian Sampias	officer: Controller	140 TOWER DRIVE, BURR RIDGE IL 60527
Eden Godsoe	director	140 TOWER DRIVE, BURR RIDGE IL 60527
Kenneth Rotman	director	C/O CLAIRVEST GROUP INC, 22 ST. CLAIR AVENUE EAST, SUITE 1700, TORONTO A6 M4T 2S3