International Game Technology (International Game Technology) Change In Inventory

: $-59 Mil (TTM As of Dec. 2023)

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International Game Technology's change in inventory for the quarter that ended in Dec. 2023 was $8 Mil. It means International Game Technology's inventory declined by $8 Mil from Sep. 2023 to Dec. 2023 .

International Game Technology's change in inventory for the fiscal year that ended in Dec. 2023 was $-59 Mil. It means International Game Technology's inventory increased by $59 Mil from Dec. 2022 to Dec. 2023 .

International Game Technology's Total Inventories for the quarter that ended in Dec. 2023 was $317 Mil.

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 quarter that ended in Dec. 2023 was 49.41.

Inventory Turnover measures how fast the company turns over its inventory within a year. International Game Technology's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.85.

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 quarter that ended in Dec. 2023 was 0.28.

International Game Technology Change In Inventory Historical Data

The historical data trend for International Game Technology'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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International Game Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

84.00

17.00

-13.00

-65.00

-59.00

International Game Technology 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																9.00	-38.00	-25.00	-4.00	8.00

International Game Technology 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 $-59 Mil.

International Game Technology (NYSE:IGT) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	320	/	591	*	365 / 4
	=	49.41

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

International Game Technology's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	591	/	320
	=	1.85

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.

International Game Technology's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	320	/	1130
	=	0.28

International Game Technology Change In Inventory Related Terms

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International Game Technology (International Game Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » International Game Technology PLC (NYSE:IGT) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

7IG:Germany

Address

10 Finsbury Square, Third Floor, London, GBR, EC2A 1AF

Website

https://www.igt.com

International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company's operating segments include Global Lottery, Global Gaming, and Digital & Betting.. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts. Geographically, it derives a majority of revenue from the United States.