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Codere Online Luxembourg (Codere Online Luxembourg) Days Inventory : 0.00 (As of Jun. 2023)


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What is Codere Online Luxembourg Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Codere Online Luxembourg's Average Total Inventories for the six months ended in Jun. 2023 was $0.0 Mil. Codere Online Luxembourg's Cost of Goods Sold for the six months ended in Jun. 2023 was $3.3 Mil. Hence, Codere Online Luxembourg's Days Inventory for the six months ended in Jun. 2023 was 0.00.

The historical rank and industry rank for Codere Online Luxembourg's Days Inventory or its related term are showing as below:

CDRO's Days Inventory is not ranked *
in the Travel & Leisure industry.
Industry Median: 36.02
* Ranked among companies with meaningful Days Inventory only.

Codere Online Luxembourg's Days Inventory stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

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

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. Codere Online Luxembourg's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.00.


Codere Online Luxembourg Days Inventory Historical Data

The historical data trend for Codere Online Luxembourg'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.

Codere Online Luxembourg Days Inventory Chart

Codere Online Luxembourg Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
- - - - -

Codere Online Luxembourg Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory Get a 7-Day Free Trial - - - - -

Competitive Comparison of Codere Online Luxembourg's Days Inventory

For the Gambling subindustry, Codere Online Luxembourg'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.


Codere Online Luxembourg's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Codere Online Luxembourg's Days Inventory distribution charts can be found below:

* The bar in red indicates where Codere Online Luxembourg's Days Inventory falls into.



Codere Online Luxembourg Days Inventory Calculation

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

Codere Online Luxembourg's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 5.13*365
=0 / 5.13*365
=0.00

Codere Online Luxembourg's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 3.269*365 / 2
=0 / 3.269*365 / 2
=0.00

* 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.


Codere Online Luxembourg  (NAS:CDRO) 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.

Codere Online Luxembourg's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

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.

Codere Online Luxembourg's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

* 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.


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.


Codere Online Luxembourg Days Inventory Related Terms

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


Codere Online Luxembourg (Codere Online Luxembourg) Business Description

Traded in Other Exchanges
Address
7 rue Robert Stumper, Luxembourg, LUX, L-2557
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Italy, Mexico, Colombia, Panama and in the City of Buenos Aires where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls and gambling establishments, such as slot machines, table games and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. If the user wins, it pays out the bet. If the user loses, it keeps the amount wagered.

Codere Online Luxembourg (Codere Online Luxembourg) Headlines

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