Flutter Entertainment (Flutter Entertainment) Total Inventories : $0 Mil (As of Dec. 2023)

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What is Flutter Entertainment Total Inventories?

Flutter Entertainment's total inventories for the quarter that ended in Dec. 2023 was $0 Mil. Flutter Entertainment's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Flutter Entertainment's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-62.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Flutter Entertainment's Days Inventory for the six months ended in Dec. 2023 was 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. Flutter Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Flutter Entertainment Total Inventories Historical Data

The historical data trend for Flutter Entertainment's Total Inventories 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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Flutter Entertainment Total Inventories Chart

Flutter Entertainment Annual Data

Trend

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Dec23

Total Inventories

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Flutter Entertainment Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Flutter Entertainment Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Flutter Entertainment (NYSE:FLUT) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Flutter Entertainment's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(3421	+	0.75 * 90	+	0.5 * 0	-	13267
-	0	-	1324)	/	177.009
=	-62.72

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

Flutter Entertainment's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	3669.805	*	365 / 2
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	3669.805	/	0
	=	N/A

4. 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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	5724.891
	=	0.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Flutter Entertainment Total Inventories Related Terms

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Flutter Entertainment (Flutter Entertainment) Business Description

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PDYPY:USA FLTR:Ireland FLTRl:UK FLTR:UK PPB:Germany

Address

Beech Hill Road, Belfield Office Park, Clonskeagh, Dublin, IRL, 4

Website

https://www.flutter.com

Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company's segments include PBB Online, which provides betting apps in over 100 countries as well as business-to-business risk and trading services; Australia, which consists of the Sportsbet Australian brand for betting on national sporting events; U.S., which includes betting apps, retail-only betting, and daily fantasy sports; and PBB Retail, which includes betting shops in the U.K. and Ireland and an accompanying app. PBB Online makes up the largest revenue segment.