DoubleDown Interactive Co (DoubleDown Interactive Co) Inventory Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is DoubleDown Interactive Co Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. DoubleDown Interactive Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $24.8 Mil. DoubleDown Interactive Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. DoubleDown Interactive Co's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. DoubleDown Interactive Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

DoubleDown Interactive Co Inventory Turnover Historical Data

The historical data trend for DoubleDown Interactive Co's Inventory Turnover 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.

DoubleDown Interactive Co Inventory Turnover Chart

DoubleDown Interactive Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

DoubleDown Interactive Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

DoubleDown Interactive Co Inventory Turnover Calculation

DoubleDown Interactive Co's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	99.069	/ (	(0	+	0)	/	1 )
=	99.069	/	0
=	N/A

DoubleDown Interactive Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	24.787	/ (	(0	+	0)	/	1 )
=	24.787	/	0
=	N/A

DoubleDown Interactive Co (NAS:DDI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

DoubleDown Interactive Co's Days Inventory for the three 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	/	24.787	*	365 / 4
	=	0.00

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.

DoubleDown Interactive Co'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	/	83.098
	=	0.00

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

DoubleDown Interactive Co Inventory Turnover Related Terms

Thank you for viewing the detailed overview of DoubleDown Interactive Co's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

DoubleDown Interactive Co (DoubleDown Interactive Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DoubleDown Interactive Co Ltd (NAS:DDI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

DDI:Germany

Address

152, Teheran-ro Gangnam-gu, Gangnam Finance Center, 13th Floor, Seoul, KOR, 06236

Website

https://www.doubledowninteractive.com

DoubleDown Interactive Co Ltd is a developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multi-format interactive entertainment experiences for casual players. Its market opportunity includes casual gaming globally, which includes slots, puzzles, cards, match three, and other similar games. Within the social casino segment of casual gaming, which includes free-to-play online slots, poker, table games, and bingo. Other games developed by the company are DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches. The company has a presence in the international market, and it derives a majority of its revenue from the United States of America.