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DraftKings (BSP:D2KN34) Change In Inventory : R$0 Mil (TTM As of Dec. 2023)


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What is DraftKings Change In Inventory?

DraftKings's change in inventory for the quarter that ended in Dec. 2023 was R$0 Mil. It means DraftKings's inventory stayed the same from Sep. 2023 to Dec. 2023 .

DraftKings's change in inventory for the fiscal year that ended in Dec. 2023 was R$0 Mil. It means DraftKings's inventory stayed the same from Dec. 2022 to Dec. 2023 .

DraftKings's Total Inventories for the quarter that ended in Dec. 2023 was R$0 Mil.

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


DraftKings Change In Inventory Historical Data

The historical data trend for DraftKings'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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DraftKings Change In Inventory Chart

DraftKings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
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DraftKings Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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DraftKings 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 R$0 Mil.

* 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.


DraftKings  (BSP:D2KN34) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0/3511.481*365 / 4
=0.00

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

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

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.

DraftKings's Inventory to Revenue for the quarter that ended in Dec. 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.


DraftKings Change In Inventory Related Terms

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DraftKings (BSP:D2KN34) Business Description

Traded in Other Exchanges
Address
222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online sports betting in 21 states (44% of the U.S. population) and iGaming in five states (11% of U.S.), with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.

DraftKings (BSP:D2KN34) Headlines

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