Kings Entertainment Group (FRA:L12) Change In Inventory: €0.00 Mil (TTM As of Sep. 2023)

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What is Kings Entertainment Group Change In Inventory?

Kings Entertainment Group FRA:L12 Change In Inventory is €0.00 Mil as of Sep. 2023.

Kings Entertainment Group's change in inventory for the quarter that ended in Sep. 2023 was €0.00 Mil. It means Kings Entertainment Group's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Kings Entertainment Group's change in inventory for the fiscal year that ended in Dec. 2022 was €0.00 Mil. It means Kings Entertainment Group's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Kings Entertainment Group's Total Inventories for the quarter that ended in Sep. 2023 was €0.00 Mil.

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

Kings Entertainment Group  (FRA:L12) Change In Inventory Explanation

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

Kings Entertainment Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0/0.692*365 / 4
=0.00

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

Kings Entertainment Group's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.692 / 0
=N/A

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.

Kings Entertainment Group's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 1.573
=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.

Kings Entertainment Group Change In Inventory Related Terms

Kings Entertainment Group Change In Inventory Historical Data

* Premium members only.

The historical data trend for Kings Entertainment Group'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.

Kings Entertainment Group Change In Inventory Chart

Kings Entertainment Group Annual Data
Trend Dec20 Dec21 Dec22
Change In Inventory
0.00 0.00 0.00

Kings Entertainment Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Kings Entertainment Group 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of €0.00 Mil mean?
Kings Entertainment Group (FRA:L12) has a Change In Inventory of €0.00 Mil as of Sep. 2023. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Kings Entertainment Group and its competitors.
Is Kings Entertainment Group's Change In Inventory too high?
Kings Entertainment Group's current Change In Inventory is €0.00 Mil.
How does Kings Entertainment Group's Change In Inventory compare to DKNG and CHDN?
Kings Entertainment Group's Change In Inventory of €0.00 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Travel & Leisure company?
A good Change In Inventory depends on the Travel & Leisure industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Kings Entertainment Group and its competitors. Kings Entertainment Group's current Change In Inventory is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kings Entertainment Group stock overvalued right now?
Kings Entertainment Group (FRA:L12) has a current Change In Inventory of €0.00 Mil. The current Change In Inventory is €0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Kings Entertainment Group (FRA:L12), the current Change In Inventory is €0.00 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kings Entertainment Group Business Description

Address 1060 - 1055 West Georgia Street, Vancouver, BC, CAN, V6E 2E9
Kings Entertainment Group Inc is a business-to-consumer service provider that allows users to participate in lotteries and casino-style online games throughout the world. The company operates through multiple established brands and websites, which include www.wintrillions.com, www.trillionaire.com, and www.LottoKings.com. In addition to the lottery services, it offers a connected experience that enables users to play and switch with ease between scratch cards and casino games. The company has only one reportable segment, which is lottery procurement and online casino, and scratchcard. Geographically, it derives revenue from Mexico, Brazil, other Latin American countries, and other regions.