Melco Resorts and Entertainment (MEX:MLCO) Change In Inventory : MXN0 Mil (TTM As of Sep. 2024)

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What is Melco Resorts and Entertainment Change In Inventory?

Melco Resorts and Entertainment's change in inventory for the quarter that ended in Sep. 2024 was MXN0 Mil. It means Melco Resorts and Entertainment's inventory stayed the same from Jun. 2024 to Sep. 2024 .

Melco Resorts and Entertainment's change in inventory for the fiscal year that ended in Dec. 2023 was MXN342 Mil. It means Melco Resorts and Entertainment's inventory declined by MXN342 Mil from Dec. 2022 to Dec. 2023 .

Melco Resorts and Entertainment's Total Inventories for the quarter that ended in Sep. 2024 was MXN630 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Melco Resorts and Entertainment's Days Inventory for the quarter that ended in Sep. 2024 was 3.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Melco Resorts and Entertainment's Inventory Turnover for the quarter that ended in Sep. 2024 was 24.31.

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. Melco Resorts and Entertainment's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.03.

Melco Resorts and Entertainment Change In Inventory Historical Data

The historical data trend for Melco Resorts and Entertainment'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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Melco Resorts and Entertainment Change In Inventory Chart

Melco Resorts and Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-11.18

-43.50

330.97

81.63

342.47

Melco Resorts and Entertainment Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Melco Resorts and Entertainment 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN0 Mil.

Melco Resorts and Entertainment (MEX:MLCO) Change In Inventory Explanation

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

Melco Resorts and Entertainment's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	601.363	/	14619.024	*	365 / 4
	=	3.75

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

Melco Resorts and Entertainment's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14619.024	/	601.363
	=	24.31

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.

Melco Resorts and Entertainment's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	601.363	/	23138.721
	=	0.03

Melco Resorts and Entertainment Change In Inventory Related Terms

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Melco Resorts and Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melco Resorts and Entertainment Ltd (MEX:MLCO) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MLCO:USA MAS:Germany M1LC34:Brazil

Address

60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG

Website

https://www.melco-resorts.com

Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 82.5% from Macao with the rest largely from the Philippines as of first-half 2024.