Drago Entertainment (WAR:DGE) Change In Inventory : zł-9.86 Mil (TTM As of Dec. 2023)

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What is Drago Entertainment Change In Inventory?

Drago Entertainment's change in inventory for the quarter that ended in Dec. 2023 was zł-1.89 Mil. It means Drago Entertainment's inventory increased by zł1.89 Mil from Sep. 2023 to Dec. 2023 .

Drago Entertainment's change in inventory for the fiscal year that ended in Dec. 2023 was zł-4.73 Mil. It means Drago Entertainment's inventory increased by zł4.73 Mil from Dec. 2022 to Dec. 2023 .

Drago Entertainment's Total Inventories for the quarter that ended in Dec. 2023 was zł8.39 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Drago Entertainment's Inventory Turnover for the quarter that ended in Dec. 2023 was -0.28.

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. Drago Entertainment's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 2.79.

Drago Entertainment Change In Inventory Historical Data

The historical data trend for Drago 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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Drago Entertainment Change In Inventory Chart

Drago Entertainment Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.40

-1.19

-1.06

-0.81

-4.73

Drago Entertainment Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial											-0.40	-0.83	-0.57	-6.58	-1.89

Drago 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was zł-9.86 Mil.

Drago Entertainment (WAR:DGE) Change In Inventory Explanation

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

Drago 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
	=	7.3665	/	-2.031	*	365 / 4
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-2.031	/	7.3665
	=	-0.28

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.3665	/	2.642
	=	2.79

Drago Entertainment Change In Inventory Related Terms

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Drago Entertainment (WAR:DGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Drago Entertainment SA (WAR:DGE) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

65M:Germany

Address

ul. Alba?ska 3, Krakow, POL, 30-662

Website

http://www.drago-entertainment.com

Drago Entertainment SA is a gaming company. The company has delivered great, innovative games such as Oil Tycoon 2, Cold Zero - The last Stand, Hell-Copter/Vulture. It is focused on creating and developing its own projects.

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