The historical rank and industry rank for Caesars Entertainment's Days Inventory or its related term are showing as below:
CZR'
s Days Inventory Range Over the Past 10 Years
Min: 3.01 Med: 6.09 Max: 8.37
Current: 3.01
During the past 12 years, Caesars Entertainment's highest Days Inventory was 8.37. The lowest was 3.01. And the median was 6.09.
CZR's Days Inventory is ranked better than 89.45% of 673
companies
in the Travel & Leisure industry
Industry Median: 33.57
vs CZR: 3.01
Caesars Entertainment's Days Inventory
declined
from Sep. 2023 (3.29) to Sep. 2024 (2.96).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Caesars Entertainment's Inventory Turnover for the
three
months ended in Sep. 2024 was 30.80.
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.
Caesars Entertainment's Inventory-to-Revenue for the
three
months ended in Sep. 2024 was 0.02.
Caesars Entertainment Days Inventory Historical Data
The historical data trend for Caesars Entertainment's Days 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.
Competitive Comparison of Caesars Entertainment's Days Inventory
For the Resorts & Casinos subindustry, Caesars Entertainment's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Caesars Entertainment's Days Inventory Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Caesars Entertainment's Days Inventory distribution charts can be found below:
* The bar in red indicates where Caesars Entertainment's Days Inventory falls into.
Caesars Entertainment Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Caesars Entertainment's Days Inventory for the fiscal year 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.
Caesars Entertainment (NAS:CZR) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Caesars Entertainment's Inventory Turnover for the
three
months ended in Sep. 2024 is calculated as
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.
Caesars Entertainment's Inventory to Revenue for the
three
months ended in Sep. 2024 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Caesars Entertainment Days Inventory Related Terms
Thank you for viewing the detailed overview of Caesars Entertainment's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Caesars Entertainment includes about 50 domestic gaming properties across Las Vegas (49% of 2023 EBITDAR before corporate expenses) and regional (48%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced marginal EBITDA in 2023. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
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