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Wynn Resorts (MEX:WYNN) Days Inventory : 6.66 (As of Sep. 2024)


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What is Wynn Resorts Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wynn Resorts's Average Total Inventories for the three months ended in Sep. 2024 was MXN1,404 Mil. Wynn Resorts's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN19,242 Mil. Hence, Wynn Resorts's Days Inventory for the three months ended in Sep. 2024 was 6.66.

The historical rank and industry rank for Wynn Resorts's Days Inventory or its related term are showing as below:

MEX:WYNN' s Days Inventory Range Over the Past 10 Years
Min: 6.18   Med: 8.91   Max: 16.21
Current: 6.76

During the past 13 years, Wynn Resorts's highest Days Inventory was 16.21. The lowest was 6.18. And the median was 8.91.

MEX:WYNN's Days Inventory is ranked better than
76.67% of 673 companies
in the Travel & Leisure industry
Industry Median: 33.57 vs MEX:WYNN: 6.76

Wynn Resorts's Days Inventory declined from Sep. 2023 (6.90) to Sep. 2024 (6.66).

Inventory Turnover measures how fast the company turns over its inventory within a year. Wynn Resorts's Inventory Turnover for the three months ended in Sep. 2024 was 13.70.

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. Wynn Resorts's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.04.


Wynn Resorts Days Inventory Historical Data

The historical data trend for Wynn Resorts'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.

* Premium members only.

Wynn Resorts Days Inventory Chart

Wynn Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.08 15.73 9.58 10.97 7.68

Wynn Resorts Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.90 6.80 6.66 6.47 6.66

Competitive Comparison of Wynn Resorts's Days Inventory

For the Resorts & Casinos subindustry, Wynn Resorts'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.


Wynn Resorts's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Wynn Resorts's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wynn Resorts's Days Inventory falls into.



Wynn Resorts Days Inventory Calculation

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

Wynn Resorts's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1366.553 + 1282.438) / 2 ) / 62950.069*365
=1324.4955 / 62950.069*365
=7.68

Wynn Resorts's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1321.832 + 1486.204) / 2 ) / 19241.676*365 / 4
=1404.018 / 19241.676*365 / 4
=6.66

* 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.


Wynn Resorts  (MEX:WYNN) 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.

Wynn Resorts'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.

Wynn Resorts'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.


Wynn Resorts Days Inventory Related Terms

Thank you for viewing the detailed overview of Wynn Resorts's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Wynn Resorts Business Description

Address
3131 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to continue to build nongaming attractions in Macao over the next few years. We model Wynn's managed integrated resort in the United Arab Emirates to open in 2027. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and the US, respectively.