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International Game Technology (STU:7IG) Days Inventory : 62.33 (As of Sep. 2024)


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What is International Game Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). International Game Technology's Average Total Inventories for the three months ended in Sep. 2024 was €199 Mil. International Game Technology's Cost of Goods Sold for the three months ended in Sep. 2024 was €292 Mil. Hence, International Game Technology's Days Inventory for the three months ended in Sep. 2024 was 62.33.

The historical rank and industry rank for International Game Technology's Days Inventory or its related term are showing as below:

STU:7IG' s Days Inventory Range Over the Past 10 Years
Min: 28.07   Med: 35.29   Max: 48.56
Current: 38.47

During the past 13 years, International Game Technology's highest Days Inventory was 48.56. The lowest was 28.07. And the median was 35.29.

STU:7IG's Days Inventory is ranked worse than
51.86% of 673 companies
in the Travel & Leisure industry
Industry Median: 33.57 vs STU:7IG: 38.47

International Game Technology's Days Inventory declined from Sep. 2023 (89.59) to Sep. 2024 (62.33).

Inventory Turnover measures how fast the company turns over its inventory within a year. International Game Technology's Inventory Turnover for the three months ended in Sep. 2024 was 1.46.

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. International Game Technology's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.38.


International Game Technology Days Inventory Historical Data

The historical data trend for International Game Technology'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.

International Game Technology Days Inventory Chart

International Game Technology 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 34.22 31.90 29.12 34.91 47.92

International Game Technology 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 89.59 23.62 54.83 52.95 62.33

Competitive Comparison of International Game Technology's Days Inventory

For the Gambling subindustry, International Game Technology'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.


International Game Technology's Days Inventory Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where International Game Technology's Days Inventory falls into.



International Game Technology Days Inventory Calculation

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

International Game Technology'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
=( (239.776 + 290.689) / 2 ) / 2020.151*365
=265.2325 / 2020.151*365
=47.92

International Game Technology'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
=( (287.99 + 110.823) / 2 ) / 291.924*365 / 4
=199.4065 / 291.924*365 / 4
=62.33

* 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.


International Game Technology  (STU:7IG) 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.

International Game Technology'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.

International Game Technology'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.


International Game Technology Days Inventory Related Terms

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


International Game Technology Business Description

Traded in Other Exchanges
Address
10 Finsbury Square, Third Floor, London, GBR, EC2A 1AF
International Game Technology PLC is a gaming company that delivers entertaining and responsible gaming experiences for players across all channels. The company's operating segments include Global Lottery, Global Gaming, and PlayDigital. It generates maximum revenue from the Global Lottery segment. Global Lottery segment provides lottery products and services to governmental organizations through operating contracts, facilities management contracts, lottery management agreements, and product sales contracts. Geographically, it derives a majority of revenue from the United States.

International Game Technology Headlines

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