Bingo Nation (Bingo Nation) Inventory Turnover : 0.00 (As of Dec. 2016)

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What is Bingo Nation Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Bingo Nation's Cost of Goods Sold for the three months ended in Dec. 2016 was $0.00 Mil. Bingo Nation's Average Total Inventories for the quarter that ended in Dec. 2016 was $0.00 Mil.

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

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.

Bingo Nation Inventory Turnover Historical Data

The historical data trend for Bingo Nation's Inventory Turnover 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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Bingo Nation Inventory Turnover Chart

Bingo Nation Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Inventory Turnover

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Bingo Nation Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Bingo Nation Inventory Turnover Calculation

Bingo Nation's Inventory Turnover for the fiscal year that ended in Mar. 2016 is calculated as

	Inventory Turnover (A: Mar. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Mar. 2016 )	/ (	(Total Inventories (A: Mar. 2015 )	+	Total Inventories (A: Mar. 2016 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Bingo Nation's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

	Inventory Turnover (Q: Dec. 2016 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2016 )	/ (	(Total Inventories (Q: Sep. 2016 )	+	Total Inventories (Q: Dec. 2016 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Bingo Nation (GREY:BLTO) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Bingo Nation's Days Inventory for the three months ended in Dec. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2016 )	/	Cost of Goods Sold (Q: Dec. 2016 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Bingo Nation's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2016 )	/	Revenue (Q: Dec. 2016 )
	=	0	/	0
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Bingo Nation Inventory Turnover Related Terms

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Bingo Nation (Bingo Nation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bingo Nation Inc (GREY:BLTO) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

6440 Sky Pointe Drive, Suite 140/149, Las Vegas, NV, USA, 89131

Website

http://www.bingonation.tv

Bingo Nation Inc is a United States based entity specialized in tribal gaming, freemium marketing, lottery and interactive technology-based products. The company's portfolio includes proxy-player tribal gaming management, interactive advertising, and game sales via self-serve kiosks, smartphones, and tracking via secure cloud-based customer accounting systems.

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