Devolver Digital (LSE:DEVO) Inventory Turnover : 0.00 (As of Jun. 2024)

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What is Devolver Digital 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. Devolver Digital's Cost of Goods Sold for the six months ended in Jun. 2024 was £28.55 Mil. Devolver Digital's Average Total Inventories for the quarter that ended in Jun. 2024 was £0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Devolver Digital's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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. Devolver Digital's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.00.

Devolver Digital Inventory Turnover Historical Data

The historical data trend for Devolver Digital'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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Devolver Digital Inventory Turnover Chart

Devolver Digital Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Devolver Digital Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial						-	-	-	-	-

Devolver Digital Inventory Turnover Calculation

Devolver Digital's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	53.592	/ (	(0	+	0)	/	1 )
=	53.592	/	0
=	N/A

Devolver Digital's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	28.553	/ (	(0	+	0)	/	1 )
=	28.553	/	0
=	N/A

Devolver Digital (LSE:DEVO) 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.

Devolver Digital's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	28.553	*	365 / 2
	=	0.00

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.

Devolver Digital's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	40.544
	=	0.00

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.

Devolver Digital Inventory Turnover Related Terms

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Devolver Digital Business Description

Industry

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Traded in Other Exchanges

8CO:Germany

Address

251 Little Falls Drive, Wilmington, New Castle County, DE, USA, 19808

Website

https://www.devolverdigital.com

Devolver Digital Inc is engaged in the business of developing video games. Some of its games include Cut the Lamb, Shadow Warrior 3, Terra Nil, Death's Door, Boomerang X, Wizard with Gun, Loop Hero, Olija, Serious Sam 4 and others.

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