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NTN Buzztime (NTN Buzztime) Inventory Turnover : 0.00 (As of Dec. 2020)


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What is NTN Buzztime 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. NTN Buzztime's Cost of Goods Sold for the three months ended in Dec. 2020 was $0.54 Mil. NTN Buzztime's Average Total Inventories for the quarter that ended in Dec. 2020 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NTN Buzztime's Days Inventory for the three months ended in Dec. 2020 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. NTN Buzztime's Inventory-to-Revenue for the quarter that ended in Dec. 2020 was 0.00.


NTN Buzztime Inventory Turnover Historical Data

The historical data trend for NTN Buzztime'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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NTN Buzztime Inventory Turnover Chart

NTN Buzztime Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Inventory Turnover
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NTN Buzztime Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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NTN Buzztime Inventory Turnover Calculation

NTN Buzztime's Inventory Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Inventory Turnover (A: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2020 ) / ((Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count )
=2.907 / ((0 + 0) / 1 )
=2.907 / 0
=N/A

NTN Buzztime's Inventory Turnover for the quarter that ended in Dec. 2020 is calculated as

Inventory Turnover (Q: Dec. 2020 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2020 ) / ((Total Inventories (Q: Sep. 2020 ) + Total Inventories (Q: Dec. 2020 )) / count )
=0.543 / ((0 + 0) / 1 )
=0.543 / 0
=N/A

* 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.


NTN Buzztime  (AMEX:NTN) 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.

NTN Buzztime's Days Inventory for the three months ended in Dec. 2020 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2020 )/Cost of Goods Sold (Q: Dec. 2020 )*Days in Period
=0/0.543*365 / 4
=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.

NTN Buzztime's Inventory to Revenue for the quarter that ended in Dec. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=0 / 1.175
=0.00

* 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

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.


NTN Buzztime Inventory Turnover Related Terms

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NTN Buzztime (NTN Buzztime) Business Description

Traded in Other Exchanges
N/A
Address
1800 Aston Avenue, Suite 100, Carlsbad, CA, USA, 92008
NTN Buzztime Inc delivers interactive entertainment and innovative dining technology to bars and restaurants in North America. It licenses its customizable solution that offers guests trivia, card, sports and single player games, nationwide competitions, and by offering self-service dining features including dynamic menus, touchscreen ordering, and secure payment. The company offers Buzztime Entertainment On Demand (BEOND), a tablet platform. It generates revenue by charging subscription fees for its service to its network subscribers, by leasing equipment to certain network subscribers, by hosting live trivia events, by selling advertising aired on in-venue screens and as part of customized games and by pay-to-play single player games.
Executives
Sandra M Gurrola officer: SVP of Finance 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008
Allen Wolff director, officer: CEO 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008
Robert S Ellin 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Jeffrey Alan Berg 10 percent owner 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Richard Isaac Simtob director 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008
Michael Gottlieb director 1800 ASTON AVE., SUITE 100, CARLSBAD CA 92008
Susan Elaine Miller director 1800 ASTON AVE., SUITE 100, CARLSBAD CA 92008
Ram Krishnan director, officer: CEO 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008
Steve Mitgang director 5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Paul Yanover director 2725 LAUREL PASS, LOS ANGELES CA 90046
Gregory Matthew Thomas director 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Tony Uphoff director 2231 RUTHERFORD RD, STE. 200, CARLSBAD CA 92008
Mary Beth Lewis director 5966 LA PLACE COURT, #100, CARLSBAD CA 92008
Dave Brian Miller officer: SVP Marketing 2231 RUTHERFORD ROAD, SUITE 200, CARLSBAD CA 92008