NetEnt AB (OSTO:NET IL B.PFD) Inventory Turnover : 0.00 (As of Sep. 2020)

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What is NetEnt AB 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. NetEnt AB's Cost of Goods Sold for the three months ended in Sep. 2020 was kr0.00 Mil. NetEnt AB's Average Total Inventories for the quarter that ended in Sep. 2020 was kr0.00 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. NetEnt AB's Inventory-to-Revenue for the quarter that ended in Sep. 2020 was 0.00.

NetEnt AB Inventory Turnover Historical Data

The historical data trend for NetEnt AB'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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NetEnt AB Inventory Turnover Chart

NetEnt AB Annual Data

Trend

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Inventory Turnover

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NetEnt AB Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

NetEnt AB Inventory Turnover Calculation

NetEnt AB's Inventory Turnover for the fiscal year that ended in Dec. 2019 is calculated as

	Inventory Turnover (A: Dec. 2019 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2019 )	/ (	(Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

NetEnt AB's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

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

NetEnt AB (OSTO:NET IL B.PFD) 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.

NetEnt AB's Days Inventory for the three months ended in Sep. 2020 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2020 )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	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.

NetEnt AB's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2020 )	/	Revenue (Q: Sep. 2020 )
	=	0	/	510.44
	=	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.

NetEnt AB Inventory Turnover Related Terms

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NetEnt AB (OSTO:NET IL B.PFD) Business Description

Industry

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Address

Vasagatan 16, Stockholm, SWE, SE-111 20

Website

http://www.netent.com

NetEnt AB is a Swedish company that is involved in the entertainment business and primarily develops and sells casino systems and game applications. The company's gaming portfolio comprises various game categories, including video slots, the firm's most popular category; branded games; live casino; table games; video poker; lottery and other; mini games; and pooled jackpot games. NetEnt and its customers, which are casino operators, work according to a partnership model where gaming operators pay a monthly license fee to NetEnt calculated as a percentage of the game win generated by NetEnt's games. Outside Sweden, the firm has expanded across Europe, namely in Spain and the United Kingdom, as well as New Jersey in the United States.

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