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Demolish Games (WAR:DGS) Inventory Turnover : -0.07 (As of Mar. 2024)


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What is Demolish Games 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. Demolish Games's Cost of Goods Sold for the three months ended in Mar. 2024 was zł-0.13 Mil. Demolish Games's Average Total Inventories for the quarter that ended in Mar. 2024 was zł1.82 Mil. Demolish Games's Inventory Turnover for the quarter that ended in Mar. 2024 was -0.07.

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. Demolish Games's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 37.86.

Demolish Games Inventory Turnover Historical Data

The historical data trend for Demolish Games'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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Demolish Games Inventory Turnover Chart

Demolish Games Annual Data
Trend Dec21 Dec22 Dec23
Inventory Turnover
-0.38 -0.42 -0.32

Demolish Games Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.06 -0.06 -0.10 -0.07

Demolish Games Inventory Turnover Calculation

Demolish Games'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 )
=-0.495 / ((1.294 + 1.754) / 2 )
=-0.495 / 1.524
=-0.32

Demolish Games's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover (Q: Mar. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count )
=-0.128 / ((1.754 + 1.881) / 2 )
=-0.128 / 1.8175
=-0.07

* 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.

Demolish Games  (WAR:DGS) 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.

Demolish Games's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1.8175/-0.128*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.

Demolish Games's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=1.8175 / 0.048
=37.86

* 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.

Demolish Games Inventory Turnover Related Terms

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Demolish Games (WAR:DGS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Demolish Games SA (WAR:DGS) » Definitions » Inventory Turnover
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Traded in Other Exchanges
N/A
Address
Street Marsza?kowska, No. 87, lok.102, Warsaw, POL, 00-693
Website
https://www.demolish-games.com
Demolish Games SA is a Polish based company engaged in the production and publishing of computer games, mainly in the genre of simulation games. The main asset of the company is the Demolish & Build series , in which the player is the owner of a construction company focusing on demolitions.