GMVHY (Entain) Total Inventories : $0 Mil (As of Jun. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Entain Total Inventories?

Entain's total inventories for the quarter that ended in Jun. 2024 was $0 Mil. Entain's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was $0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Entain's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-15.30.

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

Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Entain Total Inventories Historical Data

The historical data trend for Entain's Total Inventories 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.

* Premium members only.

Entain Total Inventories Chart

Entain Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

Entain Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Entain Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Entain (OTCPK:GMVHY) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Entain's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(897.837	+	0.75 * 651.527	+	0.5 * 0	-	10515.522
-	0	-	645.674)	/	638.958
=	-15.30

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

Entain'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	/	1254.072	*	365 / 2
	=	0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	1254.072	/	0
	=	N/A

4. 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.

Entain'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	/	3206.489
	=	0.00

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Entain Total Inventories Related Terms

Thank you for viewing the detailed overview of Entain's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Entain Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Entain PLC (OTCPK:GMVHY) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

GMVHF:USA ENTl:UK ENT:UK 6GI:Germany GVC:Austria

Address

25 Charterhouse Square, London, GBR, EC1M 6AE

Website

https://www.entaingroup.com

Entain PLC is an international sports betting and gaming company operating both online and in the retail sector. It has five reportable segments; Online comprises betting and gaming activities from online and mobile operations, Retail comprises betting and retail activities in the shop estates in Great Britain, Northern Ireland, Jersey, Republic of Ireland, Belgium, Italy, and Croatia, New opportunities unikrn and innovation spend, Corporate includes costs associated with Group functions including Group executive, legal, Group finance, United States joint venture, tax and treasury, and Other segments includes activities related to telephone betting, Stadia and on course pitches. Geographically, the company generates a majority of its revenue from the United Kingdom.