Elray Resources (Elray Resources) Change In Inventory : $0.00 Mil (TTM As of Sep. 2018)

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What is Elray Resources Change In Inventory?

Elray Resources's change in inventory for the quarter that ended in Sep. 2018 was $0.00 Mil. It means Elray Resources's inventory stayed the same from Jun. 2018 to Sep. 2018 .

Elray Resources's change in inventory for the fiscal year that ended in Dec. 2017 was $0.00 Mil. It means Elray Resources's inventory stayed the same from Dec. 2016 to Dec. 2017 .

Elray Resources's Total Inventories for the quarter that ended in Sep. 2018 was $0.00 Mil.

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

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. Elray Resources's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 0.00.

Elray Resources Change In Inventory Historical Data

The historical data trend for Elray Resources's Change In Inventory 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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Elray Resources Change In Inventory Chart

Elray Resources Annual Data

Trend

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Change In Inventory

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Elray Resources Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Elray Resources Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Elray Resources (OTCPK:ELRA) Change In Inventory Explanation

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

Elray Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0	*	365 / 4
	=	N/A

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

Elray Resources's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

3. 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.

Elray Resources's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.09
	=	0.00

Elray Resources Change In Inventory Related Terms

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Elray Resources (Elray Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Elray Resources Inc (OTCPK:ELRA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103

Website

http://www.elraygaming.com

Elray Resources Inc is a company engaged in gambling activities. It provides marketing and support for online gaming operations. It has developed and acquired technology that provides marketing tools and customer relationship management systems for online gaming operators. Its software systems automatically decline and deny any gaming requests from within illegal gaming jurisdictions, including the United States, Hong Kong, Singapore, the United Kingdom, France, Italy, and Israel, and prevent any access to the products that it supports from any of these jurisdictions ensuring that residents of these countries cannot participate and are in strict compliance with the laws of these countries.

Executives

Anthony Brian Goodman

director, 10 percent owner, officer: President, CEO

3651 LINDELL RD STE D131, LAS VEGAS NV 89103

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