Six Flags Entertainment (STU:6FE) Change In Inventory : €-12 Mil (TTM As of Mar. 2024)

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What is Six Flags Entertainment Change In Inventory?

Six Flags Entertainment's change in inventory for the quarter that ended in Mar. 2024 was €-27 Mil. It means Six Flags Entertainment's inventory increased by €27 Mil from Dec. 2023 to Mar. 2024 .

Six Flags Entertainment's change in inventory for the fiscal year that ended in Dec. 2023 was €-3 Mil. It means Six Flags Entertainment's inventory increased by €3 Mil from Dec. 2022 to Dec. 2023 .

Six Flags Entertainment's Total Inventories for the quarter that ended in Mar. 2024 was €36 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Six Flags Entertainment's Days Inventory for the quarter that ended in Mar. 2024 was 290.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Six Flags Entertainment's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.31.

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. Six Flags Entertainment's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.27.

Six Flags Entertainment Change In Inventory Historical Data

The historical data trend for Six Flags Entertainment'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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Six Flags Entertainment Change In Inventory Chart

Six Flags Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-13.24

-15.99

25.90

-27.24

-2.55

Six Flags Entertainment Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-17.44	-6.28	13.44	7.66	-27.24

Six Flags Entertainment 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-12 Mil.

Six Flags Entertainment (STU:6FE) Change In Inventory Explanation

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

Six Flags Entertainment's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	32.526	/	10.233	*	365 / 4
	=	290.04

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

Six Flags Entertainment's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.233	/	32.526
	=	0.31

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.

Six Flags Entertainment's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	32.526	/	122.628
	=	0.27

Six Flags Entertainment Change In Inventory Related Terms

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Six Flags Entertainment (STU:6FE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Six Flags Entertainment Corp (STU:6FE) » Definitions » Change In Inventory

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Traded in Other Exchanges

SIX:USA 6FE:Germany S2IX34:Brazil

Address

1000 Ballpark Way, Suite 400, Arlington, TX, USA, 76011

Website

https://www.sixflags.com

Six Flags Entertainment Corp owns and operate regional theme parks and water parks. The company operates around 27 theme parks and waterparks, 24 are located in the United States, two are located in Mexico and one is located in Montreal, Canada. The parks generally offer various rides, water attractions, themed areas, concerts, restaurants, game venues, and merchandise outlets.

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