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. PlayAGS's Average Total Inventories for the quarter that ended in Mar. 2024 was $36.3 Mil. PlayAGS's Revenue for the
three
months ended in Mar. 2024 was $96.0 Mil.
PlayAGS's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.38.
PlayAGS's Inventory-to-Revenue for the quarter that ended in Mar. 2024
declined
from Dec. 2023 (0.39) to Dec. 2023 (0.38)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
PlayAGS's Days Inventory for the
three
months ended in Mar. 2024 was 119.50.
Inventory Turnover measures how fast the company turns over its inventory within a year.
PlayAGS's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.76.
PlayAGS Inventory-to-Revenue Historical Data
The historical data trend for PlayAGS's Inventory-to-Revenue 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.
Competitive Comparison of PlayAGS's Inventory-to-Revenue
For the Gambling subindustry, PlayAGS's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PlayAGS's Inventory-to-Revenue Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, PlayAGS's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where PlayAGS's Inventory-to-Revenue falls into.
PlayAGS Inventory-to-Revenue Calculation
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.
PlayAGS's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
PlayAGS's Days Inventory for the
three
months ended in Mar. 2024 is calculated as:
* 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.
PlayAGS Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of PlayAGS's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
PlayAGS Inc is a designer and supplier of gaming products and services for the gaming industry. The company mainly supplies electronic gaming machines (EGM), server-based systems and back-office systems which are used by casinos, and various gaming locations. Its operating segments are EGM, Table Products, and Interactive. The EGM segment offers a selection of video slot titles developed for the global marketplace as well as EGM cabinets. Its Table Products segments include live proprietary table games and side bets, as well as ancillary table products. The Interactive segment consists of delivering games through mobile apps such as Lucky Play Casino and Vegas Fever. It earns a majority of its revenue from the Electronic Gaming Machines segment and geographically from the United States.
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