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Galaxy Gaming (Galaxy Gaming) Total Inventories : $0.00 Mil (As of Mar. 2024)


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What is Galaxy Gaming Total Inventories?

Galaxy Gaming's total inventories for the quarter that ended in Mar. 2024 was $0.00 Mil. Galaxy Gaming's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Galaxy Gaming's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-1.52.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Galaxy Gaming's Days Inventory for the three months ended in Mar. 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. Galaxy Gaming's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.


Galaxy Gaming Total Inventories Historical Data

The historical data trend for Galaxy Gaming'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.

Galaxy Gaming Total Inventories Chart

Galaxy Gaming Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.67 0.77 - -

Galaxy Gaming Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Galaxy Gaming 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.


Galaxy Gaming  (OTCPK:GLXZ) 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.

Galaxy Gaming's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(17.487+0.75 * 4.005+0.5 * 0-58.357
-0-0)/24.9107
=-1.52

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

Galaxy Gaming'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
=0/0.406*365 / 4
=0.00

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=0.406 / 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.

Galaxy Gaming'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 )
=0 / 8.001
=0.00

* 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

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.


Galaxy Gaming Total Inventories Related Terms

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Galaxy Gaming (Galaxy Gaming) Business Description

Traded in Other Exchanges
N/A
Address
6480 Cameron Street, Suite 305, Las Vegas, NV, USA, 89118
Galaxy Gaming Inc develops, acquires, assembles, and markets technology and entertainment-based products and services for the gaming industry for placement on casino floors and on legal internet gaming sites. Its products and services are related to licensed casino operators' table game activities and focus on either increasing profitability, productivity, and security or expanding gaming entertainment offerings in the form of proprietary table games, electronically enhanced table game platforms, and fully automated electronic tables and other ancillary equipment. In addition, it licenses intellectual property to legal internet gaming operators. Its products are assembled at headquarters in Las Vegas, Nevada, as well as outsourced for certain sub-assemblies in the United States.
Executives
Hagerty Harry C Iii officer: CFO 6767 SPENCER STREET, LAS VEGAS NV 89119
Meredith B. Brill director 52 HILLHURST BLVD, TORONTO A6 M5N 1N6
Cheryl Kondra director 6480 CAMERON STREET, SUITE 305, LAS VEGAS NV 89118
Mark A Lipparelli director 6595 S JONES BLVD, LAS VEGAS, NV, USA NV 89118
Todd P Cravens officer: CEO 6767 SPENCER STREET, LAS VEGAS NV 89119
Michael Gavin Isaacs director BALLY TECHNOLOGIES, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
William A Zender director 296 DOE RUN CIRCLE, HENDERSON NV 89012
Bryan W. Waters director 240 MONTE VISTA RIDGE ROAD, ORINDA CA 94563
Norman H Desrosiers director 6987 VINNEDGE LANE, #119, HIGHLAND NV 92346
Triangulum Partners, Llc. 10 percent owner 6767 SPENCER ST, LAS VEGAS NV 89119
Robert B. Saucier director, 10 percent owner, officer: CEO, CFO 6980 O'BANNON DRIVE, LAS VEGAS NV 89117
Gary Anthony Vecchiarelli officer: Chief Financial Officer 6980 OBANNON DRIVE, LAS VEGAS NV 89117
Alixandra Saucier Regulatory Trust other: Affiliated Trust 698O O'BANNON DRIVE, LAS VEGAS NV 89117
William E O'hara officer: COO 6980 O'BANNON DRIVE, LAS VEGAS NV 89117
Patrick Mcnevin director 5205 E. LINCOLN DR., PARADISE VALLEY AZ 85253

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