International Inventory Turnover from 2010 to 2024

IGT Stock  USD 19.23  0.10  0.52%   
International Game Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 6.60 in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
6.94952681
Current Value
6.6
Quarterly Volatility
126.44557662
 
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Yuan Drop
 
Covid
Check International Game financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among International Game's main balance sheet or income statement drivers, such as Depreciation And Amortization of 560.3 M, Interest Expense of 283 M or Selling General Administrative of 557.3 M, as well as many indicators such as Price To Sales Ratio of 1.88, Dividend Yield of 0.0553 or PTB Ratio of 2.99. International financial statements analysis is a perfect complement when working with International Game Valuation or Volatility modules.
  
Check out the analysis of International Game Correlation against competitors.

Latest International Game's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of International Game Technology over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. International Game's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in International Game's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

International Inventory Turnover Regression Statistics

Arithmetic Mean44.08
Geometric Mean14.22
Coefficient Of Variation286.83
Mean Deviation60.92
Median11.64
Standard Deviation126.45
Sample Variance15,988
Range494
R-Value(0.45)
Mean Square Error13,793
R-Squared0.20
Significance0.1
Slope(12.61)
Total Sum of Squares223,839

International Inventory Turnover History

2024 6.6
2023 6.95
2022 8.74
2021 11.64
2020 11.7
2019 18.13
2018 10.4

About International Game Financial Statements

International Game shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although International Game investors may analyze each financial statement separately, they are all interrelated. The changes in International Game's assets and liabilities, for example, are also reflected in the revenues and expenses on on International Game's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 6.95  6.60 

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Additional Tools for International Stock Analysis

When running International Game's price analysis, check to measure International Game's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Game is operating at the current time. Most of International Game's value examination focuses on studying past and present price action to predict the probability of International Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Game's price. Additionally, you may evaluate how the addition of International Game to your portfolios can decrease your overall portfolio volatility.