Light & Wonder Inc (LNW)
Inventory turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 2,052,000 | 1,140,000 | 1,110,000 | 1,111,000 | 1,119,000 | 1,117,000 | 1,119,000 | 1,102,000 | 1,103,000 | 987,000 | 978,000 | 992,000 | 984,000 | 977,000 | 985,000 | 919,000 | 1,023,000 | 1,199,000 | 1,517,000 | 1,872,000 |
| Inventory | US$ in thousands | 158,000 | 183,000 | 186,000 | 175,000 | 177,000 | 183,000 | 183,000 | 172,000 | 161,000 | 137,000 | 129,000 | 113,000 | 98,000 | 105,000 | 184,000 | 191,000 | 119,000 | 223,000 | 233,000 | 248,000 |
| Inventory turnover | 12.99 | 6.23 | 5.97 | 6.35 | 6.32 | 6.10 | 6.11 | 6.41 | 6.85 | 7.20 | 7.58 | 8.78 | 10.04 | 9.30 | 5.35 | 4.81 | 8.60 | 5.38 | 6.51 | 7.55 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $2,052,000K ÷ $158,000K
= 12.99
Light & Wonder Inc's inventory turnover has displayed fluctuations over the analyzed periods. The inventory turnover ratio measures how efficiently a company manages its inventory. A higher turnover ratio indicates that the company is selling inventory quickly and efficiently.
Based on the data provided, the inventory turnover ratio ranged from a low of 4.81 on March 31, 2021, to a high of 12.99 on December 31, 2024. The ratio showed a decreasing trend from March 2023 to September 2023, reaching a low of 6.10, before slightly increasing in the following quarter.
The highest inventory turnover was recorded on December 31, 2024, at 12.99, indicating that Light & Wonder Inc was able to sell its inventory almost 13 times during that period. This suggests that the company effectively managed its inventory levels and turned them into sales efficiently.
Overall, fluctuations in the inventory turnover ratio may reflect changes in sales volume, inventory management practices, or market conditions. It is essential for Light & Wonder Inc to continue monitoring its inventory turnover to ensure optimal efficiency in managing its inventory levels.
Peer comparison
Dec 31, 2024
Dec 31, 2024