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DoubleDown Interactive Co (FRA:DDI) Days Inventory : 0.00 (As of Mar. 2024)


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What is DoubleDown Interactive Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DoubleDown Interactive Co's Average Total Inventories for the three months ended in Mar. 2024 was €0.0 Mil. DoubleDown Interactive Co's Cost of Goods Sold for the three months ended in Mar. 2024 was €25.2 Mil. Hence, DoubleDown Interactive Co's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for DoubleDown Interactive Co's Days Inventory or its related term are showing as below:

FRA:DDI's Days Inventory is not ranked *
in the Interactive Media industry.
Industry Median: 16.98
* Ranked among companies with meaningful Days Inventory only.

DoubleDown Interactive Co's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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. DoubleDown Interactive Co's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


DoubleDown Interactive Co Days Inventory Historical Data

The historical data trend for DoubleDown Interactive Co's Days 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.

* Premium members only.

DoubleDown Interactive Co Days Inventory Chart

DoubleDown Interactive Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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DoubleDown Interactive Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of DoubleDown Interactive Co's Days Inventory

For the Electronic Gaming & Multimedia subindustry, DoubleDown Interactive Co's Days Inventory, along with its competitors' market caps and Days Inventory 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.


DoubleDown Interactive Co's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, DoubleDown Interactive Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where DoubleDown Interactive Co's Days Inventory falls into.



DoubleDown Interactive Co Days Inventory Calculation

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

DoubleDown Interactive Co's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 90.846*365
=0 / 90.846*365
=0.00

DoubleDown Interactive Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 25.184*365 / 4
=0 / 25.184*365 / 4
=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.


DoubleDown Interactive Co  (FRA:DDI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

DoubleDown Interactive Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. 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.

DoubleDown Interactive Co's Inventory to Revenue 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


DoubleDown Interactive Co Days Inventory Related Terms

Thank you for viewing the detailed overview of DoubleDown Interactive Co's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


DoubleDown Interactive Co (FRA:DDI) Business Description

Traded in Other Exchanges
Address
152, Teheran-ro Gangnam-gu, Gangnam Finance Center, 13th Floor, Seoul, KOR, 06236
DoubleDown Interactive Co Ltd is a developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multi-format interactive entertainment experiences for casual players. Its market opportunity includes casual gaming globally, which includes slots, puzzles, cards, match three, and other similar games. Within the social casino segment of casual gaming, which includes free-to-play online slots, poker, table games, and bingo. Other games developed by the company are DoubleDown Fort, DoubleDown Classic, and Ellen's Road to Riches. The company has a presence in the international market, and it derives a majority of its revenue from the United States of America.