Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

International Game Technology (IGT) had Inventory Turnover of 6.95 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$4.31B
Net Income	$156.00M
Cost of Goods Sold	$2.20B
Gross Profit	$2.11B
Operating Expenses	$3.31B
Operating Income	$1.00B
Non-Operating Income/Expense	$-372.00M
Pre-Tax Income	$629.00M
Normalized Pre-Tax Income	$629.00M
Income after Taxes	$307.00M
Income from Continuous Operations	$307.00M
Consolidated Net Income/Loss	$307.00M
Normalized Income after Taxes	$307.00M
EBIT	$1.00B
EBITDA	$1.73B
Weighted-Average Shares Outstanding (Basic)	200.00M
Weighted-Average Shares Outstanding (Diluted)	203.00M
Earnings per Share (EPS) (Basic)	$0.78
Earnings per Share (EPS) (Diluted)	$0.77
Balance Sheet Financials
Current Assets	$2.12B
Property, Plant, and Equipment	$119.00M
Long-Term Assets	$8.34B
Total Assets	$10.46B
Current Liabilities	$1.69B
Long-Term Debt	$5.66B
Long-Term Liabilities	$6.82B
Total Liabilities	$8.51B
Common Equity	$1.95B
Tangible Shareholders Equity	$-4.11B
Shareholders Equity	$1.95B
Common Shares Outstanding	200.48M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.04B
Cash Flow from Investing Activities	$-393.00M
Cash Flow from Financial Activities	$-638.00M
Beginning Cash	$740.00M
End Cash	$739.00M
Increase/Decrease in Cash	$-1.00M
Stock-Based Compensation	$41.00M
Common Stock Dividends Paid	$-318.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.26
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.74
Debt to Equity Ratio	2.91
Gross Margin	48.89%
Operating Margin	23.25%
EBIT Margin	23.25%
EBITDA Margin	40.02%
Pre-Tax Profit Margin	14.59%
Profit Margin	3.62%
Free Cash Flow	$657.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.41
Inventory Turnover	6.95
Receiveable Turnover	6.29
Days Sales in Receivables	58.01
Return on Equity	15.72%
Return on Tangible Equity	-7.47%
Return on Assets	2.93%
Return on Investments	4.04%
Book Value Per Share	$9.74
Free Cash Flow per Share	$3.24
Operating Cash Flow per Share	$5.12

Data from Zacks Investment Research, Inc.