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CZR (Caesars Entertainment) Inventory Turnover : 31.41 (As of Mar. 2025)


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What is Caesars Entertainment Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Caesars Entertainment's Cost of Goods Sold for the three months ended in Mar. 2025 was $1,382 Mil. Caesars Entertainment's Average Total Inventories for the quarter that ended in Mar. 2025 was $44 Mil. Caesars Entertainment's Inventory Turnover for the quarter that ended in Mar. 2025 was 31.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Caesars Entertainment's Days Inventory for the three months ended in Mar. 2025 was 2.91.

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. Caesars Entertainment's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.02.


Caesars Entertainment Inventory Turnover Historical Data

The historical data trend for Caesars Entertainment's Inventory Turnover 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.

Caesars Entertainment Inventory Turnover Chart

Caesars Entertainment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.55 108.07 106.95 102.76 119.10

Caesars Entertainment Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Inventory Turnover 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 29.91 29.71 30.80 31.73 31.41

Caesars Entertainment Inventory Turnover Calculation

Caesars Entertainment's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=5419 / ((46 + 45) / 2 )
=5419 / 45.5
=119.10

Caesars Entertainment's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=1382 / ((45 + 43) / 2 )
=1382 / 44
=31.41

* 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.


Caesars Entertainment  (NAS:CZR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Caesars Entertainment's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=44/1382*365 / 4
=2.91

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.

Caesars Entertainment's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=44 / 2794
=0.02

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Caesars Entertainment Inventory Turnover Related Terms

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Caesars Entertainment Business Description

Traded in Other Exchanges
Address
100 West Liberty Street, 12th Floor, Reno, NV, USA, 89501
Caesars Entertainment includes about 50 domestic gaming properties across the Las Vegas (49% of 2024 EBITDAR before corporate expenses) and regional (46%) markets. Additionally, the company hosts managed properties and digital assets that produced marginal EBITDA in 2024. Caesars' US presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the US portion of William Hill (it sold the international operation in 2022), a digital sports betting platform.
Executives
Don R Kornstein director DON R KORNSTEIN, 825 LAKESHORE BLVD, INCLINE VILLAGE NV 89451
David P Tomick director 100 REGENCY FOREST DR, SUITE 400, CARY NC 27511
Mather Courtney director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Bonnie Biumi director RETAIL PROPERTIES OF AMERICA, INC., 2021 SPRING ROAD, SUITE 200, OAK BROOK IL 60523
Michael E Pegram director PO BOX 285, BURLINGTON WA 98233
Stephanie Lepori officer: CAO & Chief Admin. Officer 100 WEST LIBERTY STREET, SUITE 1150, RENO NV 89501
Thomas Reeg director, officer: Chief Executive Officer 21 WATERWAY AVE, SUITE 150, THE WOODLANDS TX 77380
Sandra Douglass Morgan director 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204
Quatmann Edmund L Jr officer: See Remarks 600 EMERSON ROAD, SUITE 300, ST. LOUIS MO 63141
Josh Jones officer: Chief Marketing Officer 100 W. LIBERTY ST., 12TH FLOOR, RENO NV 89501
Gary L. Carano director, officer: Exec. Chairman of the Board 100 WEST LIBERTY STREET, 11TH FLOOR, RENO NV 89501
Anthony L. Carano officer: President and COO 100 WEST LIBERTY STREET, RENO NV 89501
Jones Blackhurst Janis L director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
James Larry Nelson director 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109