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Inventory
12 Months Ended
Dec. 31, 2021
Inventory Disclosure [Abstract]  
Inventory

 

4. Inventory

 

Inventory consists of the following:

 

   December 31,
2021
   December 31,
2020
 
   (in millions) 
Component parts  $10.8   $12.1 
Work in progress   1.6    1.7 
Finished goods   4.5    3.8 
Total inventories  $16.9   $17.6 

 

Component parts include parts for gaming terminals. Included in inventory are reserves for excess and slow-moving inventory of $2.0 million and $1.5 million as of December 31, 2021 and 2020, respectively. Our finished goods inventory primarily consists of gaming terminals which are ready for sale.

 

 

INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

AS OF DECEMBER 31, 2021 AND 2020, AND FOR THE YEARS ENDED

DECEMBER 31, 2021, 2020 AND 2019