Best Inventory from 2010 to 2024

BBY Stock  USD 88.17  0.31  0.35%   
Best Buy Inventory yearly trend continues to be fairly stable with very little volatility. Inventory will likely drop to about 3.3 B in 2024. During the period from 2010 to 2024, Best Buy Inventory regression line of annual values had r-squared of  0.03 and arithmetic mean of  4,905,733,618. View All Fundamentals
 
Inventory  
First Reported
1986-01-31
Previous Quarter
5.2 B
Current Value
5.7 B
Quarterly Volatility
2.6 B
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Best Buy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Best Buy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 472.6 M, Interest Expense of 60.3 M or Selling General Administrative of 5.1 B, as well as many indicators such as Price To Sales Ratio of 0.0561, Dividend Yield of 0.0204 or PTB Ratio of 0.99. Best financial statements analysis is a perfect complement when working with Best Buy Valuation or Volatility modules.
  
Check out the analysis of Best Buy Correlation against competitors.

Latest Best Buy's Inventory Growth Pattern

Below is the plot of the Inventory of Best Buy Co over the last few years. It is Best Buy's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Best Buy's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Pretty Stable
   Inventory   
       Timeline  

Best Inventory Regression Statistics

Arithmetic Mean4,905,733,618
Geometric Mean3,631,998,762
Coefficient Of Variation30.91
Mean Deviation866,826,211
Median5,174,000,000
Standard Deviation1,516,300,904
Sample Variance2299168.4T
Range6.5B
R-Value0.17
Mean Square Error2407443.1T
R-Squared0.03
Significance0.55
Slope56,429,392
Total Sum of Squares32188358T

Best Inventory History

20243.3 B
2023B
20225.1 B
2021B
20205.6 B
20185.4 B
20175.2 B

Other Fundumenentals of Best Buy

About Best Buy Financial Statements

Best Buy investors use historical fundamental indicators, such as Best Buy's Inventory, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Best Buy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
InventoryB3.3 B
Change To Inventory178 M186.9 M
Inventory Turnover 6.83  5.87 
Days Of Inventory On Hand 53.46  62.18 
Days Of Inventory Outstanding 53.46  62.18 

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Additional Tools for Best Stock Analysis

When running Best Buy's price analysis, check to measure Best Buy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Best Buy is operating at the current time. Most of Best Buy's value examination focuses on studying past and present price action to predict the probability of Best Buy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Best Buy's price. Additionally, you may evaluate how the addition of Best Buy to your portfolios can decrease your overall portfolio volatility.