Cars Inventory Turnover from 2010 to 2024

CARS Stock  USD 18.78  0.56  2.90%   
Cars Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 9.99 in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
12.35
Current Value
9.99
Quarterly Volatility
4.09382333
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cars financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cars' main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.1 M, Interest Expense of 21.5 M or Selling General Administrative of 114.9 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.18 or PTB Ratio of 2.7. Cars financial statements analysis is a perfect complement when working with Cars Valuation or Volatility modules.
  
Check out the analysis of Cars Correlation against competitors.

Latest Cars' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Cars Inc over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Cars' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cars' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Cars Inventory Turnover Regression Statistics

Arithmetic Mean9.17
Geometric Mean8.37
Coefficient Of Variation44.66
Mean Deviation3.65
Median5.75
Standard Deviation4.09
Sample Variance16.76
Range9.8974
R-Value0.77
Mean Square Error7.31
R-Squared0.59
Significance0.0008
Slope0.71
Total Sum of Squares234.63

Cars Inventory Turnover History

2024 9.99
2023 12.35
2022 13.72
2021 14.62
2020 15.64
2019 15.25
2018 9.97

About Cars Financial Statements

Cars shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Cars investors may analyze each financial statement separately, they are all interrelated. The changes in Cars' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cars' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 12.35  9.99 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Cars Stock Analysis

When running Cars' price analysis, check to measure Cars' 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 Cars is operating at the current time. Most of Cars' value examination focuses on studying past and present price action to predict the probability of Cars' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cars' price. Additionally, you may evaluate how the addition of Cars to your portfolios can decrease your overall portfolio volatility.