Cars Inventory Turnover from 2010 to 2024
CARS Stock | USD 18.78 0.56 2.90% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 12.35 | Current Value 9.99 | Quarterly Volatility 4.09382333 |
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.
Cars | Inventory Turnover |
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 Turnover | 10 Years Trend |
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Inventory Turnover |
Timeline |
Cars Inventory Turnover Regression Statistics
Arithmetic Mean | 9.17 | |
Geometric Mean | 8.37 | |
Coefficient Of Variation | 44.66 | |
Mean Deviation | 3.65 | |
Median | 5.75 | |
Standard Deviation | 4.09 | |
Sample Variance | 16.76 | |
Range | 9.8974 | |
R-Value | 0.77 | |
Mean Square Error | 7.31 | |
R-Squared | 0.59 | |
Significance | 0.0008 | |
Slope | 0.71 | |
Total Sum of Squares | 234.63 |
Cars Inventory Turnover History
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 Reported | Projected for Next Year | ||
Inventory Turnover | 12.35 | 9.99 |
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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.