Chemung Inventory from 2010 to 2024

CHMG Stock  USD 51.83  0.20  0.38%   
Chemung Financial's Inventory is decreasing over the last several years with slightly volatile swings. Inventory is estimated to finish at about -55.4 M this year. During the period from 2010 to 2024 Chemung Financial Corp Inventory regressed destribution of quarterly values had coefficient of variationof (129.85) and r-value of (0.61). View All Fundamentals
 
Inventory  
First Reported
2007-03-31
Previous Quarter
-150.4 M
Current Value
-186.7 M
Quarterly Volatility
33.6 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chemung Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chemung Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 40.5 M or Selling General Administrative of 21.5 M, as well as many indicators such as Price To Sales Ratio of 4.06, Dividend Yield of 0.0353 or PTB Ratio of 1.32. Chemung financial statements analysis is a perfect complement when working with Chemung Financial Valuation or Volatility modules.
  
Check out the analysis of Chemung Financial Correlation against competitors.

Latest Chemung Financial's Inventory Growth Pattern

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

Chemung Inventory Regression Statistics

Arithmetic Mean(39,225,482)
Geometric Mean8,469,346
Coefficient Of Variation(129.85)
Mean Deviation42,686,445
Median(2,912,000)
Standard Deviation50,933,436
Sample Variance2594.2T
Range138.8M
R-Value(0.61)
Mean Square Error1747.7T
R-Squared0.37
Significance0.02
Slope(6,969,001)
Total Sum of Squares36319T

Chemung Inventory History

2024-55.4 M
2023-58.3 M
2022-64.7 M
2021-33.1 M
2020-115 M
2019-127.1 M
2018-135 M

Other Fundumenentals of Chemung Financial Corp

Chemung Financial Inventory component correlations

About Chemung Financial Financial Statements

Chemung Financial stakeholders use historical fundamental indicators, such as Chemung Financial's Inventory, to determine how well the company is positioned to perform in the future. Although Chemung Financial investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chemung Financial's assets and liabilities are reflected in the revenues and expenses on Chemung Financial's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Chemung Financial Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory-58.3 M-55.4 M
Change To Inventory117 K111.2 K
Inventory Turnover(4.06)(4.27)
Days Of Inventory On Hand(92.99)(97.64)
Average Inventory-32.4 M-34 M
Days Of Inventory Outstanding(92.99)(97.64)

Currently Active Assets on Macroaxis

When determining whether Chemung Financial Corp is a strong investment it is important to analyze Chemung Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Chemung Financial's future performance. For an informed investment choice regarding Chemung Stock, refer to the following important reports:
Check out the analysis of Chemung Financial Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chemung Financial. If investors know Chemung will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chemung Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Dividend Share
1.24
Earnings Share
4.52
Revenue Per Share
19.63
Quarterly Revenue Growth
(0.06)
The market value of Chemung Financial Corp is measured differently than its book value, which is the value of Chemung that is recorded on the company's balance sheet. Investors also form their own opinion of Chemung Financial's value that differs from its market value or its book value, called intrinsic value, which is Chemung Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chemung Financial's market value can be influenced by many factors that don't directly affect Chemung Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chemung Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemung Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemung Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.