CLPS Days Of Inventory On Hand from 2010 to 2024

CLPS Stock  USD 1.11  0.01  0.91%   
CLPS Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand is likely to outpace its year average in 2024. From the period from 2010 to 2024, CLPS Days Of Inventory On Hand quarterly data regression had r-value of  0.76 and coefficient of variation of  171.82. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
0.25
Current Value
0.26
Quarterly Volatility
0.12165389
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CLPS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CLPS's main balance sheet or income statement drivers, such as Tax Provision of 152.7 K, Discontinued Operations of 0.0 or Depreciation And Amortization of 667.6 K, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.12 or PTB Ratio of 0.34. CLPS financial statements analysis is a perfect complement when working with CLPS Valuation or Volatility modules.
  
Check out the analysis of CLPS Correlation against competitors.

Latest CLPS's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of CLPS Inc over the last few years. It is CLPS's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CLPS's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

CLPS Days Of Inventory On Hand Regression Statistics

Arithmetic Mean0.07
Geometric Mean0.0002
Coefficient Of Variation171.82
Mean Deviation0.10
Median0.000021
Standard Deviation0.12
Sample Variance0.01
Range0.2759
R-Value0.76
Mean Square Error0.01
R-Squared0.58
Significance0.001
Slope0.02
Total Sum of Squares0.21

CLPS Days Of Inventory On Hand History

2024 0.26
2023 0.25
2021 0.28
2019 4.0E-6
2018 9.0E-6
2017 1.2E-5
2016 2.0E-5

About CLPS Financial Statements

CLPS shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although CLPS investors may analyze each financial statement separately, they are all interrelated. The changes in CLPS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CLPS's 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
Days Of Inventory On Hand 0.25  0.26 

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 CLPS Stock Analysis

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