Cumulus Inventory Turnover from 2010 to 2024

CMLS Stock  USD 0.76  0.07  10.14%   
Cumulus Media Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 4.99 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
5.25
Current Value
4.99
Quarterly Volatility
36.55545879
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cumulus Media financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cumulus Media's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.5 M, Interest Expense of 72.5 M or Selling General Administrative of 49.7 M, as well as many indicators such as Price To Sales Ratio of 0.1, Dividend Yield of 0.0139 or PTB Ratio of 0.3. Cumulus financial statements analysis is a perfect complement when working with Cumulus Media Valuation or Volatility modules.
  
Check out the analysis of Cumulus Media Correlation against competitors.

Latest Cumulus Media's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Cumulus Media Class 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. Cumulus Media's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cumulus Media's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Cumulus Inventory Turnover Regression Statistics

Arithmetic Mean25.26
Geometric Mean11.97
Coefficient Of Variation144.74
Mean Deviation26.70
Median7.46
Standard Deviation36.56
Sample Variance1,336
Range107
R-Value(0.51)
Mean Square Error1,070
R-Squared0.26
Significance0.05
Slope(4.14)
Total Sum of Squares18,708

Cumulus Inventory Turnover History

2024 4.99
2023 5.25
2019 4.56
2018 4.88
2017 44.78
2016 11.21
2015 7.46

About Cumulus Media Financial Statements

Cumulus Media shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Cumulus Media investors may analyze each financial statement separately, they are all interrelated. The changes in Cumulus Media's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cumulus Media'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
Inventory Turnover 5.25  4.99 

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 Cumulus Stock Analysis

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