Cirrus Inventory Turnover from 2010 to 2024

CRUS Stock  USD 105.52  1.89  1.76%   
Cirrus Logic Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 3.75 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
3.84081708
Current Value
3.7493682
Quarterly Volatility
0.35818062
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cirrus Logic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cirrus Logic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 37.2 M, Interest Expense of 869.2 K or Selling General Administrative of 100.3 M, as well as many indicators such as Price To Sales Ratio of 1.68, Dividend Yield of 0.0097 or PTB Ratio of 2.22. Cirrus financial statements analysis is a perfect complement when working with Cirrus Logic Valuation or Volatility modules.
  
Check out the analysis of Cirrus Logic Correlation against competitors.
For more information on how to buy Cirrus Stock please use our How to Invest in Cirrus Logic guide.

Latest Cirrus Logic's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Cirrus Logic 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. Cirrus Logic's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cirrus Logic'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  

Cirrus Inventory Turnover Regression Statistics

Arithmetic Mean4.29
Geometric Mean4.27
Coefficient Of Variation8.36
Mean Deviation0.34
Median4.03
Standard Deviation0.36
Sample Variance0.13
Range0.9031
R-Value(0.90)
Mean Square Error0.03
R-Squared0.82
Slope(0.07)
Total Sum of Squares1.80

Cirrus Inventory Turnover History

2024 3.75
2023 3.84
2017 4.03
2011 4.65
2010 4.62

About Cirrus Logic Financial Statements

Cirrus Logic shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Cirrus Logic investors may analyze each financial statement separately, they are all interrelated. The changes in Cirrus Logic's assets and liabilities, for example, are also reflected in the revenues and expenses on on Cirrus Logic'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 3.84  3.75 

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Additional Tools for Cirrus Stock Analysis

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