Chardan Inventory Turnover from 2010 to 2024

DFLIW Stock  USD 0.02  0  29.50%   
Chardan NexTech Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover is likely to outpace its year average 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
1.26221053
Current Value
2.41
Quarterly Volatility
1.30331773
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chardan NexTech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chardan NexTech's main balance sheet or income statement drivers, such as Tax Provision of 755.8 K, Depreciation And Amortization of 809.3 K or Selling General Administrative of 17.3 M, as well as many indicators such as Price To Sales Ratio of 3.8, Dividend Yield of 0.0 or PTB Ratio of 8.77. Chardan financial statements analysis is a perfect complement when working with Chardan NexTech Valuation or Volatility modules.
  
Check out the analysis of Chardan NexTech Correlation against competitors.

Latest Chardan NexTech's Inventory Turnover Growth Pattern

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

Chardan Inventory Turnover Regression Statistics

Arithmetic Mean3.72
Geometric Mean3.41
Coefficient Of Variation35.00
Mean Deviation1.09
Median4.47
Standard Deviation1.30
Sample Variance1.70
Range3.2199
R-Value(0.74)
Mean Square Error0.82
R-Squared0.55
Significance0
Slope(0.22)
Total Sum of Squares23.78

Chardan Inventory Turnover History

2024 2.41
2023 1.26
2022 1.25
2021 1.78

About Chardan NexTech Financial Statements

Chardan NexTech investors use historical fundamental indicators, such as Chardan NexTech's Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Chardan NexTech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 1.26  2.41 

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Additional Tools for Chardan Stock Analysis

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