DRDGOLD Inventory from 2010 to 2024

DRD Stock  USD 9.45  0.63  6.25%   
DRDGOLD Limited's Inventory is increasing over the years with slightly volatile fluctuation. Overall, Inventory is expected to go to about 483 M this year. During the period from 2010 to 2024 DRDGOLD Limited Inventory annual values regression line had geometric mean of  191,736,845 and mean square error of 662 T. View All Fundamentals
 
Inventory  
First Reported
1997-06-30
Previous Quarter
460 M
Current Value
25.2 M
Quarterly Volatility
112.5 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check DRDGOLD Limited financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DRDGOLD Limited's main balance sheet or income statement drivers, such as Depreciation And Amortization of 181.4 M, Interest Expense of 49.5 M or Selling General Administrative of 140.3 M, as well as many indicators such as Price To Sales Ratio of 0.21, Dividend Yield of 0.56 or PTB Ratio of 0.19. DRDGOLD financial statements analysis is a perfect complement when working with DRDGOLD Limited Valuation or Volatility modules.
  
Check out the analysis of DRDGOLD Limited Correlation against competitors.

Latest DRDGOLD Limited's Inventory Growth Pattern

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

DRDGOLD Inventory Regression Statistics

Arithmetic Mean256,958,100
Geometric Mean191,736,845
Coefficient Of Variation55.36
Mean Deviation122,025,773
Median233,000,000
Standard Deviation142,258,923
Sample Variance20237.6T
Range477.1M
R-Value0.98
Mean Square Error662T
R-Squared0.97
Slope31,323,216
Total Sum of Squares283326.4T

DRDGOLD Inventory History

2024483 M
2023460 M
2022413.6 M
2021389.3 M
2020340 M
2019323.4 M
2018304.6 M

Other Fundumenentals of DRDGOLD Limited ADR

DRDGOLD Limited Inventory component correlations

About DRDGOLD Limited Financial Statements

DRDGOLD Limited stakeholders use historical fundamental indicators, such as DRDGOLD Limited's Inventory, to determine how well the company is positioned to perform in the future. Although DRDGOLD Limited investors may analyze each financial statement separately, they are all interrelated. For example, changes in DRDGOLD Limited's assets and liabilities are reflected in the revenues and expenses on DRDGOLD Limited'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 DRDGOLD Limited ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory460 M483 M
Change To Inventory-12.9 M-12.3 M
Inventory Turnover 9.63  19.16 
Days Of Inventory On Hand 37.90  21.31 
Average Inventory77 M60.5 M
Days Of Inventory Outstanding 37.90  21.31 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether DRDGOLD Limited ADR is a strong investment it is important to analyze DRDGOLD Limited'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 DRDGOLD Limited's future performance. For an informed investment choice regarding DRDGOLD Stock, refer to the following important reports:
Check out the analysis of DRDGOLD Limited Correlation against competitors.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Metals & Mining 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 DRDGOLD Limited. If investors know DRDGOLD 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 DRDGOLD Limited 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
(0.01)
Dividend Share
4
Earnings Share
0.86
Revenue Per Share
72.45
Quarterly Revenue Growth
0.149
The market value of DRDGOLD Limited ADR is measured differently than its book value, which is the value of DRDGOLD that is recorded on the company's balance sheet. Investors also form their own opinion of DRDGOLD Limited's value that differs from its market value or its book value, called intrinsic value, which is DRDGOLD Limited'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 DRDGOLD Limited's market value can be influenced by many factors that don't directly affect DRDGOLD Limited'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 DRDGOLD Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if DRDGOLD Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DRDGOLD Limited'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.