Consolidated Inventory Turnover from 2010 to 2024
ED Stock | USD 91.26 1.43 1.54% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 15.47547974 | Current Value 12.93 | Quarterly Volatility 4.11210814 |
Check Consolidated Edison financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Consolidated Edison's main balance sheet or income statement drivers, such as Interest Expense of 971.9 M, Total Revenue of 10.8 B or Gross Profit of 6.2 B, as well as many indicators such as Price To Sales Ratio of 2.27, Dividend Yield of 0.0515 or PTB Ratio of 1.14. Consolidated financial statements analysis is a perfect complement when working with Consolidated Edison Valuation or Volatility modules.
Consolidated | Inventory Turnover |
Latest Consolidated Edison's Inventory Turnover Growth Pattern
Below is the plot of the Inventory Turnover of Consolidated Edison 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. Consolidated Edison's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Consolidated Edison's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover | 10 Years Trend |
|
Inventory Turnover |
Timeline |
Consolidated Inventory Turnover Regression Statistics
Arithmetic Mean | 16.29 | |
Geometric Mean | 15.58 | |
Coefficient Of Variation | 25.25 | |
Mean Deviation | 2.95 | |
Median | 16.50 | |
Standard Deviation | 4.11 | |
Sample Variance | 16.91 | |
Range | 16.3008 | |
R-Value | (0.06) | |
Mean Square Error | 18.14 | |
R-Squared | 0 | |
Significance | 0.83 | |
Slope | (0.06) | |
Total Sum of Squares | 236.73 |
Consolidated Inventory Turnover History
About Consolidated Edison Financial Statements
Consolidated Edison stakeholders use historical fundamental indicators, such as Consolidated Edison's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Consolidated Edison investors may analyze each financial statement separately, they are all interrelated. For example, changes in Consolidated Edison's assets and liabilities are reflected in the revenues and expenses on Consolidated Edison'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 Consolidated Edison. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Inventory Turnover | 15.48 | 12.93 |
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.Check out the analysis of Consolidated Edison Correlation against competitors. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Multi-Utilities 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 Consolidated Edison. If investors know Consolidated 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 Consolidated Edison 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 0.112 | Dividend Share 3.3 | Earnings Share 5.24 | Revenue Per Share 43.464 | Quarterly Revenue Growth 0.057 |
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison'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 Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison'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 Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison'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.