Smart Inventory Turnover from 2010 to 2024

EM Stock  USD 0.72  0.01  1.41%   
Smart Share Inventory Turnover yearly trend continues to be very stable with very little volatility. Inventory Turnover is likely to drop to 10.79. 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
11.35327138
Current Value
10.79
Quarterly Volatility
137.65634165
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Smart Share financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Smart Share's main balance sheet or income statement drivers, such as Tax Provision of 20 M, Net Interest Income of 118.7 M or Interest Income of 123.1 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0 or PTB Ratio of 0.32. Smart financial statements analysis is a perfect complement when working with Smart Share Valuation or Volatility modules.
  
Check out the analysis of Smart Share Correlation against competitors.

Latest Smart Share's Inventory Turnover Growth Pattern

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

Smart Inventory Turnover Regression Statistics

Arithmetic Mean46.19
Geometric Mean3.31
Coefficient Of Variation298.04
Mean Deviation75.33
Median1.15
Standard Deviation137.66
Sample Variance18,949
Range529
R-Value0.38
Mean Square Error17,453
R-Squared0.14
Significance0.16
Slope11.71
Total Sum of Squares265,290

Smart Inventory Turnover History

2024 10.79
2023 11.35
2022 529.9
2021 127.41
2020 1.8

About Smart Share Financial Statements

Smart Share investors utilize fundamental indicators, such as Inventory Turnover, to predict how Smart Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 11.35  10.79 

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Check out the analysis of Smart Share Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Hotels, Restaurants & Leisure 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 Smart Share. If investors know Smart 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 Smart Share 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
(0.62)
Earnings Share
0.03
Revenue Per Share
7.571
Quarterly Revenue Growth
(0.55)
Return On Assets
(0)
The market value of Smart Share Global is measured differently than its book value, which is the value of Smart that is recorded on the company's balance sheet. Investors also form their own opinion of Smart Share's value that differs from its market value or its book value, called intrinsic value, which is Smart Share'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 Smart Share's market value can be influenced by many factors that don't directly affect Smart Share'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 Smart Share's value and its price as these two are different measures arrived at by different means. Investors typically determine if Smart Share is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Smart Share'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.