Essent Inventory Turnover from 2010 to 2024

ESNT Stock  USD 53.84  0.44  0.82%   
Essent Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to -0.03 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
(0.03)
Current Value
(0.03)
Quarterly Volatility
0.06131485
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Essent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Essent's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Interest Expense of 31.6 M or Selling General Administrative of 80.5 M, as well as many indicators such as Price To Sales Ratio of 4.9, Dividend Yield of 0.0106 or PTB Ratio of 2.08. Essent financial statements analysis is a perfect complement when working with Essent Valuation or Volatility modules.
  
Check out the analysis of Essent Correlation against competitors.

Latest Essent's Inventory Turnover Growth Pattern

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

Essent Inventory Turnover Regression Statistics

Arithmetic Mean(0.14)
Coefficient Of Variation(43.49)
Mean Deviation0.05
Median(0.18)
Standard Deviation0.06
Sample Variance0
Range0.1505
R-Value0.78
Mean Square Error0
R-Squared0.61
Significance0.0006
Slope0.01
Total Sum of Squares0.05

Essent Inventory Turnover History

2024 -0.0279
2023 -0.0266
2022 -0.0295
2021 -0.15
2020 -0.11

About Essent Financial Statements

Essent shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Essent investors may analyze each financial statement separately, they are all interrelated. The changes in Essent's assets and liabilities, for example, are also reflected in the revenues and expenses on on Essent'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(0.03)(0.03)

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Additional Tools for Essent Stock Analysis

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