Grid Inventory from 2010 to 2024

GDYN Stock  USD 18.30  0.71  3.73%   
Grid Dynamics Inventory yearly trend continues to be very stable with very little volatility. Inventory is likely to grow to about -3.8 M this year. During the period from 2010 to 2024, Grid Dynamics Inventory quarterly data regression pattern had sample variance of 3.9 T and median of  429,000. View All Fundamentals
 
Inventory  
First Reported
2010-12-31
Previous Quarter
-4 M
Current Value
-3.8 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Grid Dynamics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Grid Dynamics' main balance sheet or income statement drivers, such as Tax Provision of 10 M, Depreciation And Amortization of 12.7 M or Interest Expense of 1.1 M, as well as many indicators such as Price To Sales Ratio of 5.57, Dividend Yield of 0.006 or PTB Ratio of 2.49. Grid financial statements analysis is a perfect complement when working with Grid Dynamics Valuation or Volatility modules.
  
Check out the analysis of Grid Dynamics Correlation against competitors.

Latest Grid Dynamics' Inventory Growth Pattern

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

Grid Inventory Regression Statistics

Arithmetic Mean263,327
Geometric Mean797,602
Coefficient Of Variation754.46
Mean Deviation1,109,700
Median429,000
Standard Deviation1,986,705
Sample Variance3.9T
Range8.3M
R-Value(0.25)
Mean Square Error4T
R-Squared0.06
Significance0.36
Slope(112,560)
Total Sum of Squares55.3T

Grid Inventory History

2024-3.8 M
2023-4 M
20224.3 M
2021584 K
2020821 K
20192.2 M

Other Fundumenentals of Grid Dynamics Holdings

Grid Dynamics Inventory component correlations

About Grid Dynamics Financial Statements

Grid Dynamics investors utilize fundamental indicators, such as Inventory, to predict how Grid 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-4 M-3.8 M
Change To Inventory918.9 K964.8 K
Inventory Turnover(49.97)(47.47)
Days Of Inventory On Hand(7.30)(6.94)
Average Inventory170.2 K199.4 K
Days Of Inventory Outstanding(7.30)(6.94)
When determining whether Grid Dynamics Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Grid Dynamics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Grid Dynamics Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Grid Dynamics Holdings Stock:
Check out the analysis of Grid Dynamics Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Internet Services & Infrastructure 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 Grid Dynamics. If investors know Grid 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 Grid Dynamics 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
4.582
Earnings Share
0.03
Revenue Per Share
4.304
Quarterly Revenue Growth
0.129
Return On Assets
(0.0004)
The market value of Grid Dynamics Holdings is measured differently than its book value, which is the value of Grid that is recorded on the company's balance sheet. Investors also form their own opinion of Grid Dynamics' value that differs from its market value or its book value, called intrinsic value, which is Grid Dynamics' 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 Grid Dynamics' market value can be influenced by many factors that don't directly affect Grid Dynamics' 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 Grid Dynamics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Grid Dynamics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grid Dynamics' 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.