Good Inventory Turnover from 2010 to 2024

GTIM Stock  USD 2.69  0.02  0.74%   
Good Times Inventory Turnover yearly trend continues to be very stable with very little volatility. Inventory Turnover is likely to grow to 106.94 this year. 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
75.04509804
Current Value
106.94
Quarterly Volatility
6.35040671
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Good Times financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Good Times' main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 85.2 K or Total Revenue of 166.8 M, as well as many indicators such as Price To Sales Ratio of 1.57, Dividend Yield of 0.0017 or PTB Ratio of 1.96. Good financial statements analysis is a perfect complement when working with Good Times Valuation or Volatility modules.
  
Check out the analysis of Good Times Correlation against competitors.

Latest Good Times' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Good Times Restaurants 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. Good Times' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Good Times' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Good Inventory Turnover Regression Statistics

Arithmetic Mean86.71
Geometric Mean86.51
Coefficient Of Variation7.32
Mean Deviation3.16
Median85.37
Standard Deviation6.35
Sample Variance40.33
Range31.8949
R-Value0.30
Mean Square Error39.47
R-Squared0.09
Significance0.27
Slope0.43
Total Sum of Squares564.59

Good Inventory Turnover History

2024 106.94
2023 75.05
2019 87.58

About Good Times Financial Statements

Good Times investors utilize fundamental indicators, such as Inventory Turnover, to predict how Good 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 75.05  106.94 

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When determining whether Good Times Restaurants is a strong investment it is important to analyze Good Times' 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 Good Times' future performance. For an informed investment choice regarding Good Stock, refer to the following important reports:
Check out the analysis of Good Times Correlation against competitors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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 Good Times. If investors know Good 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 Good Times 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
0.714
Earnings Share
0.1
Revenue Per Share
12.523
Quarterly Revenue Growth
0.065
Return On Assets
0.0104
The market value of Good Times Restaurants is measured differently than its book value, which is the value of Good that is recorded on the company's balance sheet. Investors also form their own opinion of Good Times' value that differs from its market value or its book value, called intrinsic value, which is Good Times' 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 Good Times' market value can be influenced by many factors that don't directly affect Good Times' 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 Good Times' value and its price as these two are different measures arrived at by different means. Investors typically determine if Good Times is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Good Times' 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.