Garrett Inventory Turnover from 2010 to 2024

GTX Stock  USD 8.96  0.09  0.99%   
Garrett Motion Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover is likely to outpace its year average 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
11.90114068
Current Value
14.21
Quarterly Volatility
3.58294353
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Garrett Motion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Garrett Motion's main balance sheet or income statement drivers, such as Tax Provision of 75.4 M, Interest Income of 6.7 M or Depreciation And Amortization of 83.7 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0248 or Days Sales Outstanding of 60.66. Garrett financial statements analysis is a perfect complement when working with Garrett Motion Valuation or Volatility modules.
  
Check out the analysis of Garrett Motion Correlation against competitors.
For more information on how to buy Garrett Stock please use our How to Invest in Garrett Motion guide.

Latest Garrett Motion's Inventory Turnover Growth Pattern

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

Garrett Inventory Turnover Regression Statistics

Arithmetic Mean15.41
Geometric Mean15.00
Coefficient Of Variation23.26
Mean Deviation3.28
Median15.11
Standard Deviation3.58
Sample Variance12.84
Range8.3753
R-Value(0.83)
Mean Square Error4.21
R-Squared0.70
Significance0.0001
Slope(0.67)
Total Sum of Squares179.72

Garrett Inventory Turnover History

2024 14.21
2023 11.9
2022 10.81
2021 11.99
2020 10.54
2019 11.53
2018 15.11

About Garrett Motion Financial Statements

Garrett Motion investors use historical fundamental indicators, such as Garrett Motion's Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Garrett Motion. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 11.90  14.21 

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Additional Tools for Garrett Stock Analysis

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