HealthEquity Inventory Turnover from 2010 to 2024

HQY Stock  USD 102.47  1.10  1.06%   
HealthEquity 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
396.04
Current Value
415.84
Quarterly Volatility
180.09293519
 
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Yuan Drop
 
Covid
Check HealthEquity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HealthEquity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 160.7 M, Interest Expense of 58.2 M or Selling General Administrative of 108.8 M, as well as many indicators such as Price To Sales Ratio of 6.57, Dividend Yield of 0.0735 or PTB Ratio of 5.64. HealthEquity financial statements analysis is a perfect complement when working with HealthEquity Valuation or Volatility modules.
  
Check out the analysis of HealthEquity Correlation against competitors.
For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.

Latest HealthEquity's Inventory Turnover Growth Pattern

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

HealthEquity Inventory Turnover Regression Statistics

Arithmetic Mean269.47
Geometric Mean199.66
Coefficient Of Variation66.83
Mean Deviation172.85
Median396.04
Standard Deviation180.09
Sample Variance32,433
Range376
R-Value0.86
Mean Square Error9,360
R-Squared0.73
Significance0.000048
Slope34.45
Total Sum of Squares454,069

HealthEquity Inventory Turnover History

2024 415.84
2023 396.04
2017 440.04
2016 121.65
2015 87.4
2014 63.81
2013 74.71

About HealthEquity Financial Statements

HealthEquity investors use historical fundamental indicators, such as HealthEquity'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 HealthEquity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 396.04  415.84 

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Additional Tools for HealthEquity Stock Analysis

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