Hurco Days Of Inventory On Hand from 2010 to 2024

HURC Stock  USD 23.35  0.03  0.13%   
Hurco Companies' Days Of Inventory On Hand is increasing over the years with slightly volatile fluctuation. Days Of Inventory On Hand is expected to dwindle to 172.21. During the period from 2010 to 2024 Hurco Companies Days Of Inventory On Hand annual values regression line had geometric mean of  261.09 and mean square error of  3,367. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
302.3
Current Value
172.21
Quarterly Volatility
61.83487559
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hurco Companies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hurco Companies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.7 M, Interest Expense of 241.1 K or Total Revenue of 153 M, as well as many indicators such as Price To Sales Ratio of 0.53, Dividend Yield of 0.0301 or PTB Ratio of 0.64. Hurco financial statements analysis is a perfect complement when working with Hurco Companies Valuation or Volatility modules.
  
Check out the analysis of Hurco Companies Correlation against competitors.
For information on how to trade Hurco Stock refer to our How to Trade Hurco Stock guide.

Latest Hurco Companies' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Hurco Companies over the last few years. It is Hurco Companies' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hurco Companies' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Hurco Days Of Inventory On Hand Regression Statistics

Arithmetic Mean267.94
Geometric Mean261.09
Coefficient Of Variation23.08
Mean Deviation45.71
Median258.18
Standard Deviation61.83
Sample Variance3,824
Range249
R-Value0.43
Mean Square Error3,367
R-Squared0.18
Significance0.11
Slope5.91
Total Sum of Squares53,530

Hurco Days Of Inventory On Hand History

2024 172.21
2023 302.3
2022 335.89
2021 305.98
2020 302.32
2019 407.69
2018 291.83

About Hurco Companies Financial Statements

Hurco Companies stakeholders use historical fundamental indicators, such as Hurco Companies' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Hurco Companies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Hurco Companies' assets and liabilities are reflected in the revenues and expenses on Hurco Companies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Hurco Companies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 302.30  172.21 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Hurco Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hurco Companies' 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 Hurco Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hurco Companies Stock:
Check out the analysis of Hurco Companies Correlation against competitors.
For information on how to trade Hurco Stock refer to our How to Trade Hurco Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Industrial Machinery & Supplies & Components 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 Hurco Companies. If investors know Hurco 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 Hurco Companies 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
0.686
Dividend Share
0.48
Earnings Share
(1.97)
Revenue Per Share
30.639
Quarterly Revenue Growth
(0.20)
The market value of Hurco Companies is measured differently than its book value, which is the value of Hurco that is recorded on the company's balance sheet. Investors also form their own opinion of Hurco Companies' value that differs from its market value or its book value, called intrinsic value, which is Hurco Companies' 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 Hurco Companies' market value can be influenced by many factors that don't directly affect Hurco Companies' 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 Hurco Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hurco Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hurco Companies' 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.