Medtronic Change To Inventory from 2010 to 2024

MDT Stock  USD 82.48  0.25  0.30%   
Medtronic PLC Change To Inventory yearly trend continues to be comparatively stable with very little volatility. Change To Inventory will likely drop to about -145.9 M in 2024. Change To Inventory is the increase or decrease in the amount of inventory Medtronic PLC has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1991-07-31
Previous Quarter
-217 M
Current Value
-61 M
Quarterly Volatility
101 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Medtronic PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medtronic PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.8 B, Interest Expense of 755 M or Total Revenue of 34 B, as well as many indicators such as Price To Sales Ratio of 5.85, Dividend Yield of 0.0177 or PTB Ratio of 3.42. Medtronic financial statements analysis is a perfect complement when working with Medtronic PLC Valuation or Volatility modules.
  
Check out the analysis of Medtronic PLC Correlation against competitors.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.

Latest Medtronic PLC's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Medtronic PLC over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Medtronic PLC's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Medtronic PLC's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Medtronic Change To Inventory Regression Statistics

Arithmetic Mean(238,736,667)
Coefficient Of Variation(114.28)
Mean Deviation191,775,556
Median(186,000,000)
Standard Deviation272,822,505
Sample Variance74432.1T
Range1B
R-Value(0.45)
Mean Square Error63886.3T
R-Squared0.20
Significance0.09
Slope(27,485,536)
Total Sum of Squares1042049.7T

Medtronic Change To Inventory History

2024-145.9 M
2023-139 M
2022-939 M
2021-560 M
202078 M
2019-577 M
2018-274 M

About Medtronic PLC Financial Statements

Medtronic PLC shareholders use historical fundamental indicators, such as Change To Inventory, to determine how well the company is positioned to perform in the future. Although Medtronic PLC investors may analyze each financial statement separately, they are all interrelated. The changes in Medtronic PLC's assets and liabilities, for example, are also reflected in the revenues and expenses on on Medtronic PLC's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Inventory-139 M-145.9 M

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Additional Tools for Medtronic Stock Analysis

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