Nova Days Of Inventory On Hand from 2010 to 2024

NVFY Stock  USD 0.44  0.02  4.35%   
Nova Lifestyle Days Of Inventory On Hand yearly trend continues to be fairly stable with very little volatility. Days Of Inventory On Hand will likely drop to 96.59 in 2024. During the period from 2010 to 2024, Nova Lifestyle Days Of Inventory On Hand regression line of annual values had r-squared of  0.22 and arithmetic mean of  112.53. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
121.79426538
Current Value
96.59
Quarterly Volatility
157.20176326
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Lifestyle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Lifestyle's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 6.1 M or Total Revenue of 10.5 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 12.41. Nova financial statements analysis is a perfect complement when working with Nova Lifestyle Valuation or Volatility modules.
  
Check out the analysis of Nova Lifestyle Correlation against competitors.

Latest Nova Lifestyle's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Nova Lifestyle I over the last few years. It is Nova Lifestyle's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Lifestyle's 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  

Nova Days Of Inventory On Hand Regression Statistics

Arithmetic Mean112.53
Geometric Mean51.50
Coefficient Of Variation139.70
Mean Deviation114.40
Median27.03
Standard Deviation157.20
Sample Variance24,712
Range512
R-Value0.47
Mean Square Error20,773
R-Squared0.22
Significance0.08
Slope16.47
Total Sum of Squares345,974

Nova Days Of Inventory On Hand History

2024 96.59
2023 121.79
2022 87.71
2021 278.61
2020 383.36
2019 524.38
2018 31.99

About Nova Lifestyle Financial Statements

Nova Lifestyle investors use historical fundamental indicators, such as Nova Lifestyle's Days Of Inventory On Hand, 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 Nova Lifestyle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 121.79  96.59 

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Additional Tools for Nova Stock Analysis

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