Nova Inventory from 2010 to 2024

NVFY Stock  USD 0.47  0.01  2.57%   
Nova Lifestyle Inventory yearly trend continues to be fairly stable with very little volatility. Inventory will likely drop to about 2.2 M in 2024. During the period from 2010 to 2024, Nova Lifestyle Inventory regression line of annual values had r-squared of  0.12 and arithmetic mean of  8,232,192. View All Fundamentals
 
Inventory  
First Reported
2011-06-30
Previous Quarter
2.2 M
Current Value
2.4 M
Quarterly Volatility
10.9 M
 
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 Inventory Growth Pattern

Below is the plot of the Inventory of Nova Lifestyle I over the last few years. It is Nova Lifestyle's Inventory 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Nova Inventory Regression Statistics

Arithmetic Mean8,232,192
Geometric Mean4,842,248
Coefficient Of Variation123.45
Mean Deviation7,399,838
Median3,612,868
Standard Deviation10,162,376
Sample Variance103.3T
Range31.8M
R-Value0.34
Mean Square Error98.3T
R-Squared0.12
Significance0.21
Slope774,149
Total Sum of Squares1445.8T

Nova Inventory History

20242.2 M
20232.3 M
20224.9 M
202117.7 M
202032.8 M
201929.7 M
20186.4 M

Other Fundumenentals of Nova Lifestyle I

Nova Lifestyle Inventory component correlations

About Nova Lifestyle Financial Statements

Nova Lifestyle investors use historical fundamental indicators, such as Nova Lifestyle's Inventory, 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
Inventory2.3 M2.2 M
Change To Inventory2.5 M2.7 M
Inventory Turnover 3.00  2.85 
Days Of Inventory On Hand 121.79  96.59 
Average Inventory3.6 M3.4 M
Days Of Inventory Outstanding 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.