NVent Inventory Turnover from 2010 to 2024

NVT Stock  USD 76.54  1.47  1.88%   
NVent Electric Inventory Turnover yearly trend continues to be comparatively 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
4.35418083
Current Value
5.92
Quarterly Volatility
0.46332988
 
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Yuan Drop
 
Covid
Check NVent Electric financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NVent Electric's main balance sheet or income statement drivers, such as Tax Provision of 57.3 M, Interest Income of 24.5 M or Depreciation And Amortization of 108.2 M, as well as many indicators such as Price To Sales Ratio of 1.82, Dividend Yield of 0.0223 or PTB Ratio of 3.27. NVent financial statements analysis is a perfect complement when working with NVent Electric Valuation or Volatility modules.
  
Check out the analysis of NVent Electric Correlation against competitors.

Latest NVent Electric's Inventory Turnover Growth Pattern

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

NVent Inventory Turnover Regression Statistics

Arithmetic Mean5.45
Geometric Mean5.43
Coefficient Of Variation8.50
Mean Deviation0.29
Median5.50
Standard Deviation0.46
Sample Variance0.21
Range1.9772
R-Value(0.33)
Mean Square Error0.21
R-Squared0.11
Significance0.23
Slope(0.03)
Total Sum of Squares3.01

NVent Inventory Turnover History

2024 5.92
2023 4.35
2022 5.23
2021 4.72
2020 5.31
2019 5.47
2018 5.86

About NVent Electric Financial Statements

NVent Electric shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although NVent Electric investors may analyze each financial statement separately, they are all interrelated. The changes in NVent Electric's assets and liabilities, for example, are also reflected in the revenues and expenses on on NVent Electric'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
Inventory Turnover 4.35  5.92 

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Additional Tools for NVent Stock Analysis

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