Photronics Change To Inventory from 2010 to 2024

PLAB Stock  USD 23.76  0.16  0.67%   
Photronics' Change To Inventory is decreasing over the years with stable fluctuation. Overall, Change To Inventory is projected to go to about -5.8 M this year. Change To Inventory is the increase or decrease in the amount of inventory Photronics has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1990-01-31
Previous Quarter
-1.4 M
Current Value
5.8 M
Quarterly Volatility
2.6 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Photronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Photronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 61.3 M, Interest Expense of 317.3 K or Total Revenue of 910.3 M, as well as many indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.0202 or PTB Ratio of 1.78. Photronics financial statements analysis is a perfect complement when working with Photronics Valuation or Volatility modules.
  
Check out the analysis of Photronics Correlation against competitors.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.

Latest Photronics' Change To Inventory Growth Pattern

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

Photronics Change To Inventory Regression Statistics

Arithmetic Mean(3,072,753)
Coefficient Of Variation(214.35)
Mean Deviation4,376,604
Median(2,039,000)
Standard Deviation6,586,326
Sample Variance43.4T
Range27.8M
R-Value(0.28)
Mean Square Error43T
R-Squared0.08
Significance0.31
Slope(413,632)
Total Sum of Squares607.3T

Photronics Change To Inventory History

2024-5.8 M
2023-6.2 M
20221.2 M
2021-2 M
2020M
2019-6.9 M
2018-23.1 M

About Photronics Financial Statements

Photronics stakeholders use historical fundamental indicators, such as Photronics' Change To Inventory, to determine how well the company is positioned to perform in the future. Although Photronics investors may analyze each financial statement separately, they are all interrelated. For example, changes in Photronics' assets and liabilities are reflected in the revenues and expenses on Photronics' 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 Photronics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-6.2 M-5.8 M

Also Currently Popular

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 Photronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Photronics' 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 Photronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Photronics Stock:
Check out the analysis of Photronics Correlation against competitors.
For information on how to trade Photronics Stock refer to our How to Trade Photronics Stock guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Semiconductors & Semiconductor Equipment 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 Photronics. If investors know Photronics 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 Photronics 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
0.25
Earnings Share
2.09
Revenue Per Share
14.156
Quarterly Revenue Growth
(0.06)
Return On Assets
0.0915
The market value of Photronics is measured differently than its book value, which is the value of Photronics that is recorded on the company's balance sheet. Investors also form their own opinion of Photronics' value that differs from its market value or its book value, called intrinsic value, which is Photronics' 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 Photronics' market value can be influenced by many factors that don't directly affect Photronics' 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 Photronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Photronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Photronics' 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.