Sweetgreen Change To Inventory from 2010 to 2024

SG Stock  USD 33.13  1.97  5.61%   
Sweetgreen's Change To Inventory is decreasing over the last several years with slightly volatile swings. Change To Inventory is estimated to finish at about -651.7 K this year. Change To Inventory is the increase or decrease in the amount of inventory Sweetgreen has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2018-12-31
Previous Quarter
-184 K
Current Value
184 K
Quarterly Volatility
840.3 M
 
Covid
Check Sweetgreen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sweetgreen's main balance sheet or income statement drivers, such as Tax Provision of 2.1 M, Interest Income of 13.1 M or Interest Expense of 121.6 K, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0 or PTB Ratio of 2.48. Sweetgreen financial statements analysis is a perfect complement when working with Sweetgreen Valuation or Volatility modules.
  
Check out the analysis of Sweetgreen Correlation against competitors.
For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.

Latest Sweetgreen's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Sweetgreen over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Sweetgreen's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sweetgreen'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  

Sweetgreen Change To Inventory Regression Statistics

Arithmetic Mean28,001,353
Coefficient Of Variation85.56
Mean Deviation22,678,376
Median46,900,000
Standard Deviation23,959,251
Sample Variance574T
Range47.6M
R-Value(0.85)
Mean Square Error169.3T
R-Squared0.73
Significance0.000055
Slope(4,565,203)
Total Sum of Squares8036.6T

Sweetgreen Change To Inventory History

2024-651.7 K
2023-686 K
2022-480 K
2021-283 K
2020211 K
2019-190 K

About Sweetgreen Financial Statements

Sweetgreen stakeholders use historical fundamental indicators, such as Sweetgreen's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Sweetgreen investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sweetgreen's assets and liabilities are reflected in the revenues and expenses on Sweetgreen's 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 Sweetgreen. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-686 K-651.7 K

Currently Active Assets on Macroaxis

Check out the analysis of Sweetgreen Correlation against competitors.
For more detail on how to invest in Sweetgreen Stock please use our How to Invest in Sweetgreen guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Hotels, Restaurants & Leisure 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 Sweetgreen. If investors know Sweetgreen 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 Sweetgreen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.78)
Revenue Per Share
5.896
Quarterly Revenue Growth
0.13
Return On Assets
(0.06)
Return On Equity
(0.18)
The market value of Sweetgreen is measured differently than its book value, which is the value of Sweetgreen that is recorded on the company's balance sheet. Investors also form their own opinion of Sweetgreen's value that differs from its market value or its book value, called intrinsic value, which is Sweetgreen's 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 Sweetgreen's market value can be influenced by many factors that don't directly affect Sweetgreen's 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 Sweetgreen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sweetgreen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sweetgreen's 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.