Skechers Inventory Turnover from 2010 to 2024

SKX Stock  USD 71.01  0.62  0.88%   
Skechers USA Inventory Turnover yearly trend continues to be fairly 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
2.52256149
Current Value
3.45
Quarterly Volatility
0.55331509
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Skechers USA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Skechers USA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 191 M, Total Revenue of 8.4 B or Gross Profit of 4.4 B, as well as many indicators such as Price To Sales Ratio of 0.66, Dividend Yield of 0.27 or PTB Ratio of 2.6. Skechers financial statements analysis is a perfect complement when working with Skechers USA Valuation or Volatility modules.
  
Check out the analysis of Skechers USA Correlation against competitors.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

Latest Skechers USA's Inventory Turnover Growth Pattern

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

Skechers Inventory Turnover Regression Statistics

Arithmetic Mean2.80
Geometric Mean2.76
Coefficient Of Variation19.73
Mean Deviation0.37
Median2.75
Standard Deviation0.55
Sample Variance0.31
Range2.1773
R-Value(0.48)
Mean Square Error0.25
R-Squared0.23
Significance0.07
Slope(0.06)
Total Sum of Squares4.29

Skechers Inventory Turnover History

2024 3.45
2023 2.52
2022 2.16
2021 2.17
2020 2.37
2018 2.8
2017 2.55

About Skechers USA Financial Statements

Skechers USA investors use historical fundamental indicators, such as Skechers USA's Inventory Turnover, 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 Skechers USA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 2.52  3.45 

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Additional Tools for Skechers Stock Analysis

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