Simply Days Of Inventory On Hand from 2010 to 2024

SMPL Stock  USD 39.81  0.02  0.05%   
Simply Good Days Of Inventory On Hand yearly trend continues to be quite stable with very little volatility. The value of Days Of Inventory On Hand is projected to decrease to 40.46. From the period between 2010 and 2024, Simply Good, Days Of Inventory On Hand regression line of its data series had standard deviation of  7.06 and standard deviation of  7.06. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
63.27385011
Current Value
40.46284371
Quarterly Volatility
7.06425989
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Simply Good financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Simply Good's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 730.6 K or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.31, Dividend Yield of 0.0 or PTB Ratio of 0.34. Simply financial statements analysis is a perfect complement when working with Simply Good Valuation or Volatility modules.
  
Check out the analysis of Simply Good Correlation against competitors.

Latest Simply Good's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Simply Good Foods over the last few years. It is Simply Good's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Simply Good's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Simply Days Of Inventory On Hand Regression Statistics

Arithmetic Mean47.63
Geometric Mean47.17
Coefficient Of Variation14.83
Mean Deviation6.28
Median42.95
Standard Deviation7.06
Sample Variance49.90
Range22.811
R-Value0.61
Mean Square Error33.48
R-Squared0.38
Significance0.01
Slope0.97
Total Sum of Squares698.65

Simply Days Of Inventory On Hand History

2023 63.27
2018 53.92
2016 40.46

About Simply Good Financial Statements

Simply Good investors utilize fundamental indicators, such as Days Of Inventory On Hand, to predict how Simply Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 63.27  40.46 

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When determining whether Simply Good Foods is a strong investment it is important to analyze Simply Good's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Simply Good's future performance. For an informed investment choice regarding Simply Stock, refer to the following important reports:
Check out the analysis of Simply Good Correlation against competitors.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Packaged Foods & Meats 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 Simply Good. If investors know Simply 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 Simply Good 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
(0.19)
Earnings Share
1.38
Revenue Per Share
13.323
Quarterly Revenue Growth
0.172
Return On Assets
0.0631
The market value of Simply Good Foods is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good'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 Simply Good's market value can be influenced by many factors that don't directly affect Simply Good'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 Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simply Good is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good'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.