Southern Days Of Inventory On Hand from 2010 to 2024

SSBK Stock  USD 37.50  0.41  1.11%   
Southern States 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 -7,048. From the period between 2010 and 2024, Southern States, Days Of Inventory On Hand regression line of its data series had sample variance of 6.5 M and sample variance of 6.5 M. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
-6.7 K
Current Value
-7 K
Quarterly Volatility
2.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southern States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southern States' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 54.8 M or Total Revenue of 65.8 M, as well as many indicators such as Price To Sales Ratio of 3.58, Dividend Yield of 0.0151 or PTB Ratio of 1.36. Southern financial statements analysis is a perfect complement when working with Southern States Valuation or Volatility modules.
  
Check out the analysis of Southern States Correlation against competitors.

Latest Southern States' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Southern States Bancshares over the last few years. It is Southern States' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Southern States' 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  

Southern Days Of Inventory On Hand Regression Statistics

Arithmetic Mean(11,975)
Coefficient Of Variation(21.22)
Mean Deviation1,961
Median(13,200)
Standard Deviation2,541
Sample Variance6.5M
Range6.5K
R-Value0.70
Mean Square Error3.6M
R-Squared0.48
Significance0
Slope395.35
Total Sum of Squares90.4M

Southern Days Of Inventory On Hand History

2024 -7048.32
2023 -6712.69
2022 -7458.54

About Southern States Financial Statements

Southern States investors utilize fundamental indicators, such as Days Of Inventory On Hand, to predict how Southern 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-6.7 K-7 K

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Southern States Banc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Southern Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Southern States Bancshares Stock. Highlighted below are key reports to facilitate an investment decision about Southern States Bancshares Stock:
Check out the analysis of Southern States Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Regional Banks 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 Southern States. If investors know Southern 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 Southern States 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
0.037
Dividend Share
0.36
Earnings Share
3.51
Revenue Per Share
9.586
Quarterly Revenue Growth
0.372
The market value of Southern States Banc is measured differently than its book value, which is the value of Southern that is recorded on the company's balance sheet. Investors also form their own opinion of Southern States' value that differs from its market value or its book value, called intrinsic value, which is Southern States' 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 Southern States' market value can be influenced by many factors that don't directly affect Southern States' 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 Southern States' value and its price as these two are different measures arrived at by different means. Investors typically determine if Southern States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Southern States' 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.