Southwest Days Of Inventory On Hand from 2010 to 2024

SWX Stock  USD 78.00  0.16  0.20%   
Southwest Gas Days Of Inventory On Hand yearly trend continues to be fairly stable with very little volatility. Days Of Inventory On Hand will likely drop to 6.55 in 2024. During the period from 2010 to 2024, Southwest Gas Days Of Inventory On Hand regression line of annual values had r-squared of  0.08 and arithmetic mean of  22.66. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
6.8952895
Current Value
6.55
Quarterly Volatility
50.41218737
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Southwest Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Southwest Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 463 M, Interest Expense of 306.9 M or Total Revenue of 5.7 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0363 or PTB Ratio of 1.16. Southwest financial statements analysis is a perfect complement when working with Southwest Gas Valuation or Volatility modules.
  
Check out the analysis of Southwest Gas Correlation against competitors.

Latest Southwest Gas' Days Of Inventory On Hand Growth Pattern

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

Southwest Days Of Inventory On Hand Regression Statistics

Arithmetic Mean22.66
Geometric Mean5.96
Coefficient Of Variation222.45
Mean Deviation25.76
Median6.90
Standard Deviation50.41
Sample Variance2,541
Range201
R-Value0.28
Mean Square Error2,519
R-Squared0.08
Significance0.31
Slope3.18
Total Sum of Squares35,579

Southwest Days Of Inventory On Hand History

2024 6.55
2023 6.9
2022 201.38
2021 37.16
2020 0.3
2019 6.8
2018 0.81

About Southwest Gas Financial Statements

Southwest Gas investors use historical fundamental indicators, such as Southwest Gas' Days Of Inventory On Hand, 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 Southwest Gas. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 6.90  6.55 

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.

Additional Tools for Southwest Stock Analysis

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