Tecnoglass Days Of Inventory On Hand from 2010 to 2024

TGLS Stock  USD 85.52  3.88  4.75%   
Tecnoglass Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand will likely drop to 85.78 in 2024. From the period from 2010 to 2024, Tecnoglass Days Of Inventory On Hand quarterly data regression had r-value of  0.62 and coefficient of variation of  20.91. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
131.26041358
Current Value
85.78
Quarterly Volatility
21.42534083
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tecnoglass financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tecnoglass' main balance sheet or income statement drivers, such as Depreciation And Amortization of 18 M, Interest Expense of 15.2 M or Selling General Administrative of 33.3 M, as well as many indicators such as Price To Sales Ratio of 2.74, Dividend Yield of 0.0101 or PTB Ratio of 2.65. Tecnoglass financial statements analysis is a perfect complement when working with Tecnoglass Valuation or Volatility modules.
  
Check out the analysis of Tecnoglass Correlation against competitors.
For more information on how to buy Tecnoglass Stock please use our How to Invest in Tecnoglass guide.

Latest Tecnoglass' Days Of Inventory On Hand Growth Pattern

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

Tecnoglass Days Of Inventory On Hand Regression Statistics

Arithmetic Mean102.49
Geometric Mean100.35
Coefficient Of Variation20.91
Mean Deviation18.03
Median104.45
Standard Deviation21.43
Sample Variance459.05
Range64.6683
R-Value0.62
Mean Square Error305.99
R-Squared0.38
Significance0.01
Slope2.96
Total Sum of Squares6,427

Tecnoglass Days Of Inventory On Hand History

2024 85.78
2023 131.26
2022 124.29
2021 105.42
2020 125.05
2019 102.31
2018 133.69

About Tecnoglass Financial Statements

Tecnoglass shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Tecnoglass investors may analyze each financial statement separately, they are all interrelated. The changes in Tecnoglass' assets and liabilities, for example, are also reflected in the revenues and expenses on on Tecnoglass' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 131.26  85.78 

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Additional Tools for Tecnoglass Stock Analysis

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