Tian Inventory Turnover from 2010 to 2024

TIRX Stock  USD 1.72  0.02  1.18%   
Tian Ruixiang 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
3.5
Current Value
3.67
Quarterly Volatility
1.41836716
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tian Ruixiang financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tian Ruixiang's main balance sheet or income statement drivers, such as Tax Provision of 126.5 K, Net Interest Income of 883.8 K or Interest Income of 883.8 K, as well as many indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.0 or PTB Ratio of 0.0939. Tian financial statements analysis is a perfect complement when working with Tian Ruixiang Valuation or Volatility modules.
  
Check out the analysis of Tian Ruixiang Correlation against competitors.

Latest Tian Ruixiang's Inventory Turnover Growth Pattern

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

Tian Inventory Turnover Regression Statistics

Arithmetic Mean1.48
Geometric Mean1.02
Coefficient Of Variation95.82
Mean Deviation1.20
Median0.76
Standard Deviation1.42
Sample Variance2.01
Range3.5426
R-Value0.72
Mean Square Error1.04
R-Squared0.52
Significance0
Slope0.23
Total Sum of Squares28.16

Tian Inventory Turnover History

2024 3.67
2023 3.5
2021 3.89
2020 0.81
2019 0.34
2017 0.4

About Tian Ruixiang Financial Statements

Tian Ruixiang investors use historical fundamental indicators, such as Tian Ruixiang'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 Tian Ruixiang. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 3.50  3.67 

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Additional Tools for Tian Stock Analysis

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