Trio Inventory Turnover from 2010 to 2024

TRT Stock  USD 6.19  0.19  3.17%   
Trio Tech Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 9.97 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
9.97786211
Current Value
9.97
Quarterly Volatility
4.71314014
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trio Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trio Tech's main balance sheet or income statement drivers, such as Total Revenue of 33.8 M, Gross Profit of 9.2 M or Operating Income of 569.6 K, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 6.0E-4 or PTB Ratio of 1.09. Trio financial statements analysis is a perfect complement when working with Trio Tech Valuation or Volatility modules.
  
Check out the analysis of Trio Tech Correlation against competitors.

Latest Trio Tech's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Trio Tech International 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. Trio Tech's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trio Tech's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Pretty Stable
   Inventory Turnover   
       Timeline  

Trio Inventory Turnover Regression Statistics

Arithmetic Mean14.04
Geometric Mean13.39
Coefficient Of Variation33.56
Mean Deviation3.49
Median12.75
Standard Deviation4.71
Sample Variance22.21
Range17.3386
R-Value(0.22)
Mean Square Error22.74
R-Squared0.05
Significance0.43
Slope(0.23)
Total Sum of Squares310.99

Trio Inventory Turnover History

2024 9.97
2023 9.98
2022 14.67
2021 14.32
2020 11.92
2019 14.15
2018 12.44

About Trio Tech Financial Statements

Trio Tech shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Trio Tech investors may analyze each financial statement separately, they are all interrelated. The changes in Trio Tech's assets and liabilities, for example, are also reflected in the revenues and expenses on on Trio Tech's 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
Inventory Turnover 9.98  9.97 

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Additional Tools for Trio Stock Analysis

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