Mingzhu Days Of Inventory Outstanding from 2010 to 2024

YGMZ Stock  USD 0.88  0.07  7.37%   
Mingzhu Logistics Days Of Inventory Outstanding yearly trend continues to be fairly stable with very little volatility. Days Of Inventory Outstanding is likely to outpace its year average in 2024. During the period from 2010 to 2024, Mingzhu Logistics Days Of Inventory Outstanding regression line of annual values had r-squared of  0.1 and arithmetic mean of (54.55). View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
4.45
Current Value
4.68
Quarterly Volatility
163.69343867
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mingzhu Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mingzhu Logistics' main balance sheet or income statement drivers, such as Tax Provision of 436.1 K, Depreciation And Amortization of 1.6 M or Interest Expense of 576.3 K, as well as many indicators such as Price To Sales Ratio of 1.07, Dividend Yield of 0.0084 or PTB Ratio of 2.14. Mingzhu financial statements analysis is a perfect complement when working with Mingzhu Logistics Valuation or Volatility modules.
  
Check out the analysis of Mingzhu Logistics Correlation against competitors.

Latest Mingzhu Logistics' Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Mingzhu Logistics Holdings over the last few years. It is Mingzhu Logistics' Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mingzhu Logistics' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory Outstanding10 Years Trend
Slightly volatile
   Days Of Inventory Outstanding   
       Timeline  

Mingzhu Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean(54.55)
Geometric Mean5.19
Coefficient Of Variation(300.06)
Mean Deviation100.52
Median3.77
Standard Deviation163.69
Sample Variance26,796
Range590
R-Value(0.31)
Mean Square Error26,047
R-Squared0.1
Significance0.26
Slope(11.42)
Total Sum of Squares375,138

Mingzhu Days Of Inventory Outstanding History

2024 4.68
2023 4.45
2022 3.87
2021 -585.14
2020 -277.88
2019 1.51
2018 0.0655

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' Days Of Inventory Outstanding, 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 Mingzhu Logistics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 4.45  4.68 

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 Mingzhu Stock Analysis

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