Zimmer Days Of Inventory On Hand from 2010 to 2024

ZBH Stock  USD 112.10  0.08  0.07%   
Zimmer Biomet's Days Of Inventory On Hand is increasing with slightly volatile movements from year to year. Days Of Inventory On Hand is predicted to flatten to 261.70. For the period between 2010 and 2024, Zimmer Biomet, Days Of Inventory On Hand quarterly trend regression had mean deviation of  53.13 and range of 250. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
417.79345427
Current Value
261.7
Quarterly Volatility
66.68473664
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zimmer Biomet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zimmer Biomet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 999.3 M, Interest Expense of 141.5 M or Selling General Administrative of 2 B, as well as many indicators such as Price To Sales Ratio of 4.51, Dividend Yield of 0.0157 or PTB Ratio of 1.93. Zimmer financial statements analysis is a perfect complement when working with Zimmer Biomet Valuation or Volatility modules.
  
Check out the analysis of Zimmer Biomet Correlation against competitors.

Latest Zimmer Biomet's Days Of Inventory On Hand Growth Pattern

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

Zimmer Days Of Inventory On Hand Regression Statistics

Arithmetic Mean348.29
Geometric Mean341.70
Coefficient Of Variation19.15
Mean Deviation53.13
Median356.26
Standard Deviation66.68
Sample Variance4,447
Range250
R-Value0.47
Mean Square Error3,725
R-Squared0.22
Significance0.08
Slope7.03
Total Sum of Squares62,256

Zimmer Days Of Inventory On Hand History

2024 261.7
2023 417.79
2022 388.08
2021 399.93
2020 420.29
2019 386.45
2018 362.53

About Zimmer Biomet Financial Statements

Investors use fundamental indicators, such as Zimmer Biomet's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Zimmer Biomet's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 417.79  261.70 

Currently Active Assets on Macroaxis

When determining whether Zimmer Biomet Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zimmer Biomet's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Zimmer Biomet Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zimmer Biomet Holdings Stock:
Check out the analysis of Zimmer Biomet Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zimmer Biomet. If investors know Zimmer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zimmer Biomet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.597
Dividend Share
0.96
Earnings Share
5.24
Revenue Per Share
37.006
Quarterly Revenue Growth
0.04
The market value of Zimmer Biomet Holdings is measured differently than its book value, which is the value of Zimmer that is recorded on the company's balance sheet. Investors also form their own opinion of Zimmer Biomet's value that differs from its market value or its book value, called intrinsic value, which is Zimmer Biomet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zimmer Biomet's market value can be influenced by many factors that don't directly affect Zimmer Biomet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zimmer Biomet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zimmer Biomet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zimmer Biomet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.