Abacus Inventory Turnover from 2010 to 2024

ABLLW Stock   1.15  0.23  16.67%   
Abacus Life 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
59.77
Current Value
62.76
Quarterly Volatility
30.26186531
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Abacus Life financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Abacus Life's main balance sheet or income statement drivers, such as Tax Provision of 1.5 M, Interest Income of 624.5 K or Depreciation And Amortization of 4.7 M, as well as many indicators such as Price To Sales Ratio of 16.75, Dividend Yield of 7.0E-4 or PTB Ratio of 3.39. Abacus financial statements analysis is a perfect complement when working with Abacus Life Valuation or Volatility modules.
  
Check out the analysis of Abacus Life Correlation against competitors.
For more information on how to buy Abacus Stock please use our How to Invest in Abacus Life guide.

Latest Abacus Life's Inventory Turnover Growth Pattern

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

Abacus Inventory Turnover Regression Statistics

Arithmetic Mean15.42
Coefficient Of Variation196.30
Mean Deviation25.83
Median(2.19)
Standard Deviation30.26
Sample Variance915.78
Range68.6063
R-Value0.76
Mean Square Error413.47
R-Squared0.58
Significance0.001
Slope5.16
Total Sum of Squares12,821

Abacus Inventory Turnover History

2024 62.76
2023 59.77
2021 66.41

About Abacus Life Financial Statements

Abacus Life investors use historical fundamental indicators, such as Abacus Life'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 Abacus Life. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 59.77  62.76 

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Additional Tools for Abacus Stock Analysis

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