Above Inventory from 2010 to 2024

ABVE Stock   0.67  0.02  2.90%   
Above Food's Inventory is decreasing over the years with slightly volatile fluctuation. Overall, Inventory is expected to go to about 33.2 M this year. During the period from 2010 to 2024 Above Food Inventory annual values regression line had geometric mean of  46,734,264 and mean square error of 37.7 T. View All Fundamentals
 
Inventory  
First Reported
2010-12-31
Previous Quarter
26 M
Current Value
33.2 M
Quarterly Volatility
7.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Above Food financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Above Food's main balance sheet or income statement drivers, such as Other Operating Expenses of 431 M, Total Operating Expenses of 38 M or Tax Provision of 0.0, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0 or PTB Ratio of 8.8 K. Above financial statements analysis is a perfect complement when working with Above Food Valuation or Volatility modules.
  
Check out the analysis of Above Food Correlation against competitors.

Latest Above Food's Inventory Growth Pattern

Below is the plot of the Inventory of Above Food Ingredients over the last few years. It is Above Food's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Above Food's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Above Inventory Regression Statistics

Arithmetic Mean47,452,618
Geometric Mean46,734,264
Coefficient Of Variation15.61
Mean Deviation4,765,792
Median50,392,323
Standard Deviation7,407,659
Sample Variance54.9T
Range24.4M
R-Value(0.60)
Mean Square Error37.7T
R-Squared0.36
Significance0.02
Slope(997,645)
Total Sum of Squares768.2T

Above Inventory History

202433.2 M
202326 M
202247.9 M

Other Fundumenentals of Above Food Ingredients

Above Food Inventory component correlations

About Above Food Financial Statements

Above Food stakeholders use historical fundamental indicators, such as Above Food's Inventory, to determine how well the company is positioned to perform in the future. Although Above Food investors may analyze each financial statement separately, they are all interrelated. For example, changes in Above Food's assets and liabilities are reflected in the revenues and expenses on Above Food's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Above Food Ingredients. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory26 M33.2 M
Change To Inventory21.9 M23 M
Inventory Turnover 14.39  15.11 
Days Of Inventory On Hand 25.36  24.09 
Average Inventory33.3 M24.9 M
Days Of Inventory Outstanding 25.36  24.09 

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.
When determining whether Above Food Ingredients is a strong investment it is important to analyze Above Food's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Above Food's future performance. For an informed investment choice regarding Above Stock, refer to the following important reports:
Check out the analysis of Above Food Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Agricultural Products & Services 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 Above Food. If investors know Above 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 Above Food listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.52)
Revenue Per Share
4.753
Quarterly Revenue Growth
(0.23)
Return On Assets
(0.16)
The market value of Above Food Ingredients is measured differently than its book value, which is the value of Above that is recorded on the company's balance sheet. Investors also form their own opinion of Above Food's value that differs from its market value or its book value, called intrinsic value, which is Above Food'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 Above Food's market value can be influenced by many factors that don't directly affect Above Food'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 Above Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Above Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Above Food'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.