Synalloy Average Inventory from 2010 to 2024

ACNT Stock  USD 10.84  0.04  0.37%   
Synalloy Average Inventory yearly trend continues to be comparatively stable with very little volatility. Average Inventory is likely to outpace its year average in 2024. Average Inventory is the average amount of inventory Synalloy holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
83.8 M
Current Value
88 M
Quarterly Volatility
21.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synalloy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synalloy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 4.4 M or Total Revenue of 167.4 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.029 or PTB Ratio of 1.65. Synalloy financial statements analysis is a perfect complement when working with Synalloy Valuation or Volatility modules.
  
Check out the analysis of Synalloy Correlation against competitors.
For more information on how to buy Synalloy Stock please use our How to Invest in Synalloy guide.

Latest Synalloy's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of Synalloy over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. Synalloy's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Synalloy's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Synalloy Average Inventory Regression Statistics

Arithmetic Mean73,904,688
Geometric Mean70,068,305
Coefficient Of Variation29.36
Mean Deviation18,616,925
Median83,846,781
Standard Deviation21,699,870
Sample Variance470.9T
Range65.7M
R-Value0.85
Mean Square Error138.9T
R-Squared0.73
Significance0.000055
Slope4,134,723
Total Sum of Squares6592.4T

Synalloy Average Inventory History

202488 M
202383.8 M
201793.2 M
201262.3 M
201138.7 M
201027.5 M

About Synalloy Financial Statements

Synalloy shareholders use historical fundamental indicators, such as Average Inventory, to determine how well the company is positioned to perform in the future. Although Synalloy investors may analyze each financial statement separately, they are all interrelated. The changes in Synalloy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Synalloy'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
Average Inventory83.8 M88 M

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Additional Tools for Synalloy Stock Analysis

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