Addus Inventory Turnover from 2010 to 2024

ADUS Stock  USD 122.95  1.37  1.10%   
Addus HomeCare Inventory Turnover yearly trend continues to be comparatively 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
207.16
Current Value
217.51
Quarterly Volatility
102.12599432
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Addus HomeCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Addus HomeCare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.1 M, Interest Expense of 11.7 M or Selling General Administrative of 246.5 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0578 or PTB Ratio of 1.42. Addus financial statements analysis is a perfect complement when working with Addus HomeCare Valuation or Volatility modules.
  
Check out the analysis of Addus HomeCare Correlation against competitors.
For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.

Latest Addus HomeCare's Inventory Turnover Growth Pattern

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

Addus Inventory Turnover Regression Statistics

Arithmetic Mean145.81
Geometric Mean93.91
Coefficient Of Variation70.04
Mean Deviation96.48
Median217.51
Standard Deviation102.13
Sample Variance10,430
Range206
R-Value0.83
Mean Square Error3,449
R-Squared0.69
Significance0.0001
Slope19.01
Total Sum of Squares146,016

Addus Inventory Turnover History

2024 217.51
2023 207.16
2016 230.17
2015 28.41
2014 26.94
2013 23.81

About Addus HomeCare Financial Statements

Addus HomeCare shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Addus HomeCare investors may analyze each financial statement separately, they are all interrelated. The changes in Addus HomeCare's assets and liabilities, for example, are also reflected in the revenues and expenses on on Addus HomeCare'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
Inventory Turnover 207.16  217.51 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Addus Stock Analysis

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