Argan Days Of Inventory On Hand from 2010 to 2024

AGX Stock  USD 157.02  1.61  1.01%   
Argan Days Of Inventory On Hand yearly trend continues to be fairly stable with very little volatility. Days Of Inventory On Hand will likely drop to 7.00 in 2024. During the period from 2010 to 2024, Argan Days Of Inventory On Hand regression line of annual values had r-squared of  0.12 and arithmetic mean of  9.47. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
7.36994249
Current Value
7
Quarterly Volatility
28.94566944
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Argan financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Argan's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 7.8 M or Total Revenue of 602 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 0.0228 or PTB Ratio of 3.36. Argan financial statements analysis is a perfect complement when working with Argan Valuation or Volatility modules.
  
Check out the analysis of Argan Correlation against competitors.

Latest Argan's Days Of Inventory On Hand Growth Pattern

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

Argan Days Of Inventory On Hand Regression Statistics

Arithmetic Mean9.47
Geometric Mean0
Coefficient Of Variation305.63
Mean Deviation14.15
Median0.66
Standard Deviation28.95
Sample Variance837.85
Range113
R-Value(0.35)
Mean Square Error791.80
R-Squared0.12
Significance0.20
Slope(2.27)
Total Sum of Squares11,730

Argan Days Of Inventory On Hand History

2024 7.0
2023 7.37
2022 11.78
2018 0.66
2017null
2011 1.0E-6
2010 113.28

About Argan Financial Statements

Argan investors use historical fundamental indicators, such as Argan's Days Of Inventory On Hand, 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 Argan. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 7.37  7.00 

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Additional Tools for Argan Stock Analysis

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