Argan Inventory Turnover from 2010 to 2024

AGX Stock  USD 158.63  4.55  2.95%   
Argan Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 34.00 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
49.52548823
Current Value
34
Quarterly Volatility
240.76811997
 
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 Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Argan Inc 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. Argan's Inventory Turnover 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.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Argan Inventory Turnover Regression Statistics

Arithmetic Mean414.90
Geometric Mean229.55
Coefficient Of Variation58.03
Mean Deviation205.58
Median555.07
Standard Deviation240.77
Sample Variance57,969
Range552
R-Value(0.36)
Mean Square Error54,304
R-Squared0.13
Significance0.19
Slope(19.42)
Total Sum of Squares811,570

Argan Inventory Turnover History

2024 34.0
2023 49.53
2022 30.97
2011 555.07
2010 3.22

About Argan Financial Statements

Argan investors use historical fundamental indicators, such as Argan'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 Argan. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 49.53  34.00 

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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.