Aldeyra Inventory Turnover from 2010 to 2024

ALDX Stock  USD 4.94  0.14  2.92%   
Aldeyra Inventory Turnover yearly trend continues to be fairly 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
(0.09)
Current Value
(0.09)
Quarterly Volatility
0.03443993
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Aldeyra financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Aldeyra's main balance sheet or income statement drivers, such as Depreciation And Amortization of 275.9 K, Interest Expense of 2.2 M or Selling General Administrative of 8.1 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.62. Aldeyra financial statements analysis is a perfect complement when working with Aldeyra Valuation or Volatility modules.
  
Check out the analysis of Aldeyra Correlation against competitors.
For more information on how to buy Aldeyra Stock please use our How to Invest in Aldeyra guide.

Latest Aldeyra's Inventory Turnover Growth Pattern

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

Aldeyra Inventory Turnover Regression Statistics

Arithmetic Mean(0.02)
Coefficient Of Variation(173.30)
Mean Deviation0.03
Median(0)
Standard Deviation0.03
Sample Variance0
Range0.0897
R-Value(0.69)
Mean Square Error0.0007
R-Squared0.48
Significance0
Slope(0.01)
Total Sum of Squares0.02

Aldeyra Inventory Turnover History

2024 -0.0872
2023 -0.0918
2022 -0.0798
2021 -0.002113
2020 -0.002782

About Aldeyra Financial Statements

Aldeyra investors use historical fundamental indicators, such as Aldeyra'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 Aldeyra. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover(0.09)(0.09)

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.

Additional Tools for Aldeyra Stock Analysis

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