AstroNova Average Inventory from 2010 to 2024

ALOT Stock  USD 14.86  0.09  0.61%   
AstroNova Average Inventory yearly trend continues to be comparatively stable with very little volatility. Average Inventory will likely drop to about 9.1 M in 2024. Average Inventory is the average amount of inventory AstroNova 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
11.4 M
Current Value
9.1 M
Quarterly Volatility
1.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AstroNova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AstroNova's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 2.8 M or Selling General Administrative of 8.4 M, as well as many indicators such as Price To Sales Ratio of 1.19, Dividend Yield of 0.0055 or PTB Ratio of 1.64. AstroNova financial statements analysis is a perfect complement when working with AstroNova Valuation or Volatility modules.
  
Check out the analysis of AstroNova Correlation against competitors.
For more information on how to buy AstroNova Stock please use our How to Invest in AstroNova guide.

Latest AstroNova's Average Inventory Growth Pattern

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

AstroNova Average Inventory Regression Statistics

Arithmetic Mean12,339,045
Geometric Mean12,285,528
Coefficient Of Variation9.12
Mean Deviation718,668
Median12,653,800
Standard Deviation1,125,335
Sample Variance1.3T
Range5.2M
R-Value(0.45)
Mean Square Error1.1T
R-Squared0.20
Significance0.09
Slope(113,709)
Total Sum of Squares17.7T

AstroNova Average Inventory History

20249.1 M
202311.4 M
201212.7 M
201114.3 M
201011.2 M

About AstroNova Financial Statements

AstroNova shareholders use historical fundamental indicators, such as Average Inventory, to determine how well the company is positioned to perform in the future. Although AstroNova investors may analyze each financial statement separately, they are all interrelated. The changes in AstroNova's assets and liabilities, for example, are also reflected in the revenues and expenses on on AstroNova'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 Inventory11.4 M9.1 M

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Additional Tools for AstroNova Stock Analysis

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