Anika Average Inventory from 2010 to 2026

ANIK Stock  USD 10.21  0.15  1.49%   
Anika Therapeutics Average Inventory yearly trend continues to be quite stable with very little volatility. Average Inventory may rise above about 11.1 M this year. Average Inventory is the average amount of inventory Anika Therapeutics 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
10.5 M
Current Value
11.1 M
Quarterly Volatility
1.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Anika Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Anika Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.8 M, Interest Expense of 2.8 M or Selling General Administrative of 67.1 M, as well as many indicators such as Price To Sales Ratio of 3.32, Dividend Yield of 0.0 or PTB Ratio of 1.71. Anika financial statements analysis is a perfect complement when working with Anika Therapeutics Valuation or Volatility modules.
  
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Check out the analysis of Anika Therapeutics Correlation against competitors.
For more information on how to buy Anika Stock please use our How to buy in Anika Stock guide.
Historical Average Inventory data for Anika Therapeutics serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Anika Therapeutics represents a compelling investment opportunity.

Latest Anika Therapeutics' Average Inventory Growth Pattern

Below is the plot of the Average Inventory of Anika Therapeutics 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. Anika Therapeutics' Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Anika Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Anika Average Inventory Regression Statistics

Arithmetic Mean10,626,722
Geometric Mean10,405,696
Coefficient Of Variation18.27
Mean Deviation1,442,012
Median11,701,780
Standard Deviation1,940,989
Sample Variance3.8T
Range6.6M
R-Value0.64
Mean Square Error2.4T
R-Squared0.41
Significance0.01
Slope246,192
Total Sum of Squares60.3T

Anika Average Inventory History

202611.1 M
202510.5 M
201411.7 M
20139.6 M
20117.8 M
20105.1 M

About Anika Therapeutics Financial Statements

Anika Therapeutics investors utilize fundamental indicators, such as Average Inventory, to predict how Anika Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Average Inventory10.5 M11.1 M

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When determining whether Anika Therapeutics is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Anika Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Anika Therapeutics Stock. Highlighted below are key reports to facilitate an investment decision about Anika Therapeutics Stock:
Check out the analysis of Anika Therapeutics Correlation against competitors.
For more information on how to buy Anika Stock please use our How to buy in Anika Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Anika Therapeutics. If investors know Anika will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Anika Therapeutics assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
(0.51)
Earnings Share
(0.99)
Revenue Per Share
7.826
Quarterly Revenue Growth
(0.06)
Return On Assets
(0.04)
Anika Therapeutics's market price often diverges from its book value, the accounting figure shown on Anika's balance sheet. Smart investors calculate Anika Therapeutics' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Since Anika Therapeutics' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that Anika Therapeutics' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Anika Therapeutics represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, Anika Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.