Sphere Inventory Turnover from 2010 to 2024

ANY Stock  USD 1.29  0.07  5.15%   
Sphere 3D 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
(0.74)
Current Value
(0.70)
Quarterly Volatility
269.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sphere 3D financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sphere 3D's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Interest Expense of 1.1 M or Selling General Administrative of 10.7 M, as well as many indicators such as Price To Sales Ratio of 1.75, Dividend Yield of 0.0019 or PTB Ratio of 0.95. Sphere financial statements analysis is a perfect complement when working with Sphere 3D Valuation or Volatility modules.
  
Check out the analysis of Sphere 3D Correlation against competitors.

Latest Sphere 3D's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Sphere 3D Corp 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. Sphere 3D's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sphere 3D'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  

Sphere Inventory Turnover Regression Statistics

Arithmetic Mean130,191
Coefficient Of Variation207.02
Mean Deviation208,302
Median4.73
Standard Deviation269,516
Sample Variance72.6B
Range650.9K
R-Value(0.69)
Mean Square Error40.5B
R-Squared0.48
Significance0
Slope(41,847)
Total Sum of Squares1T

Sphere Inventory Turnover History

2024 -0.7
2023 -0.74
2022 -0.64
2021 0.092
2020 4.66
2019 4.95
2018 5.98

About Sphere 3D Financial Statements

Sphere 3D investors use historical fundamental indicators, such as Sphere 3D'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 Sphere 3D. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover(0.74)(0.70)

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Additional Tools for Sphere Stock Analysis

When running Sphere 3D's price analysis, check to measure Sphere 3D'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 Sphere 3D is operating at the current time. Most of Sphere 3D's value examination focuses on studying past and present price action to predict the probability of Sphere 3D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sphere 3D's price. Additionally, you may evaluate how the addition of Sphere 3D to your portfolios can decrease your overall portfolio volatility.