Alpha Inventory Turnover from 2010 to 2024

APT Stock  USD 5.44  0.03  0.55%   
Alpha Pro Inventory Turnover yearly trend continues to be comparatively 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
1.90765486
Current Value
2.7
Quarterly Volatility
0.60370644
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alpha Pro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alpha Pro's main balance sheet or income statement drivers, such as Depreciation And Amortization of 639.9 K, Interest Expense of 899.6 K or Selling General Administrative of 12.8 M, as well as many indicators such as Price To Sales Ratio of 1.28, Dividend Yield of 0.0 or PTB Ratio of 0.97. Alpha financial statements analysis is a perfect complement when working with Alpha Pro Valuation or Volatility modules.
  
Check out the analysis of Alpha Pro Correlation against competitors.

Latest Alpha Pro's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Alpha Pro Tech 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. Alpha Pro's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alpha Pro's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Very volatile
   Inventory Turnover   
       Timeline  

Alpha Inventory Turnover Regression Statistics

Arithmetic Mean2.26
Geometric Mean2.18
Coefficient Of Variation26.74
Mean Deviation0.55
Median1.95
Standard Deviation0.60
Sample Variance0.36
Range1.7355
R-Value0.09
Mean Square Error0.39
R-Squared0.01
Significance0.75
Slope0.01
Total Sum of Squares5.10

Alpha Inventory Turnover History

2024 2.7
2023 1.91
2022 1.65
2021 1.74
2020 3.12
2019 2.63
2018 2.93

About Alpha Pro Financial Statements

Alpha Pro shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Alpha Pro investors may analyze each financial statement separately, they are all interrelated. The changes in Alpha Pro's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alpha Pro'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
Inventory Turnover 1.91  2.70 

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Additional Tools for Alpha Stock Analysis

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