Ardmore Inventory from 2010 to 2026

ASC Stock  USD 13.58  0.48  3.66%   
Ardmore Shpng's Inventory is increasing over the years with slightly volatile fluctuation. Inventory is expected to dwindle to about 8.7 M. During the period from 2010 to 2026 Ardmore Shpng Inventory annual values regression line had geometric mean of  4,889,787 and mean square error of 8.9 T. View All Fundamentals
 
Inventory  
First Reported
2011-12-31
Previous Quarter
10 M
Current Value
8.9 M
Quarterly Volatility
4.9 M
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Ardmore Shpng financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ardmore Shpng's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 M, Interest Expense of 14.5 M or Selling General Administrative of 15.8 M, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.029 or PTB Ratio of 0.91. Ardmore financial statements analysis is a perfect complement when working with Ardmore Shpng Valuation or Volatility modules.
  
Build AI portfolio with Ardmore Stock
Check out the analysis of Ardmore Shpng Correlation against competitors.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.
Analyzing Ardmore Shpng's Inventory over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Inventory has evolved provides context for assessing Ardmore Shpng's current valuation and future prospects.

Latest Ardmore Shpng's Inventory Growth Pattern

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

Ardmore Inventory Regression Statistics

Arithmetic Mean7,529,873
Geometric Mean4,889,787
Coefficient Of Variation65.65
Mean Deviation4,220,323
Median8,912,000
Standard Deviation4,943,457
Sample Variance24.4T
Range15.1M
R-Value0.81
Mean Square Error8.9T
R-Squared0.66
Significance0.000075
Slope795,017
Total Sum of Squares391T

Ardmore Inventory History

20268.7 M
20258.9 M
202411.3 M
202312.6 M
202215.7 M
202111.1 M
202010.3 M

Other Fundumenentals of Ardmore Shpng

Ardmore Shpng Inventory component correlations

About Ardmore Shpng Financial Statements

Ardmore Shpng stakeholders use historical fundamental indicators, such as Ardmore Shpng's Inventory, to determine how well the company is positioned to perform in the future. Although Ardmore Shpng investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ardmore Shpng's assets and liabilities are reflected in the revenues and expenses on Ardmore Shpng's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Ardmore Shpng. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory8.9 M8.7 M
Change To Inventory2.4 M2.5 M
Inventory Turnover 22.90  11.71 
Days Of Inventory On Hand 15.94  30.09 
Average Inventory9.2 MM
Days Of Inventory Outstanding 15.94  30.09 

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.
When determining whether Ardmore Shpng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ardmore Shpng's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ardmore Shpng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ardmore Shpng Stock:
Check out the analysis of Ardmore Shpng Correlation against competitors.
For information on how to trade Ardmore Stock refer to our How to Trade Ardmore Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Will Oil & Gas Storage & Transportation sector continue expanding? Could Ardmore diversify its offerings? Factors like these will boost the valuation of Ardmore Shpng. If investors know Ardmore will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ardmore Shpng data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.878
Dividend Share
0.31
Earnings Share
0.88
Revenue Per Share
7.636
Quarterly Revenue Growth
0.011
Investors evaluate Ardmore Shpng using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Ardmore Shpng's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Ardmore Shpng's market price to deviate significantly from intrinsic value.
Understanding that Ardmore Shpng's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Ardmore Shpng represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Ardmore Shpng's market price signifies the transaction level at which participants voluntarily complete trades.