ASE Inventory Turnover from 2010 to 2024

ASX Stock  USD 9.88  0.07  0.71%   
ASE Industrial 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
7.74650244
Current Value
8.54
Quarterly Volatility
1.28663805
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ASE Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASE Industrial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.3 B, Interest Expense of 6.7 B or Selling General Administrative of 10.4 B, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0331 or PTB Ratio of 2.12. ASE financial statements analysis is a perfect complement when working with ASE Industrial Valuation or Volatility modules.
  
Check out the analysis of ASE Industrial Correlation against competitors.

Latest ASE Industrial's Inventory Turnover Growth Pattern

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

ASE Inventory Turnover Regression Statistics

Arithmetic Mean6.17
Geometric Mean6.05
Coefficient Of Variation20.84
Mean Deviation1.10
Median6.28
Standard Deviation1.29
Sample Variance1.66
Range3.9409
R-Value0.59
Mean Square Error1.17
R-Squared0.35
Significance0.02
Slope0.17
Total Sum of Squares23.18

ASE Inventory Turnover History

2024 8.54
2023 7.75
2022 5.77
2021 6.28
2020 6.44
2019 7.7
2018 6.64

About ASE Industrial Financial Statements

ASE Industrial investors use historical fundamental indicators, such as ASE Industrial'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 ASE Industrial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 7.75  8.54 

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Additional Tools for ASE Stock Analysis

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