Azek Inventory from 2010 to 2024

AZEK Stock  USD 49.81  1.59  3.30%   
Azek Inventory yearly trend continues to be quite stable with very little volatility. The value of Inventory is projected to decrease to about 170.5 M. From the period between 2010 and 2024, Azek, Inventory regression line of its data series had standard deviation of  64,149,038 and standard deviation of  64,149,038. View All Fundamentals
 
Inventory  
First Reported
2019-09-30
Previous Quarter
204.9 M
Current Value
223.7 M
Quarterly Volatility
66.8 M
 
Covid
Check Azek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Azek's main balance sheet or income statement drivers, such as Interest Expense of 38.5 M, Other Operating Expenses of 857.8 M or Net Income Applicable To Common Shares of 82.1 M, as well as many indicators such as Price To Sales Ratio of 4.85, Dividend Yield of 0.0 or PTB Ratio of 5.54. Azek financial statements analysis is a perfect complement when working with Azek Valuation or Volatility modules.
  
Check out the analysis of Azek Correlation against competitors.

Latest Azek's Inventory Growth Pattern

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

Azek Inventory Regression Statistics

Arithmetic Mean144,785,683
Geometric Mean132,476,489
Coefficient Of Variation44.31
Mean Deviation50,690,777
Median110,899,000
Standard Deviation64,149,038
Sample Variance4115.1T
Range254M
R-Value0.78
Mean Square Error1735.4T
R-Squared0.61
Significance0.0006
Slope11,188,613
Total Sum of Squares57611.4T

Azek Inventory History

2024170.5 M
2023223.7 M
2022221.1 M
2021299.9 M
2020188.9 M
2019130.1 M
2018115.4 M

Other Fundumenentals of Azek Company

About Azek Financial Statements

Azek investors utilize fundamental indicators, such as Inventory, to predict how Azek 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
Inventory223.7 M170.5 M
Change To Inventory-47.5 M-45.2 M
Inventory Turnover 4.02  4.74 
Days Of Inventory On Hand 90.75  68.94 
Days Of Inventory Outstanding 90.75  68.94 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Azek Company 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 Azek 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 Azek Company Stock. Highlighted below are key reports to facilitate an investment decision about Azek Company Stock:
Check out the analysis of Azek Correlation against competitors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Building Products 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 Azek. If investors know Azek 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. All the valuation information about Azek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.478
Earnings Share
1.04
Revenue Per Share
10.094
Quarterly Revenue Growth
0.121
Return On Assets
0.0603
The market value of Azek Company is measured differently than its book value, which is the value of Azek that is recorded on the company's balance sheet. Investors also form their own opinion of Azek's value that differs from its market value or its book value, called intrinsic value, which is Azek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Azek's market value can be influenced by many factors that don't directly affect Azek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Azek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azek's 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.