Butterfly Inventory Turnover from 2010 to 2024

BFLY Stock  USD 3.29  0.03  0.90%   
Butterfly Network Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 0.64 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
0.67163321
Current Value
0.64
Quarterly Volatility
1.53990734
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Butterfly Network financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Butterfly Network's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Tax Provision of 62.5 K or Net Interest Income of 7.8 M, as well as many indicators such as Price To Sales Ratio of 3.2, Dividend Yield of 0.0 or PTB Ratio of 0.72. Butterfly financial statements analysis is a perfect complement when working with Butterfly Network Valuation or Volatility modules.
  
Check out the analysis of Butterfly Network Correlation against competitors.
For more information on how to buy Butterfly Stock please use our How to Invest in Butterfly Network guide.

Latest Butterfly Network's Inventory Turnover Growth Pattern

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

Butterfly Inventory Turnover Regression Statistics

Arithmetic Mean0.95
Geometric Mean0.44
Coefficient Of Variation161.33
Mean Deviation1.03
Median0.21
Standard Deviation1.54
Sample Variance2.37
Range4.9254
R-Value0.35
Mean Square Error2.25
R-Squared0.12
Significance0.20
Slope0.12
Total Sum of Squares33.20

Butterfly Inventory Turnover History

2024 0.64
2023 0.67
2022 0.57
2021 1.26
2020 4.16
2019 5.13

About Butterfly Network Financial Statements

Butterfly Network investors use historical fundamental indicators, such as Butterfly Network'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 Butterfly Network. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 0.67  0.64 

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Additional Tools for Butterfly Stock Analysis

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