Safeplus Inventory Turnover from 2010 to 2024

BIPH Stock  USD 18.29  0.31  1.67%   
Safeplus International's Inventory Turnover is decreasing with slightly volatile movements from year to year. Inventory Turnover is estimated to finish at 29.46 this year. 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
26.30859375
Current Value
29.46
Quarterly Volatility
13.27183924
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Safeplus International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Safeplus International's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 433.6 M or Research Development of 3.1 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.042 or PTB Ratio of 2.1. Safeplus financial statements analysis is a perfect complement when working with Safeplus International Valuation or Volatility modules.
  
Check out the analysis of Safeplus International Correlation against competitors.

Latest Safeplus International's Inventory Turnover Growth Pattern

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

Safeplus Inventory Turnover Regression Statistics

Arithmetic Mean29.09
Geometric Mean26.30
Coefficient Of Variation45.63
Mean Deviation10.36
Median29.46
Standard Deviation13.27
Sample Variance176.14
Range50.8599
R-Value(0.47)
Mean Square Error148.12
R-Squared0.22
Significance0.08
Slope(1.39)
Total Sum of Squares2,466

Safeplus Inventory Turnover History

2024 29.46
2023 26.31
2022 19.79
2021 20.62
2020 29.63
2019 19.05
2018 15.66

About Safeplus International Financial Statements

Investors use fundamental indicators, such as Safeplus International's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Safeplus International's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Inventory Turnover 26.31  29.46 

Currently Active Assets on Macroaxis

When determining whether Safeplus International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Safeplus International'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 Safeplus International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Safeplus International Holdings Stock:
Check out the analysis of Safeplus International Correlation against competitors.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Health Care Equipment & Supplies 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 Safeplus International. If investors know Safeplus 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 Safeplus International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.09)
Revenue Per Share
0.004
Quarterly Revenue Growth
0.171
Return On Assets
(0.15)
The market value of Safeplus International is measured differently than its book value, which is the value of Safeplus that is recorded on the company's balance sheet. Investors also form their own opinion of Safeplus International's value that differs from its market value or its book value, called intrinsic value, which is Safeplus International'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 Safeplus International's market value can be influenced by many factors that don't directly affect Safeplus International'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 Safeplus International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safeplus International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safeplus International'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.