BTC Inventory Turnover from 2010 to 2024

BTCTW Stock   0.08  0.01  20.49%   
BTC Digital 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
3.58
Current Value
5.83
Quarterly Volatility
1.0670267
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check BTC Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among BTC Digital's main balance sheet or income statement drivers, such as Tax Provision of 0.0, Interest Income of 950 or Interest Expense of 59.9 K, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.0 or PTB Ratio of 0.39. BTC financial statements analysis is a perfect complement when working with BTC Digital Valuation or Volatility modules.
  
Check out the analysis of BTC Digital Correlation against competitors.
For more information on how to buy BTC Stock please use our How to Invest in BTC Digital guide.

Latest BTC Digital's Inventory Turnover Growth Pattern

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

BTC Inventory Turnover Regression Statistics

Arithmetic Mean5.47
Geometric Mean5.35
Coefficient Of Variation19.51
Mean Deviation0.76
Median5.77
Standard Deviation1.07
Sample Variance1.14
Range3.8715
R-Value(0.42)
Mean Square Error1.01
R-Squared0.18
Significance0.12
Slope(0.10)
Total Sum of Squares15.94

BTC Inventory Turnover History

2024 5.83
2023 3.58
2022 3.11
2021 3.99
2020 6.65
2019 6.98

About BTC Digital Financial Statements

BTC Digital investors use historical fundamental indicators, such as BTC Digital'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 BTC Digital. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 3.58  5.83 

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Additional Tools for BTC Stock Analysis

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