Boyd Inventory Turnover from 2010 to 2024
BYD Stock | USD 71.52 0.24 0.33% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 95.5296733 | Current Value 92.54 | Quarterly Volatility 15.60652277 |
Check Boyd Gaming financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Boyd Gaming's main balance sheet or income statement drivers, such as Depreciation And Amortization of 189.4 M, Interest Expense of 170.1 M or Selling General Administrative of 334.7 M, as well as many indicators such as Price To Sales Ratio of 1.78, Dividend Yield of 0.0147 or PTB Ratio of 2.02. Boyd financial statements analysis is a perfect complement when working with Boyd Gaming Valuation or Volatility modules.
Boyd | Inventory Turnover |
Latest Boyd Gaming's Inventory Turnover Growth Pattern
Below is the plot of the Inventory Turnover of Boyd Gaming 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. Boyd Gaming's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Boyd Gaming's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover | 10 Years Trend |
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Inventory Turnover |
Timeline |
Boyd Inventory Turnover Regression Statistics
Arithmetic Mean | 72.97 | |
Geometric Mean | 71.26 | |
Coefficient Of Variation | 21.39 | |
Mean Deviation | 11.42 | |
Median | 71.30 | |
Standard Deviation | 15.61 | |
Sample Variance | 243.56 | |
Range | 54.2988 | |
R-Value | 0.32 | |
Mean Square Error | 236.13 | |
R-Squared | 0.1 | |
Significance | 0.25 | |
Slope | 1.10 | |
Total Sum of Squares | 3,410 |
Boyd Inventory Turnover History
About Boyd Gaming Financial Statements
Boyd Gaming stakeholders use historical fundamental indicators, such as Boyd Gaming's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Boyd Gaming investors may analyze each financial statement separately, they are all interrelated. For example, changes in Boyd Gaming's assets and liabilities are reflected in the revenues and expenses on Boyd Gaming's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Boyd Gaming. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Inventory Turnover | 95.53 | 92.54 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:Check out the analysis of Boyd Gaming Correlation against competitors. For information on how to trade Boyd Stock refer to our How to Trade Boyd Stock guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Hotels, Restaurants & Leisure 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 Boyd Gaming. If investors know Boyd 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 Boyd Gaming 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 0.065 | Dividend Share 0.67 | Earnings Share 5.26 | Revenue Per Share 40.123 | Quarterly Revenue Growth 0.064 |
The market value of Boyd Gaming is measured differently than its book value, which is the value of Boyd that is recorded on the company's balance sheet. Investors also form their own opinion of Boyd Gaming's value that differs from its market value or its book value, called intrinsic value, which is Boyd Gaming'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 Boyd Gaming's market value can be influenced by many factors that don't directly affect Boyd Gaming'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 Boyd Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boyd Gaming is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boyd Gaming'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.