Boyd Inventory Turnover from 2010 to 2024

BYD Stock  USD 71.52  0.24  0.33%   
Boyd Gaming's Inventory Turnover is increasing over the years with slightly volatile fluctuation. Inventory Turnover is expected to dwindle to 92.54. 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
95.5296733
Current Value
92.54
Quarterly Volatility
15.60652277
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
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.

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 Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Boyd Inventory Turnover Regression Statistics

Arithmetic Mean72.97
Geometric Mean71.26
Coefficient Of Variation21.39
Mean Deviation11.42
Median71.30
Standard Deviation15.61
Sample Variance243.56
Range54.2988
R-Value0.32
Mean Square Error236.13
R-Squared0.1
Significance0.25
Slope1.10
Total Sum of Squares3,410

Boyd Inventory Turnover History

2024 92.54
2023 95.53
2022 70.59
2021 71.3
2020 45.86
2019 78.56
2018 66.6

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 ReportedProjected 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.