China Average Inventory from 2010 to 2024

CAAS Stock  USD 4.31  0.04  0.92%   
China Automotive Average Inventory yearly trend continues to be comparatively stable with very little volatility. Average Inventory will likely drop to about 23.7 M in 2024. Average Inventory is the average amount of inventory China Automotive Systems holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
42.8 M
Current Value
23.7 M
Quarterly Volatility
10.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check China Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among China Automotive's main balance sheet or income statement drivers, such as Interest Expense of 2 M, Other Operating Expenses of 305.6 M or Operating Income of 20.5 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 5.0E-4 or PTB Ratio of 0.27. China financial statements analysis is a perfect complement when working with China Automotive Valuation or Volatility modules.
  
Check out the analysis of China Automotive Correlation against competitors.

Latest China Automotive's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of China Automotive Systems over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. China Automotive's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in China Automotive's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Very volatile
   Average Inventory   
       Timeline  

China Average Inventory Regression Statistics

Arithmetic Mean43,100,350
Geometric Mean41,039,458
Coefficient Of Variation24.32
Mean Deviation6,714,012
Median47,574,596
Standard Deviation10,482,277
Sample Variance109.9T
Range35.1M
R-Value0.11
Mean Square Error117T
R-Squared0.01
Significance0.70
Slope250,414
Total Sum of Squares1538.3T

China Average Inventory History

202423.7 M
202342.8 M
201247.6 M
201144.2 M
201012.4 M

About China Automotive Financial Statements

China Automotive shareholders use historical fundamental indicators, such as Average Inventory, to determine how well the company is positioned to perform in the future. Although China Automotive investors may analyze each financial statement separately, they are all interrelated. The changes in China Automotive's assets and liabilities, for example, are also reflected in the revenues and expenses on on China Automotive's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Average Inventory42.8 M23.7 M

Thematic Opportunities

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Additional Tools for China Stock Analysis

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