Cars Days Of Inventory On Hand from 2010 to 2024

CARS Stock  USD 19.89  0.56  2.90%   
Cars Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand will likely drop to 19.90 in 2024. From the period from 2010 to 2024, Cars Days Of Inventory On Hand quarterly data regression had r-value of  0.57 and coefficient of variation of  115.14. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
23.94
Current Value
19.9
Quarterly Volatility
18.6373567
 
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Check Cars financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cars' main balance sheet or income statement drivers, such as Depreciation And Amortization of 92.1 M, Interest Expense of 21.5 M or Selling General Administrative of 114.9 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.18 or PTB Ratio of 2.7. Cars financial statements analysis is a perfect complement when working with Cars Valuation or Volatility modules.
  
Check out the analysis of Cars Correlation against competitors.

Latest Cars' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Cars Inc over the last few years. It is Cars' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cars' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Cars Days Of Inventory On Hand Regression Statistics

Arithmetic Mean16.19
Geometric Mean0.02
Coefficient Of Variation115.14
Mean Deviation15.11
Median19.90
Standard Deviation18.64
Sample Variance347.35
Range63.5315
R-Value0.57
Mean Square Error250.66
R-Squared0.33
Significance0.03
Slope2.39
Total Sum of Squares4,863

Cars Days Of Inventory On Hand History

2024 19.9
2023 23.94
2022 26.6
2021 24.96
2020 23.33
2019 23.93
2018 36.61

About Cars Financial Statements

Cars shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Cars investors may analyze each financial statement separately, they are all interrelated. The changes in Cars' assets and liabilities, for example, are also reflected in the revenues and expenses on on Cars' 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
Days Of Inventory On Hand 23.94  19.90 

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Additional Tools for Cars Stock Analysis

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