Cheche Inventory Turnover from 2010 to 2024

CCGWW Stock   0.02  0  5.26%   
Cheche Group Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 123.22 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
167.29
Current Value
123.22
Quarterly Volatility
19.44283982
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cheche Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cheche Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.9 M, Interest Expense of 1.4 M or Selling General Administrative of 146.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Ptb Ratio of 0.0 or Days Sales Outstanding of 66.34. Cheche financial statements analysis is a perfect complement when working with Cheche Group Valuation or Volatility modules.
  
Check out the analysis of Cheche Group Correlation against competitors.

Latest Cheche Group's Inventory Turnover Growth Pattern

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

Cheche Inventory Turnover Regression Statistics

Arithmetic Mean129.49
Geometric Mean128.37
Coefficient Of Variation15.01
Mean Deviation12.56
Median122.16
Standard Deviation19.44
Sample Variance378.02
Range63.7188
R-Value0.49
Mean Square Error309.27
R-Squared0.24
Significance0.06
Slope2.13
Total Sum of Squares5,292

Cheche Inventory Turnover History

2024 123.22
2023 167.29
2022 185.88

About Cheche Group Financial Statements

Cheche Group investors use historical fundamental indicators, such as Cheche Group'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 Cheche Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 167.29  123.22 

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Additional Tools for Cheche Stock Analysis

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