Central Change To Inventory from 2010 to 2024

CENTA Stock  USD 32.89  0.85  2.65%   
Central Garden's Change To Inventory is increasing over the years with very volatile fluctuation. Overall, Change To Inventory is expected to go to about 82.2 M this year. Change To Inventory is the increase or decrease in the amount of inventory Central Garden Pet has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1993-03-31
Previous Quarter
33.5 M
Current Value
118 M
Quarterly Volatility
47.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Central Garden financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Central Garden's main balance sheet or income statement drivers, such as Depreciation And Amortization of 168.5 M, Interest Expense of 36.4 M or Selling General Administrative of 300.9 M, as well as many indicators such as Price To Sales Ratio of 0.0442, Dividend Yield of 0.0029 or PTB Ratio of 0.42. Central financial statements analysis is a perfect complement when working with Central Garden Valuation or Volatility modules.
  
Check out the analysis of Central Garden Correlation against competitors.

Latest Central Garden's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Central Garden Pet over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Central Garden's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Central Garden's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Very volatile
   Change To Inventory   
       Timeline  

Central Change To Inventory Regression Statistics

Arithmetic Mean(9,976,727)
Coefficient Of Variation(897.33)
Mean Deviation57,519,782
Median(3,696,000)
Standard Deviation89,524,229
Sample Variance8014.6T
Range343.4M
R-Value0.04
Mean Square Error8619.7T
R-Squared0
Significance0.90
Slope726,356
Total Sum of Squares112204.2T

Central Change To Inventory History

202482.2 M
202378.3 M
202287 M
2021-256.4 M
2020-132.2 M
201927.4 M
2018-3.7 M

About Central Garden Financial Statements

Central Garden stakeholders use historical fundamental indicators, such as Central Garden's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Central Garden investors may analyze each financial statement separately, they are all interrelated. For example, changes in Central Garden's assets and liabilities are reflected in the revenues and expenses on Central Garden'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 Central Garden Pet. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory78.3 M82.2 M

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 Central Garden Pet offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Central Garden's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Central Garden Pet Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Central Garden Pet Stock:
Check out the analysis of Central Garden Correlation against competitors.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Household Products 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 Central Garden. If investors know Central 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 Central Garden 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
(0.05)
Earnings Share
2.17
Revenue Per Share
62.57
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0446
The market value of Central Garden Pet is measured differently than its book value, which is the value of Central that is recorded on the company's balance sheet. Investors also form their own opinion of Central Garden's value that differs from its market value or its book value, called intrinsic value, which is Central Garden'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 Central Garden's market value can be influenced by many factors that don't directly affect Central Garden'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 Central Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Central Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Central Garden'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.