Cemtrex Average Inventory from 2010 to 2024

CETX Stock  USD 3.18  0.03  0.93%   
Cemtrex Average Inventory yearly trend continues to be fairly stable with very little volatility. Average Inventory will likely drop to about 5.8 M in 2024. Average Inventory is the average amount of inventory Cemtrex 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
8.2 M
Current Value
5.8 M
Quarterly Volatility
3.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cemtrex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemtrex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.5 K, Interest Expense of 6 M or Total Revenue of 45.7 M, as well as many indicators such as Price To Sales Ratio of 126, Dividend Yield of 0.0 or PTB Ratio of 1.2 K. Cemtrex financial statements analysis is a perfect complement when working with Cemtrex Valuation or Volatility modules.
  
Check out the analysis of Cemtrex Correlation against competitors.
For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.

Latest Cemtrex's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of Cemtrex 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. Cemtrex's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cemtrex's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Cemtrex Average Inventory Regression Statistics

Arithmetic Mean6,789,087
Geometric Mean5,457,763
Coefficient Of Variation53.48
Mean Deviation2,650,956
Median6,319,922
Standard Deviation3,631,131
Sample Variance13.2T
Range15.3M
R-Value0.44
Mean Square Error11.5T
R-Squared0.19
Significance0.10
Slope354,270
Total Sum of Squares184.6T

Cemtrex Average Inventory History

20245.8 M
20238.2 M
20229.1 M
20217.6 M
20206.2 M
2019M

About Cemtrex Financial Statements

Cemtrex investors use historical fundamental indicators, such as Cemtrex's Average Inventory, 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 Cemtrex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory8.2 M5.8 M

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Additional Tools for Cemtrex Stock Analysis

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