CODX Days Of Inventory On Hand from 2010 to 2024

CODX Stock  USD 0.94  0.01  1.08%   
Co Diagnostics Days Of Inventory On Hand yearly trend continues to be fairly stable with very little volatility. Days Of Inventory On Hand will likely drop to 137.93 in 2024. During the period from 2010 to 2024, Co Diagnostics Days Of Inventory On Hand regression line of annual values had r-squared of  0.76 and arithmetic mean of  5,993. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
145.19283867
Current Value
137.93
Quarterly Volatility
5.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Co Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Co Diagnostics' main balance sheet or income statement drivers, such as Interest Expense of 18 M, Selling General Administrative of 15 M or Total Revenue of 6.5 M, as well as many indicators such as Price To Sales Ratio of 5.44, Dividend Yield of 0.0 or PTB Ratio of 0.43. CODX financial statements analysis is a perfect complement when working with Co Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Co Diagnostics Correlation against competitors.
For more information on how to buy CODX Stock please use our How to Invest in Co Diagnostics guide.

Latest Co Diagnostics' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Co Diagnostics over the last few years. It is Co Diagnostics' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Co Diagnostics' 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  

CODX Days Of Inventory On Hand Regression Statistics

Arithmetic Mean5,993
Geometric Mean1,811
Coefficient Of Variation91.74
Mean Deviation5,298
Median10,960
Standard Deviation5,498
Sample Variance30.2M
Range10.9K
R-Value(0.87)
Mean Square Error7.7M
R-Squared0.76
Significance0.000022
Slope(1,073)
Total Sum of Squares423.2M

CODX Days Of Inventory On Hand History

2024 137.93
2023 145.19
2022 353.64
2021 63.2
2020 175.89
2019 640.09
2018 705.55

About Co Diagnostics Financial Statements

Co Diagnostics investors use historical fundamental indicators, such as Co Diagnostics' Days Of Inventory On Hand, 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 Co Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 145.19  137.93 

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Additional Tools for CODX Stock Analysis

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