Corpay Inventory Turnover from 2010 to 2024

CPAY Stock   381.54  1.67  0.44%   
Corpay Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover is likely to outpace its year average 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
0.41
Current Value
0.42
Quarterly Volatility
0.05530674
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Corpay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Corpay's main balance sheet or income statement drivers, such as Depreciation And Amortization of 251.7 M, Selling General Administrative of 415.6 M or Selling And Marketing Expenses of 203.6 M, as well as many indicators such as Price To Sales Ratio of 8.66, Dividend Yield of 0.0 or PTB Ratio of 4.61. Corpay financial statements analysis is a perfect complement when working with Corpay Valuation or Volatility modules.
  
Check out the analysis of Corpay Correlation against competitors.

Latest Corpay's Inventory Turnover Growth Pattern

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

Corpay Inventory Turnover Regression Statistics

Arithmetic Mean0.45
Geometric Mean0.45
Coefficient Of Variation12.25
Mean Deviation0.04
Median0.48
Standard Deviation0.06
Sample Variance0
Range0.1774
R-Value(0.63)
Mean Square Error0
R-Squared0.39
Significance0.01
Slope(0.01)
Total Sum of Squares0.04

Corpay Inventory Turnover History

2024 0.42
2023 0.41
2022 0.36
2021 0.3

About Corpay Financial Statements

Corpay investors use historical fundamental indicators, such as Corpay'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 Corpay. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 0.41  0.42 

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Additional Tools for Corpay Stock Analysis

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