Americas Inventory Turnover from 2010 to 2024

CRMT Stock  USD 47.40  2.53  5.64%   
Americas Car Inventory Turnover yearly trend continues to be comparatively 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
7.12214572
Current Value
11.15
Quarterly Volatility
1.6802874
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Americas Car financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Americas Car's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.2 M, Interest Expense of 62.1 M or Selling General Administrative of 188.4 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 1.0E-4 or PTB Ratio of 1.2. Americas financial statements analysis is a perfect complement when working with Americas Car Valuation or Volatility modules.
  
Check out the analysis of Americas Car Correlation against competitors.

Latest Americas Car's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Americas Car Mart 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. Americas Car's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Americas Car's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Very volatile
   Inventory Turnover   
       Timeline  

Americas Inventory Turnover Regression Statistics

Arithmetic Mean8.39
Geometric Mean8.23
Coefficient Of Variation20.03
Mean Deviation1.38
Median8.20
Standard Deviation1.68
Sample Variance2.82
Range5.3944
R-Value0.04
Mean Square Error3.04
R-Squared0
Significance0.89
Slope0.02
Total Sum of Squares39.53

Americas Inventory Turnover History

2024 11.15
2023 7.12
2022 7.37
2021 5.76
2020 5.82
2019 10.67
2018 9.17

About Americas Car Financial Statements

Americas Car shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Americas Car investors may analyze each financial statement separately, they are all interrelated. The changes in Americas Car's assets and liabilities, for example, are also reflected in the revenues and expenses on on Americas Car's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 7.12  11.15 

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Additional Tools for Americas Stock Analysis

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