Castle Average Inventory from 2010 to 2026
| CSTL Stock | USD 32.40 2.56 7.32% |
Average Inventory | First Reported 2010-12-31 | Previous Quarter 953.7 K | Current Value 661.2 K | Quarterly Volatility 227.3 K |
Check Castle Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Castle Biosciences' main balance sheet or income statement drivers, such as Tax Provision of 4 M, Net Interest Income of 14.9 M or Interest Income of 15.6 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.0 or PTB Ratio of 1.53. Castle financial statements analysis is a perfect complement when working with Castle Biosciences Valuation or Volatility modules.
Castle | Average Inventory | Build AI portfolio with Castle Stock |
Historical Average Inventory data for Castle Biosciences serves as a key indicator of operational performance and financial stability. Tracking changes in this metric over time helps investors spot emerging trends before they become obvious, providing an edge in assessing whether Castle Biosciences represents a compelling investment opportunity.
Latest Castle Biosciences' Average Inventory Growth Pattern
Below is the plot of the Average Inventory of Castle Biosciences 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. Castle Biosciences' Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Castle Biosciences' overall financial position and show how it may be relating to other accounts over time.
| Average Inventory | 10 Years Trend |
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Average Inventory |
| Timeline |
Castle Average Inventory Regression Statistics
| Arithmetic Mean | 783,130 | |
| Geometric Mean | 753,537 | |
| Coefficient Of Variation | 29.02 | |
| Mean Deviation | 215,229 | |
| Median | 593,404 | |
| Standard Deviation | 227,290 | |
| Sample Variance | 51.7B | |
| Range | 466.2K | |
| R-Value | 0.70 | |
| Mean Square Error | 28.1B | |
| R-Squared | 0.49 | |
| Significance | 0 | |
| Slope | 31,506 | |
| Total Sum of Squares | 826.6B |
Castle Average Inventory History
About Castle Biosciences Financial Statements
Castle Biosciences investors utilize fundamental indicators, such as Average Inventory, to predict how Castle Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Average Inventory | 953.7 K | 661.2 K |
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Is Biotechnology 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 Castle Biosciences. Projected growth potential of Castle fundamentally drives upward valuation adjustments. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Castle Biosciences assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.52) | Earnings Share (0.44) | Revenue Per Share | Quarterly Revenue Growth (0.03) | Return On Assets |
The market value of Castle Biosciences is measured differently than its book value, which is the value of Castle that is recorded on the company's balance sheet. Investors also form their own opinion of Castle Biosciences' value that differs from its market value or its book value, called intrinsic value, which is Castle Biosciences' 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 Castle Biosciences' market value can be influenced by many factors that don't directly affect Castle Biosciences' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Castle Biosciences' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Castle Biosciences should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Castle Biosciences' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.