Cryoport Inventory Turnover from 2010 to 2024

CYRX Stock  USD 7.18  0.53  7.97%   
Cryoport Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 4.85 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
5.11039457
Current Value
4.85
Quarterly Volatility
24.10040099
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cryoport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cryoport's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.9 M, Interest Expense of 5.8 M or Selling General Administrative of 147.7 M, as well as many indicators such as Price To Sales Ratio of 3.07, Dividend Yield of 0.0103 or PTB Ratio of 1.62. Cryoport financial statements analysis is a perfect complement when working with Cryoport Valuation or Volatility modules.
  
Check out the analysis of Cryoport Correlation against competitors.
For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.

Latest Cryoport's Inventory Turnover Growth Pattern

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

Cryoport Inventory Turnover Regression Statistics

Arithmetic Mean26.58
Geometric Mean11.77
Coefficient Of Variation90.68
Mean Deviation20.83
Median26.91
Standard Deviation24.10
Sample Variance580.83
Range74.7749
R-Value(0.45)
Mean Square Error499.94
R-Squared0.20
Significance0.09
Slope(2.41)
Total Sum of Squares8,132

Cryoport Inventory Turnover History

2024 4.85
2023 5.11
2022 4.82
2021 7.64
2020 4.02
2019 35.0
2018 42.57

About Cryoport Financial Statements

Cryoport investors use historical fundamental indicators, such as Cryoport'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 Cryoport. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 5.11  4.85 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Cryoport Stock Analysis

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