Dallasnews Inventory Turnover from 2010 to 2024

DALN Stock  USD 5.60  0.25  4.67%   
Dallasnews Corp Inventory Turnover yearly trend continues to be very stable with very little volatility. Inventory Turnover is likely to drop to 25.86. 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
39.79326425
Current Value
25.86
Quarterly Volatility
8.96277565
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Dallasnews Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Dallasnews Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 M, Interest Expense of 612.9 K or Total Revenue of 132.7 M, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.14 or PTB Ratio of 8.07. Dallasnews financial statements analysis is a perfect complement when working with Dallasnews Corp Valuation or Volatility modules.
  
Check out the analysis of Dallasnews Corp Correlation against competitors.
To learn how to invest in Dallasnews Stock, please use our How to Invest in Dallasnews Corp guide.

Latest Dallasnews Corp's Inventory Turnover Growth Pattern

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

Dallasnews Inventory Turnover Regression Statistics

Arithmetic Mean33.53
Geometric Mean32.33
Coefficient Of Variation26.73
Mean Deviation7.89
Median32.91
Standard Deviation8.96
Sample Variance80.33
Range27.0041
R-Value0.53
Mean Square Error62.38
R-Squared0.28
Significance0.04
Slope1.06
Total Sum of Squares1,125

Dallasnews Inventory Turnover History

2024 25.86
2023 39.79
2022 32.91
2021 41.48
2020 45.68
2019 41.68
2018 28.68

About Dallasnews Corp Financial Statements

Dallasnews Corp investors utilize fundamental indicators, such as Inventory Turnover, to predict how Dallasnews 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 ReportedProjected for Next Year
Inventory Turnover 39.79  25.86 

Pair Trading with Dallasnews Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Dallasnews Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Dallasnews Corp will appreciate offsetting losses from the drop in the long position's value.

Moving against Dallasnews Stock

  0.34ADV Advantage SolutionsPairCorr
The ability to find closely correlated positions to Dallasnews Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Dallasnews Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Dallasnews Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Dallasnews Corp to buy it.
The correlation of Dallasnews Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Dallasnews Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Dallasnews Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Dallasnews Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Dallasnews Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Dallasnews Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dallasnews Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dallasnews Corp Stock:
Check out the analysis of Dallasnews Corp Correlation against competitors.
To learn how to invest in Dallasnews Stock, please use our How to Invest in Dallasnews Corp guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Publishing 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 Dallasnews Corp. If investors know Dallasnews will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dallasnews Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.13)
Revenue Per Share
24.595
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.0004)
Return On Equity
(0.68)
The market value of Dallasnews Corp is measured differently than its book value, which is the value of Dallasnews that is recorded on the company's balance sheet. Investors also form their own opinion of Dallasnews Corp's value that differs from its market value or its book value, called intrinsic value, which is Dallasnews Corp's 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 Dallasnews Corp's market value can be influenced by many factors that don't directly affect Dallasnews Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dallasnews Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dallasnews Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dallasnews Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.