Digital Inventory Turnover from 2010 to 2024

DGLY Stock  USD 0.84  0.02  2.44%   
Digital Ally 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
5.84765067
Current Value
6.14
Quarterly Volatility
1.90036309
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digital Ally financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital Ally's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 M, Interest Expense of 3.3 M or Selling General Administrative of 9.7 M, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 1.07 or PTB Ratio of 0.52. Digital financial statements analysis is a perfect complement when working with Digital Ally Valuation or Volatility modules.
  
Check out the analysis of Digital Ally Correlation against competitors.
For more information on how to buy Digital Stock please use our How to Invest in Digital Ally guide.

Latest Digital Ally's Inventory Turnover Growth Pattern

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

Digital Inventory Turnover Regression Statistics

Arithmetic Mean2.07
Geometric Mean1.56
Coefficient Of Variation91.99
Mean Deviation1.45
Median1.18
Standard Deviation1.90
Sample Variance3.61
Range5.3534
R-Value0.70
Mean Square Error2.00
R-Squared0.49
Significance0
Slope0.30
Total Sum of Squares50.56

Digital Inventory Turnover History

2024 6.14
2023 5.85
2022 5.07
2021 1.63
2020 0.79
2019 1.37
2018 1.05

About Digital Ally Financial Statements

Digital Ally investors use historical fundamental indicators, such as Digital Ally'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 Digital Ally. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 5.85  6.14 

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Additional Tools for Digital Stock Analysis

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