DRDGOLD Average Inventory from 2010 to 2026

DRD Stock  USD 35.49  3.69  9.42%   
DRDGOLD Limited's Average Inventory is decreasing over the years with stable fluctuation. Average Inventory is expected to dwindle to about 60.5 M. Average Inventory is the average amount of inventory DRDGOLD Limited ADR holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
77 M
Current Value
60.5 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check DRDGOLD Limited financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DRDGOLD Limited's main balance sheet or income statement drivers, such as Depreciation And Amortization of 554.5 M, Interest Expense of 49.5 M or Selling General Administrative of 143.6 M, as well as many indicators such as Price To Sales Ratio of 0.29, Dividend Yield of 0.22 or PTB Ratio of 0.25. DRDGOLD financial statements analysis is a perfect complement when working with DRDGOLD Limited Valuation or Volatility modules.
  
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Check out the analysis of DRDGOLD Limited Correlation against competitors.
Analyzing DRDGOLD Limited's Average Inventory over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Average Inventory has evolved provides context for assessing DRDGOLD Limited's current valuation and future prospects.

Latest DRDGOLD Limited's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of DRDGOLD Limited ADR 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. DRDGOLD Limited's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in DRDGOLD Limited's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Pretty Stable
   Average Inventory   
       Timeline  

DRDGOLD Average Inventory Regression Statistics

Arithmetic Mean82,246,712
Geometric Mean81,815,253
Coefficient Of Variation9.78
Mean Deviation5,467,841
Median85,566,472
Standard Deviation8,041,948
Sample Variance64.7T
Range25.1M
R-Value(0.12)
Mean Square Error68T
R-Squared0.01
Significance0.64
Slope(192,297)
Total Sum of Squares1034.8T

DRDGOLD Average Inventory History

202660.5 M
202577 M
201185.6 M
201062.8 M

About DRDGOLD Limited Financial Statements

DRDGOLD Limited stakeholders use historical fundamental indicators, such as DRDGOLD Limited's Average Inventory, to determine how well the company is positioned to perform in the future. Although DRDGOLD Limited investors may analyze each financial statement separately, they are all interrelated. For example, changes in DRDGOLD Limited's assets and liabilities are reflected in the revenues and expenses on DRDGOLD Limited's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in DRDGOLD Limited ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory77 M60.5 M

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When determining whether DRDGOLD Limited ADR is a strong investment it is important to analyze DRDGOLD Limited's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact DRDGOLD Limited's future performance. For an informed investment choice regarding DRDGOLD Stock, refer to the following important reports:
Check out the analysis of DRDGOLD Limited Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Will Metals & Mining sector continue expanding? Could DRDGOLD diversify its offerings? Factors like these will boost the valuation of DRDGOLD Limited. Projected growth potential of DRDGOLD fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every DRDGOLD Limited data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.719
Dividend Share
7
Earnings Share
1.63
Revenue Per Share
91.379
Quarterly Revenue Growth
0.248
Understanding DRDGOLD Limited ADR requires distinguishing between market price and book value, where the latter reflects DRDGOLD's accounting equity. The concept of intrinsic value—what DRDGOLD Limited's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push DRDGOLD Limited's price substantially above or below its fundamental value.
It's important to distinguish between DRDGOLD Limited's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding DRDGOLD Limited should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, DRDGOLD Limited's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.