Durect Fixed Asset Turnover from 2010 to 2024

DRRX Stock  USD 0.97  0.04  3.96%   
Durect Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover will likely drop to 1.99 in 2024. During the period from 2010 to 2024, Durect Fixed Asset Turnover regression line of annual values had r-squared of  0.02 and arithmetic mean of  12.36. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
2.09973031
Current Value
1.99
Quarterly Volatility
13.74451445
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Durect financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Durect's main balance sheet or income statement drivers, such as Depreciation And Amortization of 140.6 K, Interest Expense of 1.9 M or Total Revenue of 8.1 M, as well as many indicators such as Price To Sales Ratio of 1.72, Dividend Yield of 0.0 or PTB Ratio of 1.0. Durect financial statements analysis is a perfect complement when working with Durect Valuation or Volatility modules.
  
Check out the analysis of Durect Correlation against competitors.
For more information on how to buy Durect Stock please use our How to Invest in Durect guide.

Latest Durect's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Durect over the last few years. It is Durect's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Durect's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Pretty Stable
   Fixed Asset Turnover   
       Timeline  

Durect Fixed Asset Turnover Regression Statistics

Arithmetic Mean12.36
Geometric Mean6.36
Coefficient Of Variation111.25
Mean Deviation9.09
Median9.05
Standard Deviation13.74
Sample Variance188.91
Range52.8602
R-Value(0.15)
Mean Square Error198.98
R-Squared0.02
Significance0.60
Slope(0.45)
Total Sum of Squares2,645

Durect Fixed Asset Turnover History

2024 1.99
2023 2.1
2022 9.05
2021 3.81
2020 6.02
2019 4.52
2018 30.68

About Durect Financial Statements

Durect investors use historical fundamental indicators, such as Durect's Fixed Asset 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 Durect. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 2.10  1.99 

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Additional Tools for Durect Stock Analysis

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