Durect Inventory Turnover from 2010 to 2024

DRRX Stock  USD 0.97  0.04  3.96%   
Durect 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
0.77377197
Current Value
0.98
Quarterly Volatility
0.77515144
 
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 Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Durect 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. Durect's Inventory 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.
Inventory Turnover10 Years Trend
Pretty Stable
   Inventory Turnover   
       Timeline  

Durect Inventory Turnover Regression Statistics

Arithmetic Mean1.04
Coefficient Of Variation74.62
Mean Deviation0.46
Median1.22
Standard Deviation0.78
Sample Variance0.60
Range3.5439
R-Value0.13
Mean Square Error0.64
R-Squared0.02
Significance0.64
Slope0.02
Total Sum of Squares8.41

Durect Inventory Turnover History

2024 0.98
2023 0.77
2021 1.05
2020 0.75
2019 1.22
2018 1.25
2017 2.1

About Durect Financial Statements

Durect investors use historical fundamental indicators, such as Durect'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 Durect. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 0.77  0.98 

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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.