DTE Inventory Turnover from 2010 to 2024

DTW Stock  USD 23.18  0.15  0.65%   
DTE Energy 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
7.98671727
Current Value
9.97
Quarterly Volatility
3.02477591
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check DTE Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among DTE Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 597.5 M or Total Revenue of 11.4 B, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.088 or PTB Ratio of 0.33. DTE financial statements analysis is a perfect complement when working with DTE Energy Valuation or Volatility modules.
  
Check out the analysis of DTE Energy Correlation against competitors.
For more information on how to buy DTE Stock please use our How to Invest in DTE Energy guide.

Latest DTE Energy's Inventory Turnover Growth Pattern

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

DTE Inventory Turnover Regression Statistics

Arithmetic Mean11.72
Geometric Mean11.36
Coefficient Of Variation25.81
Mean Deviation2.45
Median11.41
Standard Deviation3.02
Sample Variance9.15
Range9.9751
R-Value0.49
Mean Square Error7.52
R-Squared0.24
Significance0.07
Slope0.33
Total Sum of Squares128.09

DTE Inventory Turnover History

2024 9.97
2023 7.99
2022 17.96
2021 15.05
2020 13.36
2019 13.87
2018 14.91

About DTE Energy Financial Statements

DTE Energy investors use historical fundamental indicators, such as DTE Energy'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 DTE Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 7.99  9.97 

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Additional Tools for DTE Stock Analysis

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