8x8 Days Of Inventory On Hand from 2010 to 2024

EGHT Stock  USD 3.04  0.09  3.05%   
8x8 Common Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand will likely drop to 51.24 in 2024. From the period from 2010 to 2024, 8x8 Common Days Of Inventory On Hand quarterly data regression had r-value of  0.63 and coefficient of variation of  73.47. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
67.03
Current Value
51.24
Quarterly Volatility
27.00516736
 
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Check 8x8 Common financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 8x8 Common's main balance sheet or income statement drivers, such as Depreciation And Amortization of 49.5 M, Interest Expense of 41.8 M or Total Revenue of 765.1 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0 or PTB Ratio of 4.97. 8x8 financial statements analysis is a perfect complement when working with 8x8 Common Valuation or Volatility modules.
  
Check out the analysis of 8x8 Common Correlation against competitors.

Latest 8x8 Common's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of 8x8 Common Stock over the last few years. It is 8x8 Common's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 8x8 Common's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

8x8 Days Of Inventory On Hand Regression Statistics

Arithmetic Mean36.76
Geometric Mean22.54
Coefficient Of Variation73.47
Mean Deviation24.71
Median43.81
Standard Deviation27.01
Sample Variance729.28
Range63.7145
R-Value0.63
Mean Square Error476.41
R-Squared0.39
Significance0.01
Slope3.79
Total Sum of Squares10,210

8x8 Days Of Inventory On Hand History

2024 51.24
2023 67.03
2022 58.28
2021 65.13
2020 60.93
2019 59.53

About 8x8 Common Financial Statements

8x8 Common shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although 8x8 Common investors may analyze each financial statement separately, they are all interrelated. The changes in 8x8 Common's assets and liabilities, for example, are also reflected in the revenues and expenses on on 8x8 Common's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 67.03  51.24 

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Additional Tools for 8x8 Stock Analysis

When running 8x8 Common's price analysis, check to measure 8x8 Common'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 8x8 Common is operating at the current time. Most of 8x8 Common's value examination focuses on studying past and present price action to predict the probability of 8x8 Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 8x8 Common's price. Additionally, you may evaluate how the addition of 8x8 Common to your portfolios can decrease your overall portfolio volatility.