Elevai Average Inventory from 2010 to 2024

ELAB Stock   0.02  0  5.61%   
Elevai Labs,'s Average Inventory is increasing over the years with slightly volatile fluctuation. Overall, Average Inventory is expected to go to about 388.2 K this year. Average Inventory is the average amount of inventory Elevai Labs, Common 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
369.7 K
Current Value
388.2 K
Quarterly Volatility
101.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elevai Labs, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elevai Labs,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 11.1 K, Selling General Administrative of 3.5 M or Selling And Marketing Expenses of 693.3 K, as well as many indicators such as Price To Sales Ratio of 10.91, Dividend Yield of 0.0 or PTB Ratio of 5.4. Elevai financial statements analysis is a perfect complement when working with Elevai Labs, Valuation or Volatility modules.
  
Check out the analysis of Elevai Labs, Correlation against competitors.

Latest Elevai Labs,'s Average Inventory Growth Pattern

Below is the plot of the Average Inventory of Elevai Labs, Common 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. Elevai Labs,'s Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elevai Labs,'s overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Elevai Average Inventory Regression Statistics

Arithmetic Mean141,757
Geometric Mean121,641
Coefficient Of Variation71.47
Mean Deviation73,386
Median95,890
Standard Deviation101,318
Sample Variance10.3B
Range292.3K
R-Value0.68
Mean Square Error6B
R-Squared0.46
Significance0.01
Slope15,351
Total Sum of Squares143.7B

Elevai Average Inventory History

2024388.2 K
2023369.7 K
2022217.8 K

About Elevai Labs, Financial Statements

Elevai Labs, stakeholders use historical fundamental indicators, such as Elevai Labs,'s Average Inventory, to determine how well the company is positioned to perform in the future. Although Elevai Labs, investors may analyze each financial statement separately, they are all interrelated. For example, changes in Elevai Labs,'s assets and liabilities are reflected in the revenues and expenses on Elevai Labs,'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 Elevai Labs, Common. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory369.7 K388.2 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Elevai Labs, Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Elevai Labs,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Elevai Labs, Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Elevai Labs, Common Stock:
Check out the analysis of Elevai Labs, Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elevai Labs,. If investors know Elevai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elevai Labs, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.42)
Revenue Per Share
0.168
Quarterly Revenue Growth
0.913
Return On Assets
(0.89)
Return On Equity
(3.51)
The market value of Elevai Labs, Common is measured differently than its book value, which is the value of Elevai that is recorded on the company's balance sheet. Investors also form their own opinion of Elevai Labs,'s value that differs from its market value or its book value, called intrinsic value, which is Elevai Labs,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elevai Labs,'s market value can be influenced by many factors that don't directly affect Elevai Labs,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elevai Labs,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Elevai Labs, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elevai Labs,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.