Electro Change To Inventory from 2010 to 2024

ELSE Stock  USD 4.31  0.07  1.65%   
Electro Sensors' Change To Inventory is decreasing over the years with very volatile fluctuation. Change To Inventory is expected to dwindle to -6,300. Change To Inventory is the increase or decrease in the amount of inventory Electro Sensors has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1993-03-31
Previous Quarter
-54 K
Current Value
-138 K
Quarterly Volatility
M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Electro Sensors financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Electro Sensors' main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.4 K, Interest Expense of 1.1 K or Total Revenue of 6.7 M, as well as many indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0171 or PTB Ratio of 0.86. Electro financial statements analysis is a perfect complement when working with Electro Sensors Valuation or Volatility modules.
  
Check out the analysis of Electro Sensors Correlation against competitors.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.

Latest Electro Sensors' Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Electro Sensors over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Electro Sensors' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Electro Sensors' overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Very volatile
   Change To Inventory   
       Timeline  

Electro Change To Inventory Regression Statistics

Arithmetic Mean(27,820)
Coefficient Of Variation(595.16)
Mean Deviation119,549
Median(66,000)
Standard Deviation165,572
Sample Variance27.4B
Range640K
R-Value(0.11)
Mean Square Error29.2B
R-Squared0.01
Significance0.70
Slope(4,015)
Total Sum of Squares383.8B

Electro Change To Inventory History

2024 -6300.0
2023 -6000.0
2022-82 K
2021-91 K
2020123 K
2019-77 K
2018-66 K

About Electro Sensors Financial Statements

Electro Sensors stakeholders use historical fundamental indicators, such as Electro Sensors' Change To Inventory, to determine how well the company is positioned to perform in the future. Although Electro Sensors investors may analyze each financial statement separately, they are all interrelated. For example, changes in Electro Sensors' assets and liabilities are reflected in the revenues and expenses on Electro Sensors' 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 Electro Sensors. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-6 K-6.3 K

Also Currently Popular

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 Electro Sensors is a strong investment it is important to analyze Electro Sensors' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Electro Sensors' future performance. For an informed investment choice regarding Electro Stock, refer to the following important reports:
Check out the analysis of Electro Sensors Correlation against competitors.
For information on how to trade Electro Stock refer to our How to Trade Electro Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Electronic Equipment, Instruments & Components 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 Electro Sensors. If investors know Electro 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 Electro Sensors listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Earnings Share
0.13
Revenue Per Share
2.577
Quarterly Revenue Growth
0.037
Return On Assets
(0)
The market value of Electro Sensors is measured differently than its book value, which is the value of Electro that is recorded on the company's balance sheet. Investors also form their own opinion of Electro Sensors' value that differs from its market value or its book value, called intrinsic value, which is Electro Sensors' 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 Electro Sensors' market value can be influenced by many factors that don't directly affect Electro Sensors' 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 Electro Sensors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Electro Sensors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electro Sensors' 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.