Equinox Inventory Turnover from 2010 to 2024

EQX Stock  USD 5.70  0.02  0.35%   
Equinox Gold Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 2.05 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
2.45181621
Current Value
2.05
Quarterly Volatility
2.49298719
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Equinox Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equinox Gold's main balance sheet or income statement drivers, such as Interest Expense of 64.4 M, Other Operating Expenses of 1.1 B or Operating Income of 52.1 M, as well as many indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0 or PTB Ratio of 0.6. Equinox financial statements analysis is a perfect complement when working with Equinox Gold Valuation or Volatility modules.
  
Check out the analysis of Equinox Gold Correlation against competitors.

Latest Equinox Gold's Inventory Turnover Growth Pattern

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

Equinox Inventory Turnover Regression Statistics

Arithmetic Mean2.01
Geometric Mean0.60
Coefficient Of Variation124.29
Mean Deviation1.88
Median1.92
Standard Deviation2.49
Sample Variance6.21
Range8.8621
R-Value0.52
Mean Square Error4.92
R-Squared0.27
Significance0.05
Slope0.29
Total Sum of Squares87.01

Equinox Inventory Turnover History

2024 2.05
2023 2.45
2022 3.31
2021 4.3
2020 2.97
2019 4.28
2018 0.45

About Equinox Gold Financial Statements

Equinox Gold investors use historical fundamental indicators, such as Equinox Gold'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 Equinox Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 2.45  2.05 

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Additional Tools for Equinox Stock Analysis

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