Fulgent Inventory Turnover from 2010 to 2024

FLGT Stock  USD 16.95  0.33  1.91%   
Fulgent Genetics Inventory Turnover yearly trend continues to be comparatively 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
53
Current Value
55.65
Quarterly Volatility
20.51970232
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fulgent Genetics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fulgent Genetics' main balance sheet or income statement drivers, such as Discontinued Operations of 49.5 K, Depreciation And Amortization of 27.5 M or Interest Expense of 38.9 M, as well as many indicators such as Price To Sales Ratio of 2.83, Dividend Yield of 0.018 or PTB Ratio of 0.72. Fulgent financial statements analysis is a perfect complement when working with Fulgent Genetics Valuation or Volatility modules.
  
Check out the analysis of Fulgent Genetics Correlation against competitors.
For more information on how to buy Fulgent Stock please use our How to Invest in Fulgent Genetics guide.

Latest Fulgent Genetics' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Fulgent Genetics 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. Fulgent Genetics' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fulgent Genetics' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Fulgent Inventory Turnover Regression Statistics

Arithmetic Mean26.04
Geometric Mean18.03
Coefficient Of Variation78.80
Mean Deviation17.77
Median20.87
Standard Deviation20.52
Sample Variance421.06
Range53.4483
R-Value0.77
Mean Square Error184.06
R-Squared0.59
Significance0.0008
Slope3.54
Total Sum of Squares5,895

Fulgent Inventory Turnover History

2024 55.65
2023 53.0
2022 58.89
2021 17.66
2020 5.45
2019 50.93
2018 34.05

About Fulgent Genetics Financial Statements

Fulgent Genetics shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Fulgent Genetics investors may analyze each financial statement separately, they are all interrelated. The changes in Fulgent Genetics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Fulgent Genetics' 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
Inventory Turnover 53.00  55.65 

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Additional Tools for Fulgent Stock Analysis

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