Fomento Inventory Turnover from 2010 to 2024

FMX Stock  USD 86.64  0.27  0.31%   
Fomento Economico Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 5.54 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
7.2684724
Current Value
5.54
Quarterly Volatility
1.15439001
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fomento Economico financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fomento Economico's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.7 B, Interest Expense of 18.1 B or Selling General Administrative of 33.9 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0122 or PTB Ratio of 4.71. Fomento financial statements analysis is a perfect complement when working with Fomento Economico Valuation or Volatility modules.
  
Check out the analysis of Fomento Economico Correlation against competitors.

Latest Fomento Economico's Inventory Turnover Growth Pattern

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

Fomento Inventory Turnover Regression Statistics

Arithmetic Mean7.20
Geometric Mean7.10
Coefficient Of Variation16.03
Mean Deviation0.93
Median7.63
Standard Deviation1.15
Sample Variance1.33
Range3.7979
R-Value(0.19)
Mean Square Error1.39
R-Squared0.03
Significance0.51
Slope(0.05)
Total Sum of Squares18.66

Fomento Inventory Turnover History

2024 5.54
2023 7.27
2022 6.77
2021 6.73
2020 6.86
2019 7.68
2018 8.25

About Fomento Economico Financial Statements

Fomento Economico investors use historical fundamental indicators, such as Fomento Economico'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 Fomento Economico. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 7.27  5.54 

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Additional Tools for Fomento Stock Analysis

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