Globalfoundries Inventory Turnover from 2010 to 2024

GFS Stock  USD 42.80  0.80  1.90%   
Globalfoundries Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 3.38 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
3.55817081
Current Value
3.38
Quarterly Volatility
6.6429083
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globalfoundries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globalfoundries' main balance sheet or income statement drivers, such as Tax Provision of 59.4 M, Net Interest Income of 2.1 M or Interest Income of 156.4 M, as well as many indicators such as Price To Sales Ratio of 6.36, Dividend Yield of 0.0 or PTB Ratio of 4.77. Globalfoundries financial statements analysis is a perfect complement when working with Globalfoundries Valuation or Volatility modules.
  
Check out the analysis of Globalfoundries Correlation against competitors.
For more information on how to buy Globalfoundries Stock please use our How to Invest in Globalfoundries guide.

Latest Globalfoundries' Inventory Turnover Growth Pattern

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

Globalfoundries Inventory Turnover Regression Statistics

Arithmetic Mean13.51
Geometric Mean11.24
Coefficient Of Variation49.17
Mean Deviation6.03
Median18.03
Standard Deviation6.64
Sample Variance44.13
Range14.6496
R-Value(0.83)
Mean Square Error14.67
R-Squared0.69
Significance0.0001
Slope(1.23)
Total Sum of Squares617.80

Globalfoundries Inventory Turnover History

2024 3.38
2023 3.56
2022 4.38
2021 4.97
2020 6.05

About Globalfoundries Financial Statements

Globalfoundries shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Globalfoundries investors may analyze each financial statement separately, they are all interrelated. The changes in Globalfoundries' assets and liabilities, for example, are also reflected in the revenues and expenses on on Globalfoundries' 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 3.56  3.38 

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Additional Tools for Globalfoundries Stock Analysis

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