Guardant Change To Inventory from 2010 to 2026

GH Stock  USD 106.38  1.04  0.97%   
Guardant Health's Change To Inventory is decreasing with slightly volatile movements from year to year. Change To Inventory is predicted to flatten to about -8.6 M. Change To Inventory is the increase or decrease in the amount of inventory Guardant Health has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2016-12-31
Previous Quarter
-6.8 M
Current Value
-6.4 M
Quarterly Volatility
M
 
Covid
 
Interest Hikes
Check Guardant Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guardant Health's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Net Interest Income of 61.7 M or Interest Income of 64.8 M, as well as many indicators such as Price To Sales Ratio of 25.47, Dividend Yield of 0.0 or Days Sales Outstanding of 85.24. Guardant financial statements analysis is a perfect complement when working with Guardant Health Valuation or Volatility modules.
  
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Check out the analysis of Guardant Health Correlation against competitors.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.
The Change To Inventory trend for Guardant Health offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Guardant Health is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Guardant Health's Change To Inventory Growth Pattern

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

Guardant Change To Inventory Regression Statistics

Arithmetic Mean(5,154,475)
Coefficient Of Variation(108.48)
Mean Deviation4,419,562
Median(4,518,000)
Standard Deviation5,591,522
Sample Variance31.3T
Range20.6M
R-Value(0.76)
Mean Square Error13.9T
R-Squared0.58
Significance0.0004
Slope(845,731)
Total Sum of Squares500.2T

Guardant Change To Inventory History

2026-8.6 M
2025-8.2 M
2024-9.1 M
2023-10.3 M
2022-20.9 M
2021-8 M
2020-7.5 M

About Guardant Health Financial Statements

Investors use fundamental indicators, such as Guardant Health's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Guardant Health's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change To Inventory-8.2 M-8.6 M

Currently Active Assets on Macroaxis

Check out the analysis of Guardant Health Correlation against competitors.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is there potential for Health Care Providers & Services market expansion? Will Guardant introduce new products? Factors like these will boost the valuation of Guardant Health. Market participants price Guardant higher when confident in its future expansion prospects. Understanding fair value requires weighing current performance against future potential. All the valuation information about Guardant Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.19)
Revenue Per Share
7.27
Quarterly Revenue Growth
0.385
Return On Assets
(0.20)
Return On Equity
(45.84)
The market value of Guardant Health is measured differently than its book value, which is the value of Guardant that is recorded on the company's balance sheet. Investors also form their own opinion of Guardant Health's value that differs from its market value or its book value, called intrinsic value, which is Guardant Health's true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Guardant Health's market value can be influenced by many factors that don't directly affect Guardant Health's 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 Guardant Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardant Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, Guardant Health's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.