Giga Inventory Turnover from 2010 to 2024

GIGM Stock  USD 1.45  0.01  0.68%   
Giga Media Inventory Turnover yearly trend continues to be very stable with very little volatility. Inventory Turnover is likely to drop to 6.84. 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
7.2
Current Value
6.84
Quarterly Volatility
6.58758193
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Giga Media financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Giga Media's main balance sheet or income statement drivers, such as Depreciation And Amortization of 52.2 K, Interest Expense of 41.4 K or Selling General Administrative of 3.1 M, as well as many indicators such as Price To Sales Ratio of 2.36, Dividend Yield of 0.001 or PTB Ratio of 0.34. Giga financial statements analysis is a perfect complement when working with Giga Media Valuation or Volatility modules.
  
Check out the analysis of Giga Media Correlation against competitors.
To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.

Latest Giga Media's Inventory Turnover Growth Pattern

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

Giga Inventory Turnover Regression Statistics

Arithmetic Mean9.05
Geometric Mean7.51
Coefficient Of Variation72.79
Mean Deviation4.74
Median6.84
Standard Deviation6.59
Sample Variance43.40
Range25.3276
R-Value(0.38)
Mean Square Error39.95
R-Squared0.15
Significance0.16
Slope(0.56)
Total Sum of Squares607.55

Giga Inventory Turnover History

2024 6.84
2023 7.2
2022 6.26
2021 3.65
2020 7.62
2019 4.77
2018 5.6

About Giga Media Financial Statements

Giga Media investors utilize fundamental indicators, such as Inventory Turnover, to predict how Giga Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 7.20  6.84 

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When determining whether Giga Media is a strong investment it is important to analyze Giga Media's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Giga Media's future performance. For an informed investment choice regarding Giga Stock, refer to the following important reports:
Check out the analysis of Giga Media Correlation against competitors.
To learn how to invest in Giga Stock, please use our How to Invest in Giga Media guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Giga Media. If investors know Giga will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Giga Media listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.36)
Revenue Per Share
0.279
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.05)
Return On Equity
(0.09)
The market value of Giga Media is measured differently than its book value, which is the value of Giga that is recorded on the company's balance sheet. Investors also form their own opinion of Giga Media's value that differs from its market value or its book value, called intrinsic value, which is Giga Media's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Giga Media's market value can be influenced by many factors that don't directly affect Giga Media'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 Giga Media's value and its price as these two are different measures arrived at by different means. Investors typically determine if Giga Media is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Giga Media's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.