GMS Inventory Turnover from 2010 to 2024

GMS Stock  USD 103.84  2.14  2.10%   
GMS 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
6.64595148
Current Value
7.62
Quarterly Volatility
0.57249728
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GMS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GMS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 99.6 M, Interest Expense of 48.9 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.55, Dividend Yield of 0.0 or PTB Ratio of 2.37. GMS financial statements analysis is a perfect complement when working with GMS Valuation or Volatility modules.
  
Check out the analysis of GMS Correlation against competitors.

Latest GMS's Inventory Turnover Growth Pattern

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

GMS Inventory Turnover Regression Statistics

Arithmetic Mean6.99
Geometric Mean6.96
Coefficient Of Variation8.19
Mean Deviation0.42
Median6.97
Standard Deviation0.57
Sample Variance0.33
Range2.0826
R-Value(0.29)
Mean Square Error0.32
R-Squared0.09
Significance0.29
Slope(0.04)
Total Sum of Squares4.59

GMS Inventory Turnover History

2024 7.62
2023 6.65
2021 5.71
2020 6.26
2018 7.26
2017 7.08
2016 7.79

About GMS Financial Statements

GMS shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although GMS investors may analyze each financial statement separately, they are all interrelated. The changes in GMS's assets and liabilities, for example, are also reflected in the revenues and expenses on on GMS's 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 6.65  7.62 

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Additional Tools for GMS Stock Analysis

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