Canada Inventory Turnover from 2010 to 2024

GOOS Stock  USD 9.70  0.34  3.63%   
Canada Goose 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
0.93530997
Current Value
1.31
Quarterly Volatility
0.40665414
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Canada Goose financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Canada Goose's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 44.7 M or Selling General Administrative of 832.5 M, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.096 or PTB Ratio of 3.84. Canada financial statements analysis is a perfect complement when working with Canada Goose Valuation or Volatility modules.
  
Check out the analysis of Canada Goose Correlation against competitors.

Latest Canada Goose's Inventory Turnover Growth Pattern

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

Canada Inventory Turnover Regression Statistics

Arithmetic Mean1.37
Geometric Mean1.32
Coefficient Of Variation29.58
Mean Deviation0.36
Median1.31
Standard Deviation0.41
Sample Variance0.17
Range1.0101
R-Value(0.85)
Mean Square Error0.05
R-Squared0.73
Significance0.000053
Slope(0.08)
Total Sum of Squares2.32

Canada Inventory Turnover History

2024 1.31
2023 0.94
2022 0.85
2021 0.93
2020 1.02
2019 0.88
2018 1.17

About Canada Goose Financial Statements

Canada Goose shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Canada Goose investors may analyze each financial statement separately, they are all interrelated. The changes in Canada Goose's assets and liabilities, for example, are also reflected in the revenues and expenses on on Canada Goose'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 0.94  1.31 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Canada Stock Analysis

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