Gorman Days Of Inventory On Hand from 2010 to 2024

GRC Stock  USD 41.99  1.01  2.46%   
Gorman Rupp's Days Of Inventory On Hand is decreasing over the years with very volatile fluctuation. Overall, Days Of Inventory On Hand is expected to go to 110.59 this year. During the period from 2010 to 2024 Gorman Rupp Days Of Inventory On Hand annual values regression line had geometric mean of  102.03 and mean square error of  106.90. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
82.06429247
Current Value
110.59
Quarterly Volatility
10.01896439
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gorman Rupp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gorman Rupp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.9 M, Interest Expense of 43.3 M or Total Revenue of 692.5 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0265 or PTB Ratio of 1.95. Gorman financial statements analysis is a perfect complement when working with Gorman Rupp Valuation or Volatility modules.
  
Check out the analysis of Gorman Rupp Correlation against competitors.
For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.

Latest Gorman Rupp's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Gorman Rupp over the last few years. It is Gorman Rupp's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gorman Rupp's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Very volatile
   Days Of Inventory On Hand   
       Timeline  

Gorman Days Of Inventory On Hand Regression Statistics

Arithmetic Mean102.50
Geometric Mean102.03
Coefficient Of Variation9.77
Mean Deviation7.99
Median104.06
Standard Deviation10.02
Sample Variance100.38
Range34.2772
R-Value(0.11)
Mean Square Error106.90
R-Squared0.01
Significance0.71
Slope(0.24)
Total Sum of Squares1,405

Gorman Days Of Inventory On Hand History

2024 110.59
2023 82.06
2022 103.99
2021 110.69
2020 116.34
2019 93.87
2018 104.78

About Gorman Rupp Financial Statements

Gorman Rupp stakeholders use historical fundamental indicators, such as Gorman Rupp's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Gorman Rupp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Gorman Rupp's assets and liabilities are reflected in the revenues and expenses on Gorman Rupp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Gorman Rupp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 82.06  110.59 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Gorman Rupp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gorman Rupp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gorman Rupp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gorman Rupp Stock:
Check out the analysis of Gorman Rupp Correlation against competitors.
For information on how to trade Gorman Stock refer to our How to Trade Gorman Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Industrial Machinery & Supplies & Components 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 Gorman Rupp. If investors know Gorman 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 Gorman Rupp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.437
Dividend Share
0.72
Earnings Share
1.46
Revenue Per Share
25.086
Quarterly Revenue Growth
0.004
The market value of Gorman Rupp is measured differently than its book value, which is the value of Gorman that is recorded on the company's balance sheet. Investors also form their own opinion of Gorman Rupp's value that differs from its market value or its book value, called intrinsic value, which is Gorman Rupp'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 Gorman Rupp's market value can be influenced by many factors that don't directly affect Gorman Rupp'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 Gorman Rupp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gorman Rupp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gorman Rupp'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.