Gates Days Of Inventory Outstanding from 2010 to 2024

GTES Stock  USD 22.14  0.15  0.68%   
Gates Industrial Days Of Inventory Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory Outstanding will likely drop to 77.78 in 2024. From the period from 2010 to 2024, Gates Industrial Days Of Inventory Outstanding quarterly data regression had r-value of (0.20) and coefficient of variation of  14.19. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
93.58
Current Value
77.78
Quarterly Volatility
14.83266241
 
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Check Gates Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gates Industrial's main balance sheet or income statement drivers, such as Tax Provision of 20.3 M, Depreciation And Amortization of 187.5 M or Interest Expense of 135.9 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 1.14. Gates financial statements analysis is a perfect complement when working with Gates Industrial Valuation or Volatility modules.
  
Check out the analysis of Gates Industrial Correlation against competitors.
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Latest Gates Industrial's Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Gates Industrial over the last few years. It is Gates Industrial's Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gates Industrial's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory Outstanding10 Years Trend
Pretty Stable
   Days Of Inventory Outstanding   
       Timeline  

Gates Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean104.50
Geometric Mean103.44
Coefficient Of Variation14.19
Mean Deviation13.00
Median116.69
Standard Deviation14.83
Sample Variance220.01
Range38.9065
R-Value(0.20)
Mean Square Error227.44
R-Squared0.04
Significance0.47
Slope(0.66)
Total Sum of Squares3,080

Gates Days Of Inventory Outstanding History

2024 77.78
2023 93.58
2022 103.97
2016 79.42
2015 88.78
2013 97.38
2012 93.02

About Gates Industrial Financial Statements

Gates Industrial shareholders use historical fundamental indicators, such as Days Of Inventory Outstanding, to determine how well the company is positioned to perform in the future. Although Gates Industrial investors may analyze each financial statement separately, they are all interrelated. The changes in Gates Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Gates Industrial'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
Days Of Inventory Outstanding 93.58  77.78 

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Additional Tools for Gates Stock Analysis

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