Gray Days Of Inventory On Hand from 2010 to 2024

GTN Stock  USD 4.36  0.01  0.23%   
Gray Television Days Of Inventory On Hand yearly trend continues to be very stable with very little volatility. Days Of Inventory On Hand is likely to grow to 6.91 this year. During the period from 2010 to 2024, Gray Television Days Of Inventory On Hand quarterly data regression pattern had range of 26.9012 and standard deviation of  8.40. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
6.28
Current Value
6.91
Quarterly Volatility
8.39831146
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gray Television financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gray Television's main balance sheet or income statement drivers, such as Depreciation And Amortization of 355.9 M, Interest Expense of 462 M or Total Revenue of 3.4 B, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.1 or PTB Ratio of 0.3. Gray financial statements analysis is a perfect complement when working with Gray Television Valuation or Volatility modules.
  
Check out the analysis of Gray Television Correlation against competitors.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.

Latest Gray Television's Days Of Inventory On Hand Growth Pattern

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

Gray Days Of Inventory On Hand Regression Statistics

Arithmetic Mean12.24
Coefficient Of Variation68.59
Mean Deviation6.97
Median9.60
Standard Deviation8.40
Sample Variance70.53
Range26.9012
R-Value(0.35)
Mean Square Error66.48
R-Squared0.12
Significance0.20
Slope(0.66)
Total Sum of Squares987.44

Gray Days Of Inventory On Hand History

2024 6.91
2023 6.28
2022 6.98
2021 21.31
2020 15.99
2019 6.26
2018 4.47

About Gray Television Financial Statements

Gray Television investors utilize fundamental indicators, such as Days Of Inventory On Hand, to predict how Gray 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
Days Of Inventory On Hand 6.28  6.91 
When determining whether Gray Television offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gray Television'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 Gray Television Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gray Television Stock:
Check out the analysis of Gray Television Correlation against competitors.
To learn how to invest in Gray Stock, please use our How to Invest in Gray Television guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Broadcasting 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 Gray Television. If investors know Gray 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 Gray Television 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
10.164
Dividend Share
0.32
Earnings Share
1.5
Revenue Per Share
36.743
Quarterly Revenue Growth
0.183
The market value of Gray Television is measured differently than its book value, which is the value of Gray that is recorded on the company's balance sheet. Investors also form their own opinion of Gray Television's value that differs from its market value or its book value, called intrinsic value, which is Gray Television'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 Gray Television's market value can be influenced by many factors that don't directly affect Gray Television'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 Gray Television's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gray Television is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gray Television'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.