HERC Average Inventory from 2010 to 2026
| HERC Stock | USD 0.0001 0.00 0.00% |
Average Inventory | First Reported 2010-12-31 | Previous Quarter 56.5 K | Current Value 31.6 K | Quarterly Volatility 12.6 K |
Check HERC Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HERC Products' main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 0.0 or Selling General Administrative of 2.9 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0 or PTB Ratio of 4.26. HERC financial statements analysis is a perfect complement when working with HERC Products Valuation or Volatility modules.
HERC | Average Inventory | Build AI portfolio with HERC Stock |
Latest HERC Products' Average Inventory Growth Pattern
Below is the plot of the Average Inventory of HERC Products over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. HERC Products' Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HERC Products' overall financial position and show how it may be relating to other accounts over time.
| Average Inventory | 10 Years Trend |
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Average Inventory |
| Timeline |
HERC Average Inventory Regression Statistics
| Arithmetic Mean | 57,969 | |
| Geometric Mean | 55,834 | |
| Coefficient Of Variation | 21.69 | |
| Mean Deviation | 7,857 | |
| Median | 62,740 | |
| Standard Deviation | 12,574 | |
| Sample Variance | 158.1M | |
| Range | 43.7K | |
| R-Value | 0.06 | |
| Mean Square Error | 168.1M | |
| R-Squared | 0 | |
| Significance | 0.83 | |
| Slope | 138.07 | |
| Total Sum of Squares | 2.5B |
HERC Average Inventory History
About HERC Products Financial Statements
HERC Products stakeholders use historical fundamental indicators, such as HERC Products' Average Inventory, to determine how well the company is positioned to perform in the future. Although HERC Products investors may analyze each financial statement separately, they are all interrelated. For example, changes in HERC Products' assets and liabilities are reflected in the revenues and expenses on HERC Products' 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 HERC Products. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Average Inventory | 56.5 K | 31.6 K |
Also Currently Popular
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 HERC Products offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HERC Products' 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 Herc Products Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Herc Products Stock:Check out the analysis of HERC Products Correlation against competitors. For information on how to trade HERC Stock refer to our How to Trade HERC Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Environmental & Facilities Services 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 HERC Products. If investors know HERC 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 HERC Products listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of HERC Products is measured differently than its book value, which is the value of HERC that is recorded on the company's balance sheet. Investors also form their own opinion of HERC Products' value that differs from its market value or its book value, called intrinsic value, which is HERC Products' 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 HERC Products' market value can be influenced by many factors that don't directly affect HERC Products' 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 HERC Products' value and its price as these two are different measures arrived at by different means. Investors typically determine if HERC Products is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HERC Products' 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.