HighPeak Inventory Turnover from 2010 to 2024

HPKEW Stock  USD 5.05  0.45  8.18%   
HighPeak Energy Inventory Turnover yearly trend continues to be fairly 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
87.40198511
Current Value
95.66
Quarterly Volatility
55.74640921
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HighPeak Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HighPeak Energy's main balance sheet or income statement drivers, such as Tax Provision of 69.2 M, Interest Income of 3.1 M or Interest Expense of 155.3 M, as well as many indicators such as Price To Sales Ratio of 1.44, Dividend Yield of 0.0048 or PTB Ratio of 1.03. HighPeak financial statements analysis is a perfect complement when working with HighPeak Energy Valuation or Volatility modules.
  
Check out the analysis of HighPeak Energy Correlation against competitors.
For more information on how to buy HighPeak Stock please use our How to Invest in HighPeak Energy guide.

Latest HighPeak Energy's Inventory Turnover Growth Pattern

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

HighPeak Inventory Turnover Regression Statistics

Arithmetic Mean61.75
Geometric Mean50.68
Coefficient Of Variation90.28
Mean Deviation33.22
Median43.97
Standard Deviation55.75
Sample Variance3,108
Range230
R-Value0.31
Mean Square Error3,027
R-Squared0.1
Significance0.26
Slope3.85
Total Sum of Squares43,507

HighPeak Inventory Turnover History

2024 95.66
2023 87.4
2022 21.53
2021 30.57
2020 251.35

About HighPeak Energy Financial Statements

HighPeak Energy investors use historical fundamental indicators, such as HighPeak Energy's Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in HighPeak Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 87.40  95.66 

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.

Additional Tools for HighPeak Stock Analysis

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