HealthEquity Average Inventory from 2010 to 2024

HQY Stock  USD 103.57  0.19  0.18%   
HealthEquity Average Inventory yearly trend continues to be fairly stable with very little volatility. Average Inventory will likely drop to 0.55 in 2024. Average Inventory is the average amount of inventory HealthEquity holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
0.57
Current Value
0.55
Quarterly Volatility
54.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check HealthEquity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among HealthEquity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 160.7 M, Interest Expense of 58.2 M or Selling General Administrative of 108.8 M, as well as many indicators such as Price To Sales Ratio of 6.57, Dividend Yield of 0.0735 or PTB Ratio of 5.64. HealthEquity financial statements analysis is a perfect complement when working with HealthEquity Valuation or Volatility modules.
  
Check out the analysis of HealthEquity Correlation against competitors.
For more information on how to buy HealthEquity Stock please use our How to Invest in HealthEquity guide.

Latest HealthEquity's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of HealthEquity 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. HealthEquity's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in HealthEquity's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

HealthEquity Average Inventory Regression Statistics

Arithmetic Mean64,501
Geometric Mean803.50
Coefficient Of Variation84.51
Mean Deviation51,600
Median107,500
Standard Deviation54,512
Sample Variance3B
Range107.5K
R-Value(0.85)
Mean Square Error885.8M
R-Squared0.72
Significance0.000059
Slope(10,366)
Total Sum of Squares41.6B

HealthEquity Average Inventory History

2024 0.55
2023 0.57
2019 0.5

About HealthEquity Financial Statements

HealthEquity investors use historical fundamental indicators, such as HealthEquity's Average Inventory, 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 HealthEquity. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory 0.57  0.55 

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 HealthEquity Stock Analysis

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