Heart Inventory Turnover from 2010 to 2024

HSCSW Stock  USD 0.03  0.00  0.00%   
Heart Test Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 0.01 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
0.00966498
Current Value
0.009182
Quarterly Volatility
0.02177279
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Heart Test financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Heart Test's main balance sheet or income statement drivers, such as Depreciation And Amortization of 58.5 K, Interest Expense of 242.9 K or Selling General Administrative of 2.5 M, as well as many indicators such as Price To Sales Ratio of 349, Dividend Yield of 0.0 or PTB Ratio of 0.42. Heart financial statements analysis is a perfect complement when working with Heart Test Valuation or Volatility modules.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Latest Heart Test's Inventory Turnover Growth Pattern

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

Heart Inventory Turnover Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.03
Coefficient Of Variation55.26
Mean Deviation0.02
Median0.05
Standard Deviation0.02
Sample Variance0.0005
Range0.0501
R-Value(0.82)
Mean Square Error0.0002
R-Squared0.68
Significance0.0002
Slope(0)
Total Sum of Squares0.01

Heart Inventory Turnover History

2024 0.009182
2023 0.009665
2022 0.004134
2021 0.0117
2020 0.0142

About Heart Test Financial Statements

Heart Test investors use historical fundamental indicators, such as Heart Test'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 Heart Test. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 0.01  0.01 

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Additional Tools for Heart Stock Analysis

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