Hertz Inventory Turnover from 2010 to 2024

HTZWW Stock  USD 2.63  0.30  12.88%   
Hertz Global Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 13.00 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
13.68
Current Value
13
Quarterly Volatility
50.11145908
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hertz Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hertz Global's main balance sheet or income statement drivers, such as Total Revenue of 9 B, Gross Profit of 1.9 B or Other Operating Expenses of 8.1 B, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0332 or PTB Ratio of 1.0. Hertz financial statements analysis is a perfect complement when working with Hertz Global Valuation or Volatility modules.
  
Check out the analysis of Hertz Global Correlation against competitors.

Latest Hertz Global's Inventory Turnover Growth Pattern

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

Hertz Inventory Turnover Regression Statistics

Arithmetic Mean46.75
Geometric Mean27.68
Coefficient Of Variation107.18
Mean Deviation38.03
Median27.10
Standard Deviation50.11
Sample Variance2,511
Range167
R-Value(0.55)
Mean Square Error1,884
R-Squared0.30
Significance0.03
Slope(6.17)
Total Sum of Squares35,156

Hertz Inventory Turnover History

2024 13.0
2023 13.68
2022 11.9
2021 11.74
2020 2.55
2019 16.26
2018 28.43

About Hertz Global Financial Statements

Hertz Global investors use historical fundamental indicators, such as Hertz Global'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 Hertz Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 13.68  13.00 

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Additional Tools for Hertz Stock Analysis

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