Intuit Inventory Turnover from 2010 to 2024

INTU Stock  USD 640.12  38.58  5.68%   
Intuit Inventory Turnover yearly trend continues to be comparatively 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
8.61
Current Value
16.8
Quarterly Volatility
45.08786206
 
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Yuan Drop
 
Covid
Check Intuit financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Intuit's main balance sheet or income statement drivers, such as Depreciation And Amortization of 828.5 M, Interest Expense of 263.6 M or Total Revenue of 17.1 B, as well as many indicators such as Price To Sales Ratio of 11.69, Dividend Yield of 0.0089 or PTB Ratio of 6.64. Intuit financial statements analysis is a perfect complement when working with Intuit Valuation or Volatility modules.
  
Check out the analysis of Intuit Correlation against competitors.

Latest Intuit's Inventory Turnover Growth Pattern

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

Intuit Inventory Turnover Regression Statistics

Arithmetic Mean24.99
Coefficient Of Variation180.45
Mean Deviation34.54
Median7.48
Standard Deviation45.09
Sample Variance2,033
Range114
R-Value(0.54)
Mean Square Error1,556
R-Squared0.29
Significance0.04
Slope(5.42)
Total Sum of Squares28,461

Intuit Inventory Turnover History

2024 16.8
2023 8.61
2021 7.48
2020 -1.18
2019 -2.22
2014 -1.69

About Intuit Financial Statements

Intuit shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Intuit investors may analyze each financial statement separately, they are all interrelated. The changes in Intuit's assets and liabilities, for example, are also reflected in the revenues and expenses on on Intuit's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 8.61  16.80 

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Additional Tools for Intuit Stock Analysis

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