Intrepid Inventory Turnover from 2010 to 2024

IPI Stock  USD 27.65  0.85  3.17%   
Intrepid Potash's Inventory Turnover is decreasing with slightly volatile movements from year to year. Inventory Turnover is estimated to finish at 3.74 this year. 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
2.12019921
Current Value
3.74
Quarterly Volatility
1.27826038
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Intrepid Potash financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Intrepid Potash's main balance sheet or income statement drivers, such as Depreciation And Amortization of 30.6 M, Interest Expense of 86.4 K or Selling General Administrative of 24.7 M, as well as many indicators such as Price To Sales Ratio of 1.04, Dividend Yield of 0.0169 or PTB Ratio of 0.42. Intrepid financial statements analysis is a perfect complement when working with Intrepid Potash Valuation or Volatility modules.
  
Check out the analysis of Intrepid Potash Correlation against competitors.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.

Latest Intrepid Potash's Inventory Turnover Growth Pattern

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

Intrepid Inventory Turnover Regression Statistics

Arithmetic Mean3.04
Geometric Mean2.82
Coefficient Of Variation42.05
Mean Deviation1.08
Median2.55
Standard Deviation1.28
Sample Variance1.63
Range3.5783
R-Value(0.65)
Mean Square Error1.02
R-Squared0.42
Significance0.01
Slope(0.19)
Total Sum of Squares22.88

Intrepid Inventory Turnover History

2024 3.74
2023 2.12
2022 1.71
2021 2.72
2020 2.1
2019 1.87
2018 2.07

About Intrepid Potash Financial Statements

Investors use fundamental indicators, such as Intrepid Potash's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Intrepid Potash's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Inventory Turnover 2.12  3.74 

Currently Active Assets on Macroaxis

When determining whether Intrepid Potash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intrepid Potash's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Intrepid Potash Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intrepid Potash Stock:
Check out the analysis of Intrepid Potash Correlation against competitors.
For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Fertilizers & Agricultural Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intrepid Potash. If investors know Intrepid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intrepid Potash listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Earnings Share
(3.38)
Revenue Per Share
16.057
Quarterly Revenue Growth
0.06
Return On Assets
(0)
The market value of Intrepid Potash is measured differently than its book value, which is the value of Intrepid that is recorded on the company's balance sheet. Investors also form their own opinion of Intrepid Potash's value that differs from its market value or its book value, called intrinsic value, which is Intrepid Potash's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intrepid Potash's market value can be influenced by many factors that don't directly affect Intrepid Potash's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intrepid Potash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intrepid Potash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intrepid Potash's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.