ITT Inventory Turnover from 2010 to 2024

ITT Stock  USD 158.38  2.92  1.88%   
ITT 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
3.78119569
Current Value
7.48
Quarterly Volatility
4.19593661
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ITT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ITT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 159.1 M, Interest Expense of 9.9 M or Total Revenue of 4.7 B, as well as many indicators such as Price To Sales Ratio of 3.14, Dividend Yield of 0.0093 or PTB Ratio of 4.08. ITT financial statements analysis is a perfect complement when working with ITT Valuation or Volatility modules.
  
Check out the analysis of ITT Correlation against competitors.

Latest ITT's Inventory Turnover Growth Pattern

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

ITT Inventory Turnover Regression Statistics

Arithmetic Mean6.28
Geometric Mean5.65
Coefficient Of Variation66.84
Mean Deviation2.13
Median5.37
Standard Deviation4.20
Sample Variance17.61
Range17.3008
R-Value(0.47)
Mean Square Error14.78
R-Squared0.22
Significance0.08
Slope(0.44)
Total Sum of Squares246.48

ITT Inventory Turnover History

2024 7.48
2023 3.78
2022 3.87
2021 4.33
2020 4.7
2019 4.93
2018 4.88

About ITT Financial Statements

ITT shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although ITT investors may analyze each financial statement separately, they are all interrelated. The changes in ITT's assets and liabilities, for example, are also reflected in the revenues and expenses on on ITT'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 3.78  7.48 

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Additional Tools for ITT Stock Analysis

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