Joint Average Inventory from 2010 to 2024

JYNT Stock  USD 11.95  0.20  1.70%   
Joint Corp Average Inventory yearly trend continues to be comparatively stable with very little volatility. Average Inventory will likely drop to about 593.3 K in 2024. Average Inventory is the average amount of inventory The Joint Corp holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
929.7 K
Current Value
593.3 K
Quarterly Volatility
749.7 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Joint Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Joint Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9 M, Interest Expense of 132.4 K or Selling General Administrative of 85.5 M, as well as many indicators such as Price To Sales Ratio of 1.14, Dividend Yield of 0.0 or PTB Ratio of 4.63. Joint financial statements analysis is a perfect complement when working with Joint Corp Valuation or Volatility modules.
  
Check out the analysis of Joint Corp Correlation against competitors.

Latest Joint Corp's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of The Joint Corp over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. Joint Corp's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Joint Corp's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Joint Average Inventory Regression Statistics

Arithmetic Mean540,436
Coefficient Of Variation138.72
Mean Deviation600,443
Median668,512
Standard Deviation749,714
Sample Variance562.1B
Range2M
R-Value0.82
Mean Square Error197.2B
R-Squared0.67
Significance0.0002
Slope137,650
Total Sum of Squares7.9T

Joint Average Inventory History

2024593.3 K
2023929.7 K
20201.6 M
2019850.3 K
2015668.5 K

About Joint Corp Financial Statements

Joint Corp shareholders use historical fundamental indicators, such as Average Inventory, to determine how well the company is positioned to perform in the future. Although Joint Corp investors may analyze each financial statement separately, they are all interrelated. The changes in Joint Corp's assets and liabilities, for example, are also reflected in the revenues and expenses on on Joint Corp'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
Average Inventory929.7 K593.3 K

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Additional Tools for Joint Stock Analysis

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