Knight Average Inventory from 2010 to 2024

KNX Stock  USD 59.09  0.50  0.84%   
Knight Transportation Average Inventory yearly trend continues to be fairly stable with very little volatility. Average Inventory is likely to outpace its year average in 2024. Average Inventory is the average amount of inventory Knight Transportation 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
1.2 M
Current Value
1.3 M
Quarterly Volatility
253.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Knight Transportation financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Knight Transportation's main balance sheet or income statement drivers, such as Depreciation And Amortization of 771.9 M, Interest Expense of 133.5 M or Selling General Administrative of 671.2 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0172 or PTB Ratio of 1.25. Knight financial statements analysis is a perfect complement when working with Knight Transportation Valuation or Volatility modules.
  
Check out the analysis of Knight Transportation Correlation against competitors.
For more information on how to buy Knight Stock please use our How to Invest in Knight Transportation guide.

Latest Knight Transportation's Average Inventory Growth Pattern

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

Knight Average Inventory Regression Statistics

Arithmetic Mean1,269,729
Geometric Mean1,223,344
Coefficient Of Variation19.95
Mean Deviation128,044
Median1,349,308
Standard Deviation253,274
Sample Variance64.1B
Range984.6K
R-Value0.35
Mean Square Error60.6B
R-Squared0.12
Significance0.20
Slope19,867
Total Sum of Squares898.1B

Knight Average Inventory History

20241.3 M
20231.2 M
20111.3 M
2010364.8 K

About Knight Transportation Financial Statements

Knight Transportation investors use historical fundamental indicators, such as Knight Transportation's Average Inventory, 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 Knight Transportation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory1.2 M1.3 M

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Additional Tools for Knight Stock Analysis

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