Knight Days Of Inventory On Hand from 2010 to 2024

KNX Stock  USD 57.62  1.41  2.51%   
Knight Transportation Days Of Inventory On Hand yearly trend continues to be fairly stable with very little volatility. Days Of Inventory On Hand is likely to outpace its year average in 2024. During the period from 2010 to 2024, Knight Transportation Days Of Inventory On Hand regression line of annual values had r-squared of  0.31 and arithmetic mean of  14.41. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
19.85
Current Value
20.84
Quarterly Volatility
7.15004071
 
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 Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Knight Transportation over the last few years. It is Knight Transportation's Days Of Inventory On Hand 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.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Knight Days Of Inventory On Hand Regression Statistics

Arithmetic Mean14.41
Geometric Mean12.96
Coefficient Of Variation49.61
Mean Deviation5.20
Median14.07
Standard Deviation7.15
Sample Variance51.12
Range25.8969
R-Value0.56
Mean Square Error37.91
R-Squared0.31
Significance0.03
Slope0.89
Total Sum of Squares715.72

Knight Days Of Inventory On Hand History

2024 20.84
2023 19.85
2022 22.06
2021 15.27
2020 14.75
2019 14.07
2018 14.26

About Knight Transportation Financial Statements

Knight Transportation investors use historical fundamental indicators, such as Knight Transportation's Days Of Inventory On Hand, 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
Days Of Inventory On Hand 19.85  20.84 

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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.