MDU Inventory Turnover from 2010 to 2024

MDU Stock  USD 19.94  0.66  3.42%   
MDU Resources 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
46.17470707
Current Value
48.48
Quarterly Volatility
13.06923276
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MDU Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MDU Resources' main balance sheet or income statement drivers, such as Interest Expense of 120 M, Total Revenue of 3 B or Gross Profit of 590.9 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0927 or PTB Ratio of 0.55. MDU financial statements analysis is a perfect complement when working with MDU Resources Valuation or Volatility modules.
  
Check out the analysis of MDU Resources Correlation against competitors.

Latest MDU Resources' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of MDU Resources Group 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. MDU Resources' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MDU Resources' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

MDU Inventory Turnover Regression Statistics

Arithmetic Mean16.77
Geometric Mean13.06
Coefficient Of Variation77.91
Mean Deviation8.15
Median14.06
Standard Deviation13.07
Sample Variance170.80
Range46.158
R-Value0.76
Mean Square Error77.10
R-Squared0.58
Significance0.001
Slope2.23
Total Sum of Squares2,391

MDU Inventory Turnover History

2024 48.48
2023 46.17
2022 15.04
2021 13.81
2020 15.4
2019 15.82
2018 13.02

About MDU Resources Financial Statements

MDU Resources shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although MDU Resources investors may analyze each financial statement separately, they are all interrelated. The changes in MDU Resources' assets and liabilities, for example, are also reflected in the revenues and expenses on on MDU Resources' 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 46.17  48.48 

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Additional Tools for MDU Stock Analysis

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