Mistras Change To Inventory from 2010 to 2024

MG Stock  USD 9.27  0.12  1.31%   
Mistras' Change To Inventory is decreasing over the last several years with stable swings. Change To Inventory is estimated to finish at about -1.8 M this year. Change To Inventory is the increase or decrease in the amount of inventory Mistras Group has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2008-06-30
Previous Quarter
-65 K
Current Value
519 K
Quarterly Volatility
714 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mistras financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mistras' main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.5 M, Interest Expense of 17.6 M or Selling General Administrative of 121.2 M, as well as many indicators such as Price To Sales Ratio of 0.3, Dividend Yield of 0.0 or PTB Ratio of 0.88. Mistras financial statements analysis is a perfect complement when working with Mistras Valuation or Volatility modules.
  
Check out the analysis of Mistras Correlation against competitors.

Latest Mistras' Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Mistras Group over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Mistras' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mistras' overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Pretty Stable
   Change To Inventory   
       Timeline  

Mistras Change To Inventory Regression Statistics

Arithmetic Mean(588,510)
Coefficient Of Variation(198.50)
Mean Deviation1,022,212
Median(117,000)
Standard Deviation1,168,201
Sample Variance1.4T
Range4M
R-Value(0.24)
Mean Square Error1.4T
R-Squared0.06
Significance0.40
Slope(61,763)
Total Sum of Squares19.1T

Mistras Change To Inventory History

2024-1.8 M
2023-1.9 M
2022-1.3 M
2021278 K
202084 K
2019-302 K
2018-2.8 M

About Mistras Financial Statements

Mistras stakeholders use historical fundamental indicators, such as Mistras' Change To Inventory, to determine how well the company is positioned to perform in the future. Although Mistras investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mistras' assets and liabilities are reflected in the revenues and expenses on Mistras' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mistras Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-1.9 M-1.8 M

Currently Active Assets on Macroaxis

Check out the analysis of Mistras Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Research & Consulting Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mistras. If investors know Mistras will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mistras listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
19
Earnings Share
0.35
Revenue Per Share
23.998
Quarterly Revenue Growth
0.019
Return On Assets
0.0467
The market value of Mistras Group is measured differently than its book value, which is the value of Mistras that is recorded on the company's balance sheet. Investors also form their own opinion of Mistras' value that differs from its market value or its book value, called intrinsic value, which is Mistras' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mistras' market value can be influenced by many factors that don't directly affect Mistras' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mistras' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mistras is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mistras' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.