MeiraGTx Average Inventory from 2010 to 2024

MGTX Stock  USD 5.93  0.01  0.17%   
MeiraGTx Holdings Average Inventory yearly trend continues to be fairly stable with very little volatility. Average Inventory will likely drop to about 3.9 M in 2024. Average Inventory is the average amount of inventory MeiraGTx Holdings PLC 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
6.8 M
Current Value
3.9 M
Quarterly Volatility
2.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MeiraGTx Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MeiraGTx Holdings' main balance sheet or income statement drivers, such as Interest Income of 2.3 M, Depreciation And Amortization of 14.4 M or Interest Expense of 13.9 M, as well as many indicators such as Price To Sales Ratio of 35.48, Dividend Yield of 0.0 or PTB Ratio of 3.01. MeiraGTx financial statements analysis is a perfect complement when working with MeiraGTx Holdings Valuation or Volatility modules.
  
Check out the analysis of MeiraGTx Holdings Correlation against competitors.

Latest MeiraGTx Holdings' Average Inventory Growth Pattern

Below is the plot of the Average Inventory of MeiraGTx Holdings PLC 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. MeiraGTx Holdings' Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MeiraGTx Holdings' overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

MeiraGTx Average Inventory Regression Statistics

Arithmetic Mean3,723,886
Geometric Mean3,190,072
Coefficient Of Variation62.91
Mean Deviation1,989,125
Median2,232,042
Standard Deviation2,342,875
Sample Variance5.5T
Range5.4M
R-Value0.71
Mean Square Error3T
R-Squared0.50
Significance0
Slope370,730
Total Sum of Squares76.8T

MeiraGTx Average Inventory History

20243.9 M
20236.8 M
20207.6 M

About MeiraGTx Holdings Financial Statements

MeiraGTx Holdings investors use historical fundamental indicators, such as MeiraGTx Holdings' 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 MeiraGTx Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory6.8 M3.9 M

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for MeiraGTx Stock Analysis

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