Mueller Inventory from 2010 to 2024

MLI Stock  USD 91.70  0.70  0.77%   
Mueller Industries' Inventory is increasing with slightly volatile movements from year to year. Inventory is predicted to flatten to about 223.6 M. For the period between 2010 and 2024, Mueller Industries, Inventory quarterly trend regression had mean deviation of  70,011,194 and range of 351.2 M. View All Fundamentals
 
Inventory  
First Reported
1990-12-31
Previous Quarter
406.2 M
Current Value
400.3 M
Quarterly Volatility
108.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mueller Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mueller Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.6 M, Interest Expense of 1.2 M or Total Revenue of 1.9 B, as well as many indicators such as Price To Sales Ratio of 1.59, Dividend Yield of 0.0122 or PTB Ratio of 1.15. Mueller financial statements analysis is a perfect complement when working with Mueller Industries Valuation or Volatility modules.
  
Check out the analysis of Mueller Industries Correlation against competitors.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.

Latest Mueller Industries' Inventory Growth Pattern

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

Mueller Inventory Regression Statistics

Arithmetic Mean285,590,293
Geometric Mean270,302,267
Coefficient Of Variation31.59
Mean Deviation70,011,194
Median256,585,000
Standard Deviation90,214,596
Sample Variance8138.7T
Range351.2M
R-Value0.71
Mean Square Error4307.8T
R-Squared0.51
Significance0
Slope14,384,978
Total Sum of Squares113941.4T

Mueller Inventory History

2024223.6 M
2023380.2 M
2022448.9 M
2021430.2 M
2020315 M
2019292.1 M
2018329.8 M

Other Fundumenentals of Mueller Industries

About Mueller Industries Financial Statements

Investors use fundamental indicators, such as Mueller Industries' Inventory, to determine how well the company is positioned to perform in the future. Although Mueller Industries' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Inventory380.2 M223.6 M
Change To Inventory67.9 M71.3 M
Inventory Turnover 6.51  5.60 
Days Of Inventory On Hand 56.07  59.30 
Days Of Inventory Outstanding 56.07  59.30 

Currently Active Assets on Macroaxis

When determining whether Mueller Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mueller Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mueller Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mueller Industries Stock:
Check out the analysis of Mueller Industries Correlation against competitors.
For more detail on how to invest in Mueller Stock please use our How to Invest in Mueller Industries guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Industrial Machinery & Supplies & Components 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 Mueller Industries. If investors know Mueller 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 Mueller Industries 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
0.265
Dividend Share
0.75
Earnings Share
5.14
Revenue Per Share
32.118
Quarterly Revenue Growth
0.217
The market value of Mueller Industries is measured differently than its book value, which is the value of Mueller that is recorded on the company's balance sheet. Investors also form their own opinion of Mueller Industries' value that differs from its market value or its book value, called intrinsic value, which is Mueller Industries' 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 Mueller Industries' market value can be influenced by many factors that don't directly affect Mueller Industries' 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 Mueller Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mueller Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mueller Industries' 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.