Modular Days Of Inventory Outstanding from 2010 to 2024

MODD Stock  USD 1.70  0.06  3.66%   
Modular Medical's Days Of Inventory Outstanding is decreasing over the years with slightly volatile fluctuation. Days Of Inventory Outstanding is expected to dwindle to 78.04. During the period from 2010 to 2024 Modular Medical Days Of Inventory Outstanding annual values regression line had geometric mean of  95.44 and mean square error of  21.76. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
87.8
Current Value
78.04
Quarterly Volatility
5.46941777
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Modular Medical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Modular Medical's main balance sheet or income statement drivers, such as Depreciation And Amortization of 447.3 K, Selling General Administrative of 4.4 M or Other Operating Expenses of 18.4 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 3.69. Modular financial statements analysis is a perfect complement when working with Modular Medical Valuation or Volatility modules.
  
Check out the analysis of Modular Medical Correlation against competitors.
For information on how to trade Modular Stock refer to our How to Trade Modular Stock guide.

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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.
When determining whether Modular Medical is a strong investment it is important to analyze Modular Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Modular Medical's future performance. For an informed investment choice regarding Modular Stock, refer to the following important reports:
Check out the analysis of Modular Medical Correlation against competitors.
For information on how to trade Modular Stock refer to our How to Trade Modular Stock guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Equipment & Supplies 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 Modular Medical. If investors know Modular 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 Modular Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.65)
Return On Assets
(0.95)
Return On Equity
(1.83)
The market value of Modular Medical is measured differently than its book value, which is the value of Modular that is recorded on the company's balance sheet. Investors also form their own opinion of Modular Medical's value that differs from its market value or its book value, called intrinsic value, which is Modular Medical's 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 Modular Medical's market value can be influenced by many factors that don't directly affect Modular Medical's 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 Modular Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Modular Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Modular Medical's 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.