ModivCare Days Of Inventory On Hand from 2010 to 2024

MODV Stock  USD 17.76  0.03  0.17%   
ModivCare Days Of Inventory On Hand yearly trend continues to be fairly stable with very little volatility. Days Of Inventory On Hand will likely drop to 0.40 in 2024. During the period from 2010 to 2024, ModivCare Days Of Inventory On Hand regression line of quarterly data had mean square error of  12.20 and geometric mean of  1.03. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
0.42
Current Value
0.4
Quarterly Volatility
3.99249099
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ModivCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ModivCare's main balance sheet or income statement drivers, such as Interest Expense of 72.6 M, Selling General Administrative of 289.3 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0527 or PTB Ratio of 3.79. ModivCare financial statements analysis is a perfect complement when working with ModivCare Valuation or Volatility modules.
  
Check out the analysis of ModivCare Correlation against competitors.
For more information on how to buy ModivCare Stock please use our How to Invest in ModivCare guide.

Latest ModivCare's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of ModivCare over the last few years. It is ModivCare's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ModivCare's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

ModivCare Days Of Inventory On Hand Regression Statistics

Arithmetic Mean2.56
Geometric Mean1.03
Coefficient Of Variation156.05
Mean Deviation2.43
Median0.84
Standard Deviation3.99
Sample Variance15.94
Range15.7191
R-Value(0.54)
Mean Square Error12.20
R-Squared0.29
Significance0.04
Slope(0.48)
Total Sum of Squares223.16

ModivCare Days Of Inventory On Hand History

2024 0.4
2023 0.42
2022 0.37
2021 0.34
2020 0.26
2019 0.0404
2018 2.0

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare's Days Of Inventory On Hand, 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 ModivCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 0.42  0.40 

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Additional Tools for ModivCare Stock Analysis

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