Marine Inventory Turnover from 2010 to 2024

MPX Stock  USD 9.84  0.28  2.93%   
Marine Products Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover is likely to outpace its year average in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
4.76132509
Current Value
5.95
Quarterly Volatility
1.00470255
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Marine Products financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Marine Products' main balance sheet or income statement drivers, such as Interest Expense of 85.5 K, Total Revenue of 229.5 M or Gross Profit of 51 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0528 or PTB Ratio of 3.01. Marine financial statements analysis is a perfect complement when working with Marine Products Valuation or Volatility modules.
  
Check out the analysis of Marine Products Correlation against competitors.
For more information on how to buy Marine Stock please use our How to Invest in Marine Products guide.

Latest Marine Products' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Marine Products over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Marine Products' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Marine Products' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Pretty Stable
   Inventory Turnover   
       Timeline  

Marine Inventory Turnover Regression Statistics

Arithmetic Mean4.82
Geometric Mean4.72
Coefficient Of Variation20.85
Mean Deviation0.70
Median4.80
Standard Deviation1.00
Sample Variance1.01
Range4.141
R-Value(0.16)
Mean Square Error1.06
R-Squared0.03
Significance0.57
Slope(0.04)
Total Sum of Squares14.13

Marine Inventory Turnover History

2024 5.95
2023 4.76
2022 3.93
2021 3.14
2020 4.4
2019 5.46
2018 4.97

About Marine Products Financial Statements

Marine Products investors use historical fundamental indicators, such as Marine Products' Inventory Turnover, 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 Marine Products. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 4.76  5.95 

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Additional Tools for Marine Stock Analysis

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