The9 Average Inventory from 2010 to 2024

NCTY Stock  USD 11.10  0.04  0.36%   
The9 Average Inventory yearly trend continues to be fairly stable with very little volatility. Average Inventory is likely to outpace its year average in 2024. Average Inventory is the average amount of inventory The9 Ltd ADR 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
331.6 M
Current Value
348.2 M
Quarterly Volatility
155.1 M
 
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Yuan Drop
 
Covid
Check The9 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among The9's main balance sheet or income statement drivers, such as Depreciation And Amortization of 55.6 M, Interest Expense of 29.2 M or Selling General Administrative of 166.1 M, as well as many indicators such as Price To Sales Ratio of 0.14, Dividend Yield of 0.0128 or PTB Ratio of 0.13. The9 financial statements analysis is a perfect complement when working with The9 Valuation or Volatility modules.
  
Check out the analysis of The9 Correlation against competitors.

Latest The9's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of The9 Ltd ADR 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. The9's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in The9's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

The9 Average Inventory Regression Statistics

Arithmetic Mean108,563,176
Geometric Mean12,433,708
Coefficient Of Variation142.87
Mean Deviation131,015,533
Median23,715,898
Standard Deviation155,106,828
Sample Variance24058.1T
Range368.1M
R-Value0.83
Mean Square Error8124.3T
R-Squared0.69
Significance0.0001
Slope28,735,097
Total Sum of Squares336813.8T

The9 Average Inventory History

2024348.2 M
2023331.6 M
2021368.5 M
201967.3 M
201623.7 M
2011371.5 K
20103.9 M

About The9 Financial Statements

The9 investors use historical fundamental indicators, such as The9's 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 The9. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory331.6 M348.2 M

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Additional Tools for The9 Stock Analysis

When running The9's price analysis, check to measure The9'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 The9 is operating at the current time. Most of The9's value examination focuses on studying past and present price action to predict the probability of The9's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move The9's price. Additionally, you may evaluate how the addition of The9 to your portfolios can decrease your overall portfolio volatility.