The9 Days Of Inventory On Hand from 2010 to 2024

NCTY Stock  USD 11.10  0.04  0.36%   
The9 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 452.74 in 2024. During the period from 2010 to 2024, The9 Days Of Inventory On Hand regression line of annual values had r-squared of  0.02 and arithmetic mean of  2,795. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
476.57
Current Value
452.74
Quarterly Volatility
9.4 K
 
Credit Downgrade
 
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 Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of The9 Ltd ADR over the last few years. It is The9's Days Of Inventory On Hand 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.
Days Of Inventory On Hand10 Years Trend
Pretty Stable
   Days Of Inventory On Hand   
       Timeline  

The9 Days Of Inventory On Hand Regression Statistics

Arithmetic Mean2,795
Geometric Mean81.50
Coefficient Of Variation335.16
Mean Deviation4,509
Median347.87
Standard Deviation9,367
Sample Variance87.7M
Range36.6K
R-Value0.14
Mean Square Error92.5M
R-Squared0.02
Significance0.61
Slope302.42
Total Sum of Squares1.2B

The9 Days Of Inventory On Hand History

2024 452.74
2023 476.57
2022 529.53
2021 1945.14
2020 12.43
201936.6 K
2018 414.4

About The9 Financial Statements

The9 investors use historical fundamental indicators, such as The9'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 The9. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 476.57  452.74 

Also Currently Popular

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.

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.