National Days Of Inventory On Hand from 2010 to 2024

NKSH Stock  USD 31.82  0.25  0.79%   
National Bankshares' Days Of Inventory On Hand is decreasing with slightly volatile movements from year to year. Days Of Inventory On Hand is predicted to flatten to about -12.4 K. For the period between 2010 and 2024, National Bankshares, Days Of Inventory On Hand quarterly trend regression had median of (9,492) and r-value of (0.54). View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
-11.9 K
Current Value
-12.4 K
Quarterly Volatility
2.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Bankshares financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Bankshares' main balance sheet or income statement drivers, such as Depreciation And Amortization of 987 K, Interest Expense of 22.6 M or Selling General Administrative of 5 M, as well as many indicators such as Price To Sales Ratio of 7.55, Dividend Yield of 0.0815 or PTB Ratio of 1.69. National financial statements analysis is a perfect complement when working with National Bankshares Valuation or Volatility modules.
  
Check out the analysis of National Bankshares Correlation against competitors.
For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.

Latest National Bankshares' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of National Bankshares over the last few years. It is National Bankshares' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in National Bankshares' 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  

National Days Of Inventory On Hand Regression Statistics

Arithmetic Mean(10,384)
Coefficient Of Variation(21.85)
Mean Deviation1,675
Median(9,492)
Standard Deviation2,269
Sample Variance5.2M
Range9.2K
R-Value(0.54)
Mean Square Error3.9M
R-Squared0.29
Significance0.04
Slope(274.11)
Total Sum of Squares72.1M

National Days Of Inventory On Hand History

2024-12.4 K
2023-11.9 K
2022-10.3 K
2021-15.7 K
2020-14.1 K
2018 -9237.08
2017 -6442.73

About National Bankshares Financial Statements

Investors use fundamental indicators, such as National Bankshares' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although National Bankshares' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Of Inventory On Hand-11.9 K-12.4 K

Currently Active Assets on Macroaxis

When determining whether National Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Bankshares' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Bankshares Stock:
Check out the analysis of National Bankshares Correlation against competitors.
For more detail on how to invest in National Stock please use our How to Invest in National Bankshares guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Regional Banks 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 National Bankshares. If investors know National 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 National Bankshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
1.51
Earnings Share
1.46
Revenue Per Share
7.192
Quarterly Revenue Growth
0.051
The market value of National Bankshares is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Bankshares' value that differs from its market value or its book value, called intrinsic value, which is National Bankshares' 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 National Bankshares' market value can be influenced by many factors that don't directly affect National Bankshares' 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 National Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if National Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Bankshares' 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.