Nano Inventory Turnover from 2010 to 2024

NNOX Stock  USD 6.36  0.20  3.25%   
Nano X Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 3.82 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
7.00212224
Current Value
3.82
Quarterly Volatility
2.10416458
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nano X financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nano X's main balance sheet or income statement drivers, such as Net Interest Income of 1.2 M, Depreciation And Amortization of 12.4 M or Interest Expense of 72.7 M, as well as many indicators such as Price To Sales Ratio of 34.44, Dividend Yield of 0.0 or PTB Ratio of 1.93. Nano financial statements analysis is a perfect complement when working with Nano X Valuation or Volatility modules.
  
Check out the analysis of Nano X Correlation against competitors.

Latest Nano X's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Nano X Imaging 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. Nano X's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nano X's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Nano Inventory Turnover Regression Statistics

Arithmetic Mean1.87
Geometric Mean1.30
Coefficient Of Variation112.62
Mean Deviation1.55
Median0.90
Standard Deviation2.10
Sample Variance4.43
Range6.1022
R-Value0.64
Mean Square Error2.80
R-Squared0.41
Significance0.01
Slope0.30
Total Sum of Squares61.99

Nano Inventory Turnover History

2024 3.82
2023 7.0
2022 6.4

About Nano X Financial Statements

Nano X investors use historical fundamental indicators, such as Nano X's 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 Nano X. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 7.00  3.82 

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Additional Tools for Nano Stock Analysis

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