North Average Inventory from 2010 to 2026

NOA Stock  USD 16.03  0.70  4.57%   
North American's Average Inventory is increasing over the years with slightly volatile fluctuation. Overall, Average Inventory is expected to go to about 5.6 M this year. Average Inventory is the average amount of inventory North American Construction 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
5.4 M
Current Value
5.6 M
Quarterly Volatility
1.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check North American financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among North American's main balance sheet or income statement drivers, such as Depreciation And Amortization of 201.3 M, Interest Expense of 28 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 0.83, Dividend Yield of 0.015 or PTB Ratio of 2.33. North financial statements analysis is a perfect complement when working with North American Valuation or Volatility modules.
  
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Check out the analysis of North American Correlation against competitors.
Analyzing North American's Average Inventory over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Average Inventory has evolved provides context for assessing North American's current valuation and future prospects.

Latest North American's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of North American Construction 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. North American's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in North American'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  

North Average Inventory Regression Statistics

Arithmetic Mean5,563,229
Geometric Mean4,660,347
Coefficient Of Variation25.44
Mean Deviation665,198
Median5,962,036
Standard Deviation1,415,255
Sample Variance2T
Range5.9M
R-Value0.35
Mean Square Error1.9T
R-Squared0.12
Significance0.17
Slope98,157
Total Sum of Squares32T

North Average Inventory History

20265.6 M
20255.4 M
2011M
2010106.4 K

About North American Financial Statements

North American stakeholders use historical fundamental indicators, such as North American's Average Inventory, to determine how well the company is positioned to perform in the future. Although North American investors may analyze each financial statement separately, they are all interrelated. For example, changes in North American's assets and liabilities are reflected in the revenues and expenses on North American's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in North American Construction. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory5.4 M5.6 M

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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.
When determining whether North American Const offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of North American's 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 North American Construction Stock. Outlined below are crucial reports that will aid in making a well-informed decision on North American Construction Stock:
Check out the analysis of North American Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Oil & Gas Equipment & Services 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 North American. Anticipated expansion of North directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive North American assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth
0.148
Dividend Share
0.48
Earnings Share
0.93
Revenue Per Share
45.383
Quarterly Revenue Growth
0.106
Investors evaluate North American Const using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating North American's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause North American's market price to deviate significantly from intrinsic value.
It's important to distinguish between North American's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding North American should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, North American's market price signifies the transaction level at which participants voluntarily complete trades.