Inotiv Inventory Turnover from 2010 to 2024

NOTV Stock  USD 3.41  0.20  6.23%   
Inotiv Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 6.20 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
6.53
Current Value
6.2
Quarterly Volatility
25.83352437
 
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Yuan Drop
 
Covid
Check Inotiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Inotiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 66.1 M, Interest Expense of 23.5 M or Selling General Administrative of 130.7 M, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0029 or PTB Ratio of 0.25. Inotiv financial statements analysis is a perfect complement when working with Inotiv Valuation or Volatility modules.
  
Check out the analysis of Inotiv Correlation against competitors.

Latest Inotiv's Inventory Turnover Growth Pattern

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

Inotiv Inventory Turnover Regression Statistics

Arithmetic Mean20.33
Geometric Mean12.77
Coefficient Of Variation127.06
Mean Deviation16.82
Median10.89
Standard Deviation25.83
Sample Variance667.37
Range95.6999
R-Value0.20
Mean Square Error690.82
R-Squared0.04
Significance0.48
Slope1.14
Total Sum of Squares9,343

Inotiv Inventory Turnover History

2024 6.2
2023 6.53
2022 7.25
2021 5.47
2020 98.75
2019 60.33
2018 28.03

About Inotiv Financial Statements

Inotiv investors use historical fundamental indicators, such as Inotiv'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 Inotiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 6.53  6.20 

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Additional Tools for Inotiv Stock Analysis

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