Nova Average Inventory from 2010 to 2026

NVMI Stock  USD 441.77  15.24  3.33%   
Nova's Average Inventory is decreasing with slightly volatile movements from year to year. Average Inventory is predicted to flatten to about 136.1 M. Average Inventory is the average amount of inventory Nova 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
153.1 M
Current Value
136.1 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Nova financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.5 M, Interest Expense of 2.4 M or Total Revenue of 924.6 M, as well as many indicators such as Price To Sales Ratio of 12.01, Dividend Yield of 0.0 or PTB Ratio of 8.02. Nova financial statements analysis is a perfect complement when working with Nova Valuation or Volatility modules.
  
Build AI portfolio with Nova Stock
Check out the analysis of Nova Correlation against competitors.
For more detail on how to invest in Nova Stock please use our How to Invest in Nova guide.

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When determining whether Nova offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nova'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 Nova Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nova Stock:
Check out the analysis of Nova Correlation against competitors.
For more detail on how to invest in Nova Stock please use our How to Invest in Nova guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is there potential for Semiconductors & Semiconductor Equipment market expansion? Will Nova introduce new products? Factors like these will boost the valuation of Nova. Anticipated expansion of Nova directly elevates investor willingness to pay premium valuations. Understanding fair value requires weighing current performance against future potential. All the valuation information about Nova 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
0.224
Earnings Share
7.96
Revenue Per Share
29.247
Quarterly Revenue Growth
0.143
Return On Assets
0.0848
Nova's market price often diverges from its book value, the accounting figure shown on Nova's balance sheet. Smart investors calculate Nova's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Nova's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Nova's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Nova should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Nova's 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.