Novartis Days Of Inventory On Hand from 2010 to 2024

NVS Stock  USD 104.87  1.06  1.02%   
Novartis Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand is likely to outpace its year average in 2024. From the period from 2010 to 2024, Novartis Days Of Inventory On Hand quarterly data regression had r-value of  0.19 and coefficient of variation of  20.89. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
173.04722579
Current Value
184.62
Quarterly Volatility
32.02984645
 
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Yuan Drop
 
Covid
Check Novartis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novartis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.7 B, Interest Expense of 550.6 M or Selling General Administrative of 15 B, as well as many indicators such as Price To Sales Ratio of 3.86, Dividend Yield of 0.0241 or PTB Ratio of 3.23. Novartis financial statements analysis is a perfect complement when working with Novartis Valuation or Volatility modules.
  
Check out the analysis of Novartis Correlation against competitors.

Latest Novartis' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Novartis AG ADR over the last few years. It is Novartis' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novartis' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Pretty Stable
   Days Of Inventory On Hand   
       Timeline  

Novartis Days Of Inventory On Hand Regression Statistics

Arithmetic Mean153.35
Geometric Mean150.63
Coefficient Of Variation20.89
Mean Deviation23.37
Median145.94
Standard Deviation32.03
Sample Variance1,026
Range129
R-Value0.19
Mean Square Error1,064
R-Squared0.04
Significance0.49
Slope1.38
Total Sum of Squares14,363

Novartis Days Of Inventory On Hand History

2024 184.62
2023 173.05
2022 169.11
2021 153.34
2020 172.13
2019 151.36
2018 137.93

About Novartis Financial Statements

Novartis shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Novartis investors may analyze each financial statement separately, they are all interrelated. The changes in Novartis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Novartis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 173.05  184.62 

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Additional Tools for Novartis Stock Analysis

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