Nextracker Days Of Inventory On Hand from 2010 to 2024

NXT Stock   40.40  1.55  3.99%   
Nextracker Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand will likely drop to 26.55 in 2024. From the period from 2010 to 2024, Nextracker Days Of Inventory On Hand quarterly data regression had r-value of  0.75 and coefficient of variation of  45.06. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
43.65306452
Current Value
26.55
Quarterly Volatility
10.72952451
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nextracker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextracker's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Selling General Administrative of 192.7 M or Selling And Marketing Expenses of 28.4 M, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.22 or PTB Ratio of 4.73. Nextracker financial statements analysis is a perfect complement when working with Nextracker Valuation or Volatility modules.
  
Check out the analysis of Nextracker Correlation against competitors.

Latest Nextracker's Days Of Inventory On Hand Growth Pattern

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

Nextracker Days Of Inventory On Hand Regression Statistics

Arithmetic Mean23.81
Geometric Mean21.99
Coefficient Of Variation45.06
Mean Deviation8.85
Median16.44
Standard Deviation10.73
Sample Variance115.12
Range31.5228
R-Value0.75
Mean Square Error54.33
R-Squared0.56
Significance0
Slope1.80
Total Sum of Squares1,612

Nextracker Days Of Inventory On Hand History

2024 26.55
2023 43.65
2022 31.2
2021 47.96
2020 32.0
2019 27.87

About Nextracker Financial Statements

Nextracker 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 Nextracker investors may analyze each financial statement separately, they are all interrelated. The changes in Nextracker's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nextracker's 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 43.65  26.55 

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Additional Tools for Nextracker Stock Analysis

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