Opera Days Of Inventory Outstanding from 2010 to 2024

OPRA Stock  USD 20.01  0.42  2.14%   
Opera's Days Of Inventory Outstanding is increasing over the years with slightly volatile fluctuation. Overall, Days Of Inventory Outstanding is expected to go to 568.89 this year. From 2010 to 2024 Opera Days Of Inventory Outstanding quarterly data regression line had arithmetic mean of  194.60 and r-squared of  0.67. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
541.8
Current Value
568.89
Quarterly Volatility
226.10184938
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Opera financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Opera's main balance sheet or income statement drivers, such as Tax Provision of 3.3 M, Interest Income of 7.2 M or Interest Expense of 613.4 K, as well as many indicators such as Price To Sales Ratio of 2.83, Dividend Yield of 0.0157 or PTB Ratio of 1.43. Opera financial statements analysis is a perfect complement when working with Opera Valuation or Volatility modules.
  
Check out the analysis of Opera Correlation against competitors.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.

Latest Opera's Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Opera over the last few years. It is Opera's Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Opera's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory Outstanding10 Years Trend
Slightly volatile
   Days Of Inventory Outstanding   
       Timeline  

Opera Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean194.60
Geometric Mean88.43
Coefficient Of Variation116.19
Mean Deviation195.12
Median32.73
Standard Deviation226.10
Sample Variance51,122
Range581
R-Value0.82
Mean Square Error18,071
R-Squared0.67
Significance0.0002
Slope41.44
Total Sum of Squares715,709

Opera Days Of Inventory Outstanding History

2024 568.89
2023 541.8
2022 602.0
2021 245.06
2020 273.06
2019 38.24
2018 400.22

About Opera Financial Statements

Opera stakeholders use historical fundamental indicators, such as Opera's Days Of Inventory Outstanding, to determine how well the company is positioned to perform in the future. Although Opera investors may analyze each financial statement separately, they are all interrelated. For example, changes in Opera's assets and liabilities are reflected in the revenues and expenses on Opera'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 Opera. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 541.80  568.89 

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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 Opera offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Opera'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 Opera Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Opera Stock:
Check out the analysis of Opera Correlation against competitors.
For information on how to trade Opera Stock refer to our How to Trade Opera Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Application Software 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 Opera. If investors know Opera will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Opera 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
0.111
Dividend Share
0.8
Earnings Share
1.8
Revenue Per Share
5.073
Quarterly Revenue Growth
0.2
The market value of Opera is measured differently than its book value, which is the value of Opera that is recorded on the company's balance sheet. Investors also form their own opinion of Opera's value that differs from its market value or its book value, called intrinsic value, which is Opera's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Opera's market value can be influenced by many factors that don't directly affect Opera's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Opera's value and its price as these two are different measures arrived at by different means. Investors typically determine if Opera is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opera'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.