Optex Inventory Turnover from 2010 to 2024

OPXS Stock  USD 8.90  0.07  0.78%   
Optex Systems Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 2.55 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
3.99120879
Current Value
2.55
Quarterly Volatility
0.620692
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Optex Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Optex Systems' main balance sheet or income statement drivers, such as Gross Profit of 8 M, Other Operating Expenses of 19.6 M or Operating Income of 3.4 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.035 or Days Sales Outstanding of 39.44. Optex financial statements analysis is a perfect complement when working with Optex Systems Valuation or Volatility modules.
  
Check out the analysis of Optex Systems Correlation against competitors.

Latest Optex Systems' Inventory Turnover Growth Pattern

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

Optex Inventory Turnover Regression Statistics

Arithmetic Mean1.99
Geometric Mean1.92
Coefficient Of Variation31.19
Mean Deviation0.34
Median1.99
Standard Deviation0.62
Sample Variance0.39
Range2.4245
R-Value0.25
Mean Square Error0.39
R-Squared0.06
Significance0.37
Slope0.03
Total Sum of Squares5.39

Optex Inventory Turnover History

2024 2.55
2023 3.99
2017 1.57

About Optex Systems Financial Statements

Optex Systems shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Optex Systems investors may analyze each financial statement separately, they are all interrelated. The changes in Optex Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on Optex Systems' 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
Inventory Turnover 3.99  2.55 

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Additional Tools for Optex Stock Analysis

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