Ormat Days Of Inventory Outstanding from 2010 to 2024

ORA Stock  USD 82.02  1.28  1.59%   
Ormat Technologies' Days Of Inventory Outstanding is decreasing over the years with very volatile fluctuation. Days Of Inventory Outstanding is expected to dwindle to 16.84. From 2010 to 2024 Ormat Technologies Days Of Inventory Outstanding quarterly data regression line had arithmetic mean of  22.99 and r-squared of  0.000042. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
29.07380714
Current Value
16.84
Quarterly Volatility
8.76750837
 
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Yuan Drop
 
Covid
Check Ormat Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ormat Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 242.5 M, Interest Expense of 56.4 M or Total Revenue of 516.5 M, as well as many indicators such as Price To Sales Ratio of 3.49, Dividend Yield of 0.0051 or PTB Ratio of 3.38. Ormat financial statements analysis is a perfect complement when working with Ormat Technologies Valuation or Volatility modules.
  
Check out the analysis of Ormat Technologies Correlation against competitors.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.

Latest Ormat Technologies' Days Of Inventory Outstanding Growth Pattern

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

Ormat Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean22.99
Geometric Mean21.57
Coefficient Of Variation38.13
Mean Deviation7.11
Median19.85
Standard Deviation8.77
Sample Variance76.87
Range31.5784
R-Value(0.01)
Mean Square Error82.78
R-Squared0.000042
Significance0.98
Slope(0.01)
Total Sum of Squares1,076

Ormat Days Of Inventory Outstanding History

2024 16.84
2023 29.07
2022 17.91
2021 26.04
2020 30.05
2019 26.76
2018 36.61

About Ormat Technologies Financial Statements

Ormat Technologies stakeholders use historical fundamental indicators, such as Ormat Technologies' Days Of Inventory Outstanding, to determine how well the company is positioned to perform in the future. Although Ormat Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ormat Technologies' assets and liabilities are reflected in the revenues and expenses on Ormat Technologies' 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 Ormat Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 29.07  16.84 

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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 Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' 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 Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out the analysis of Ormat Technologies Correlation against competitors.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Independent Power and Renewable Electricity Producers 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 Ormat Technologies. If investors know Ormat 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 Ormat Technologies 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
(0.39)
Dividend Share
0.48
Earnings Share
1.96
Revenue Per Share
14.733
Quarterly Revenue Growth
0.018
The market value of Ormat Technologies is measured differently than its book value, which is the value of Ormat that is recorded on the company's balance sheet. Investors also form their own opinion of Ormat Technologies' value that differs from its market value or its book value, called intrinsic value, which is Ormat Technologies' 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 Ormat Technologies' market value can be influenced by many factors that don't directly affect Ormat Technologies' 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 Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' 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.