Paranovus Days Of Inventory On Hand from 2010 to 2024

PAVS Stock   0.99  0.03  3.13%   
Paranovus Entertainment 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 1.43 in 2024. From the period from 2010 to 2024, Paranovus Entertainment Days Of Inventory On Hand quarterly data regression had r-value of (0.94) and coefficient of variation of  71.91. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
1.51
Current Value
1.43
Quarterly Volatility
21.21308474
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Paranovus Entertainment financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Paranovus Entertainment's main balance sheet or income statement drivers, such as Depreciation And Amortization of 712 K, Interest Expense of 37.2 K or Selling General Administrative of 4.8 M, as well as many indicators such as Price To Sales Ratio of 1.26, Dividend Yield of 4.0E-4 or PTB Ratio of 1.48. Paranovus financial statements analysis is a perfect complement when working with Paranovus Entertainment Valuation or Volatility modules.
  
Check out the analysis of Paranovus Entertainment Correlation against competitors.

Latest Paranovus Entertainment's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Paranovus Entertainment Technology over the last few years. It is Paranovus Entertainment's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Paranovus Entertainment'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  

Paranovus Days Of Inventory On Hand Regression Statistics

Arithmetic Mean29.50
Geometric Mean16.61
Coefficient Of Variation71.91
Mean Deviation19.17
Median25.77
Standard Deviation21.21
Sample Variance449.99
Range48.7264
R-Value(0.94)
Mean Square Error55.56
R-Squared0.89
Slope(4.46)
Total Sum of Squares6,300

Paranovus Days Of Inventory On Hand History

2024 1.43
2023 1.51
2022 1.31
2021 5.91
2020 12.22
2019 21.38
2018 22.7

About Paranovus Entertainment Financial Statements

Paranovus Entertainment 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 Paranovus Entertainment investors may analyze each financial statement separately, they are all interrelated. The changes in Paranovus Entertainment's assets and liabilities, for example, are also reflected in the revenues and expenses on on Paranovus Entertainment'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 1.51  1.43 

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Additional Tools for Paranovus Stock Analysis

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