Pro Inventory Turnover from 2010 to 2024

PDEX Stock  USD 49.00  2.25  4.81%   
Pro Dex Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover is likely to outpace its year average 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
2.57338398
Current Value
3.48
Quarterly Volatility
0.87727885
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pro Dex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pro Dex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 696.2 K, Interest Expense of 530.1 K or Total Revenue of 56.5 M, as well as many indicators such as Price To Sales Ratio of 0.84, Dividend Yield of 3.0E-4 or PTB Ratio of 2.32. Pro financial statements analysis is a perfect complement when working with Pro Dex Valuation or Volatility modules.
  
Check out the analysis of Pro Dex Correlation against competitors.
For more information on how to buy Pro Stock please use our How to Invest in Pro Dex guide.

Latest Pro Dex's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Pro Dex 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. Pro Dex's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pro Dex's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Pro Inventory Turnover Regression Statistics

Arithmetic Mean3.13
Geometric Mean3.02
Coefficient Of Variation28.00
Mean Deviation0.73
Median2.90
Standard Deviation0.88
Sample Variance0.77
Range2.7214
R-Value(0.41)
Mean Square Error0.69
R-Squared0.17
Significance0.12
Slope(0.08)
Total Sum of Squares10.77

Pro Inventory Turnover History

2024 3.48
2023 2.57
2022 2.06
2021 2.28
2020 2.9
2019 2.63
2018 2.79

About Pro Dex Financial Statements

Pro Dex investors use historical fundamental indicators, such as Pro Dex's Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Pro Dex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 2.57  3.48 

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Additional Tools for Pro Stock Analysis

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