PetMed Inventory Turnover from 2010 to 2024

PETS Stock  USD 4.78  0.14  3.02%   
PetMed Express Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 5.38 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
7.08838773
Current Value
5.38
Quarterly Volatility
1.95537661
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PetMed Express financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PetMed Express' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Interest Expense of 3.6 M or Selling General Administrative of 58 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.14 or PTB Ratio of 0.94. PetMed financial statements analysis is a perfect complement when working with PetMed Express Valuation or Volatility modules.
  
Check out the analysis of PetMed Express Correlation against competitors.
For more information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.

Latest PetMed Express' Inventory Turnover Growth Pattern

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

PetMed Inventory Turnover Regression Statistics

Arithmetic Mean6.89
Geometric Mean6.65
Coefficient Of Variation28.38
Mean Deviation1.55
Median6.19
Standard Deviation1.96
Sample Variance3.82
Range6.984
R-Value0.42
Mean Square Error3.40
R-Squared0.17
Significance0.12
Slope0.18
Total Sum of Squares53.53

PetMed Inventory Turnover History

2024 5.38
2023 7.09
2022 9.77
2021 6.02
2020 6.37
2019 11.34
2018 8.8

About PetMed Express Financial Statements

PetMed Express shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although PetMed Express investors may analyze each financial statement separately, they are all interrelated. The changes in PetMed Express' assets and liabilities, for example, are also reflected in the revenues and expenses on on PetMed Express' 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 7.09  5.38 

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Additional Tools for PetMed Stock Analysis

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