Premier Days Of Inventory On Hand from 2010 to 2024

PINC Stock  USD 23.16  0.32  1.40%   
Premier's Days Of Inventory On Hand is increasing over the years with slightly volatile fluctuation. Days Of Inventory On Hand is expected to dwindle to 34.03. During the period from 2010 to 2024 Premier Days Of Inventory On Hand annual values regression line had geometric mean of  33.75 and mean square error of  207.30. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
57.60543923
Current Value
34.03
Quarterly Volatility
22.40939421
 
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Yuan Drop
 
Covid
Check Premier financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Premier's main balance sheet or income statement drivers, such as Depreciation And Amortization of 103.4 M, Interest Expense of 1.2 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 1.38, Dividend Yield of 0.0428 or PTB Ratio of 1.02. Premier financial statements analysis is a perfect complement when working with Premier Valuation or Volatility modules.
  
Check out the analysis of Premier Correlation against competitors.
For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.

Latest Premier's Days Of Inventory On Hand Growth Pattern

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

Premier Days Of Inventory On Hand Regression Statistics

Arithmetic Mean39.90
Geometric Mean33.75
Coefficient Of Variation56.16
Mean Deviation19.58
Median30.40
Standard Deviation22.41
Sample Variance502.18
Range68.2354
R-Value0.79
Mean Square Error207.30
R-Squared0.62
Significance0.0005
Slope3.94
Total Sum of Squares7,031

Premier Days Of Inventory On Hand History

2024 34.03
2023 57.61
2022 63.85
2021 79.72
2020 72.84
2019 59.88
2018 52.38

About Premier Financial Statements

Premier stakeholders use historical fundamental indicators, such as Premier's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Premier investors may analyze each financial statement separately, they are all interrelated. For example, changes in Premier's assets and liabilities are reflected in the revenues and expenses on Premier's 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 Premier. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 57.61  34.03 

Also Currently Popular

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 Premier offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Premier's 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 Premier Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Premier Stock:
Check out the analysis of Premier Correlation against competitors.
For information on how to trade Premier Stock refer to our How to Trade Premier Stock guide.
You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Health Care Providers & Services 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 Premier. If investors know Premier 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 Premier 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
0.877
Dividend Share
0.84
Earnings Share
1.39
Revenue Per Share
12.155
Quarterly Revenue Growth
(0.08)
The market value of Premier is measured differently than its book value, which is the value of Premier that is recorded on the company's balance sheet. Investors also form their own opinion of Premier's value that differs from its market value or its book value, called intrinsic value, which is Premier's 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 Premier's market value can be influenced by many factors that don't directly affect Premier's 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 Premier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Premier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Premier's 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.