Prenetics Average Inventory from 2010 to 2026

PRE Stock  USD 19.33  0.04  0.21%   
Prenetics Global's Average Inventory is increasing over the years with slightly volatile fluctuation. Average Inventory is expected to dwindle to about 3.3 M. Average Inventory is the average amount of inventory Prenetics Global holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
5.1 M
Current Value
3.3 M
Quarterly Volatility
1.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Prenetics Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Prenetics Global's main balance sheet or income statement drivers, such as Interest Expense of 245.1 K, Total Revenue of 26.2 M or Gross Profit of 13.2 M, as well as many indicators such as Price To Sales Ratio of 2.63, Dividend Yield of 0.0 or PTB Ratio of 0.47. Prenetics financial statements analysis is a perfect complement when working with Prenetics Global Valuation or Volatility modules.
  
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Check out the analysis of Prenetics Global Correlation against competitors.
For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.

Latest Prenetics Global's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of Prenetics Global over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. Prenetics Global's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Prenetics Global's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Prenetics Average Inventory Regression Statistics

Arithmetic Mean3,457,352
Geometric Mean3,229,508
Coefficient Of Variation40.78
Mean Deviation1,231,048
Median2,522,716
Standard Deviation1,409,737
Sample Variance2T
Range3.1M
R-Value0.71
Mean Square Error1.1T
R-Squared0.50
Significance0
Slope197,467
Total Sum of Squares31.8T

Prenetics Average Inventory History

20263.3 M
20255.1 M
20215.7 M

About Prenetics Global Financial Statements

Prenetics Global stakeholders use historical fundamental indicators, such as Prenetics Global's Average Inventory, to determine how well the company is positioned to perform in the future. Although Prenetics Global investors may analyze each financial statement separately, they are all interrelated. For example, changes in Prenetics Global's assets and liabilities are reflected in the revenues and expenses on Prenetics Global'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 Prenetics Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory5.1 M3.3 M

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 Prenetics Global is a strong investment it is important to analyze Prenetics Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Prenetics Global's future performance. For an informed investment choice regarding Prenetics Stock, refer to the following important reports:
Check out the analysis of Prenetics Global Correlation against competitors.
For information on how to trade Prenetics Stock refer to our How to Trade Prenetics Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Will Reinsurance sector continue expanding? Could Prenetics diversify its offerings? Factors like these will boost the valuation of Prenetics Global. Anticipated expansion of Prenetics directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Prenetics Global data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
(3.59)
Revenue Per Share
5.821
Quarterly Revenue Growth
2.028
Return On Assets
(0.15)
Return On Equity
(0.30)
Understanding Prenetics Global requires distinguishing between market price and book value, where the latter reflects Prenetics's accounting equity. The concept of intrinsic value—what Prenetics Global's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Prenetics Global's price substantially above or below its fundamental value.
It's important to distinguish between Prenetics Global's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Prenetics Global should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Prenetics Global's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.