PROG Days Of Inventory On Hand from 2010 to 2024

PRG Stock  USD 48.66  0.45  0.93%   
PROG Holdings' Days Of Inventory On Hand is decreasing over the last several years with very volatile swings. Days Of Inventory On Hand is predicted to flatten to 139.34. During the period from 2010 to 2024 PROG Holdings Days Of Inventory On Hand regressed destribution of quarterly values had coefficient of variationof  106.94 and r-value of (0.1). View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
146.67285097
Current Value
139.34
Quarterly Volatility
K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PROG Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PROG Holdings' main balance sheet or income statement drivers, such as Interest Expense of 30.9 M, Total Revenue of 1.5 B or Gross Profit of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0017 or PTB Ratio of 2.29. PROG financial statements analysis is a perfect complement when working with PROG Holdings Valuation or Volatility modules.
  
Check out the analysis of PROG Holdings Correlation against competitors.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.

Latest PROG Holdings' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of PROG Holdings over the last few years. It is PROG Holdings' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PROG Holdings' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Very volatile
   Days Of Inventory On Hand   
       Timeline  

PROG Days Of Inventory On Hand Regression Statistics

Arithmetic Mean977.62
Geometric Mean487.78
Coefficient Of Variation106.94
Mean Deviation736.08
Median856.01
Standard Deviation1,045
Sample Variance1.1M
Range3.8K
R-Value(0.1)
Mean Square Error1.2M
R-Squared0.01
Significance0.73
Slope(22.53)
Total Sum of Squares15.3M

PROG Days Of Inventory On Hand History

2024 139.34
2023 146.67
2022 132.15
2021 140.56
2020 118.67
2019 3811.92
2018 2480.64

About PROG Holdings Financial Statements

PROG Holdings stakeholders use historical fundamental indicators, such as PROG Holdings' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although PROG Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in PROG Holdings' assets and liabilities are reflected in the revenues and expenses on PROG Holdings' 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 PROG Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 146.67  139.34 

Currently Active Assets on Macroaxis

When determining whether PROG Holdings is a strong investment it is important to analyze PROG Holdings' 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 PROG Holdings' future performance. For an informed investment choice regarding PROG Stock, refer to the following important reports:
Check out the analysis of PROG Holdings Correlation against competitors.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Industrial Machinery & Supplies & Components 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 PROG Holdings. If investors know PROG 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 PROG Holdings 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
1.553
Dividend Share
0.36
Earnings Share
3.61
Revenue Per Share
55.825
Quarterly Revenue Growth
0.04
The market value of PROG Holdings is measured differently than its book value, which is the value of PROG that is recorded on the company's balance sheet. Investors also form their own opinion of PROG Holdings' value that differs from its market value or its book value, called intrinsic value, which is PROG Holdings' 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 PROG Holdings' market value can be influenced by many factors that don't directly affect PROG Holdings' 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 PROG Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PROG Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROG Holdings' 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.