PureTech Average Inventory from 2010 to 2024

PRTC Stock  USD 22.55  0.77  3.54%   
PureTech Health's Average Inventory is increasing over the years with slightly volatile fluctuation. Average Inventory is expected to dwindle to 0.48. Average Inventory is the average amount of inventory PureTech Health PLC 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
0.5
Current Value
0.48
Quarterly Volatility
5.2 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PureTech Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PureTech Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7 M, Interest Expense of 14.2 M or Selling General Administrative of 26.9 M, as well as many indicators such as Price To Sales Ratio of 222, Dividend Yield of 0.0 or PTB Ratio of 1.76. PureTech financial statements analysis is a perfect complement when working with PureTech Health Valuation or Volatility modules.
  
Check out the analysis of PureTech Health Correlation against competitors.

Latest PureTech Health's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of PureTech Health PLC 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. PureTech Health's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PureTech Health'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  

PureTech Average Inventory Regression Statistics

Arithmetic Mean1,448,400
Geometric Mean218,139
Coefficient Of Variation362.33
Mean Deviation3,655,773
Median(664,000)
Standard Deviation5,247,926
Sample Variance27.5T
Range15.3M
R-Value0.52
Mean Square Error21.7T
R-Squared0.27
Significance0.05
Slope607,091
Total Sum of Squares385.6T

PureTech Average Inventory History

2024 0.48
2023 0.5
202114 M
20203.8 M
2017-664 K
2016-959.5 K

About PureTech Health Financial Statements

PureTech Health stakeholders use historical fundamental indicators, such as PureTech Health's Average Inventory, to determine how well the company is positioned to perform in the future. Although PureTech Health investors may analyze each financial statement separately, they are all interrelated. For example, changes in PureTech Health's assets and liabilities are reflected in the revenues and expenses on PureTech Health'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 PureTech Health PLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory 0.50  0.48 

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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 PureTech Health PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PureTech Health'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 Puretech Health Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Puretech Health Plc Stock:
Check out the analysis of PureTech Health Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Biotechnology 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 PureTech Health. If investors know PureTech 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 PureTech Health 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
0.615
Earnings Share
(3.00)
Revenue Per Share
0.02
Quarterly Revenue Growth
(0.91)
Return On Assets
(0.13)
The market value of PureTech Health PLC is measured differently than its book value, which is the value of PureTech that is recorded on the company's balance sheet. Investors also form their own opinion of PureTech Health's value that differs from its market value or its book value, called intrinsic value, which is PureTech Health'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 PureTech Health's market value can be influenced by many factors that don't directly affect PureTech Health'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 PureTech Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if PureTech Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PureTech Health'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.