Redhill Inventory Turnover from 2010 to 2024

RDHL Stock  USD 7.80  1.02  15.04%   
Redhill Biopharma Inventory Turnover yearly trend continues to be quite stable with very little volatility. The value of Inventory Turnover is projected to decrease to 0.75. 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
0.78810663
Current Value
0.75
Quarterly Volatility
6.95289767
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Redhill Biopharma financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Redhill Biopharma's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3 M, Interest Expense of 348.6 K or Selling General Administrative of 18.4 M, as well as many indicators such as Price To Sales Ratio of 34.49, Dividend Yield of 0.0 or PTB Ratio of 102. Redhill financial statements analysis is a perfect complement when working with Redhill Biopharma Valuation or Volatility modules.
  
Check out the analysis of Redhill Biopharma Correlation against competitors.
For more information on how to buy Redhill Stock please use our How to buy in Redhill Stock guide.

Latest Redhill Biopharma's Inventory Turnover Growth Pattern

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

Redhill Inventory Turnover Regression Statistics

Arithmetic Mean3.21
Geometric Mean0.75
Coefficient Of Variation216.69
Mean Deviation3.64
Median0.79
Standard Deviation6.95
Sample Variance48.34
Range28.0557
R-Value0.09
Mean Square Error51.68
R-Squared0.01
Significance0.76
Slope0.13
Total Sum of Squares676.80

Redhill Inventory Turnover History

2024 0.75
2023 0.79
2022 3.03
2021 3.34
2020 5.65
2019 1.2
2018 3.69

About Redhill Biopharma Financial Statements

Redhill Biopharma investors utilize fundamental indicators, such as Inventory Turnover, to predict how Redhill Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 0.79  0.75 

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When determining whether Redhill Biopharma is a strong investment it is important to analyze Redhill Biopharma'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 Redhill Biopharma's future performance. For an informed investment choice regarding Redhill Stock, refer to the following important reports:
Check out the analysis of Redhill Biopharma Correlation against competitors.
For more information on how to buy Redhill Stock please use our How to buy in Redhill Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Pharmaceuticals 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 Redhill Biopharma. If investors know Redhill 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 Redhill Biopharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(302.63)
Revenue Per Share
4.733
Quarterly Revenue Growth
(0.28)
Return On Assets
(0.45)
Return On Equity
(17.09)
The market value of Redhill Biopharma is measured differently than its book value, which is the value of Redhill that is recorded on the company's balance sheet. Investors also form their own opinion of Redhill Biopharma's value that differs from its market value or its book value, called intrinsic value, which is Redhill Biopharma'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 Redhill Biopharma's market value can be influenced by many factors that don't directly affect Redhill Biopharma'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 Redhill Biopharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Redhill Biopharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Redhill Biopharma'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.