Schnitzer Days Of Inventory On Hand from 2010 to 2024

RDUS Stock  USD 19.71  0.27  1.39%   
Schnitzer Steel Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand will likely drop to 114.75 in 2024. From the period from 2010 to 2024, Schnitzer Steel Days Of Inventory On Hand quarterly data regression had r-value of  0.08 and coefficient of variation of  201.91. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
120.78924464
Current Value
114.75
Quarterly Volatility
297.14035518
 
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Check Schnitzer Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Schnitzer Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 108.4 M, Interest Expense of 22.4 M or Total Revenue of 3.5 B, as well as many indicators such as Price To Sales Ratio of 5.47, Dividend Yield of 0.0214 or Days Sales Outstanding of 46.12. Schnitzer financial statements analysis is a perfect complement when working with Schnitzer Steel Valuation or Volatility modules.
  
Check out the analysis of Schnitzer Steel Correlation against competitors.

Latest Schnitzer Steel's Days Of Inventory On Hand Growth Pattern

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

Schnitzer Days Of Inventory On Hand Regression Statistics

Arithmetic Mean147.16
Geometric Mean69.11
Coefficient Of Variation201.91
Mean Deviation156.14
Median38.38
Standard Deviation297.14
Sample Variance88,292
Range1.2K
R-Value0.08
Mean Square Error94,512
R-Squared0.01
Significance0.78
Slope5.15
Total Sum of Squares1.2M

Schnitzer Days Of Inventory On Hand History

2024 114.75
2022 39.5
2021 38.38
2020 40.6
2019 120.79
2018 269.01
2017 1196.39

About Schnitzer Steel Financial Statements

Schnitzer Steel shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Schnitzer Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Schnitzer Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Schnitzer Steel's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 120.79  114.75 

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Additional Tools for Schnitzer Stock Analysis

When running Schnitzer Steel's price analysis, check to measure Schnitzer Steel's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schnitzer Steel is operating at the current time. Most of Schnitzer Steel's value examination focuses on studying past and present price action to predict the probability of Schnitzer Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schnitzer Steel's price. Additionally, you may evaluate how the addition of Schnitzer Steel to your portfolios can decrease your overall portfolio volatility.