Schnitzer Inventory from 2010 to 2024

RDUS Stock  USD 20.21  0.47  2.38%   
Schnitzer Steel Inventory yearly trend continues to be comparatively stable with very little volatility. Inventory will likely drop to about 174 M in 2024. From the period from 2010 to 2024, Schnitzer Steel Inventory quarterly data regression had r-value of  0.31 and coefficient of variation of  64.63. View All Fundamentals
 
Inventory  
First Reported
1993-08-31
Previous Quarter
334.3 M
Current Value
293.9 M
Quarterly Volatility
115.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Inventory Growth Pattern

Below is the plot of the Inventory of Schnitzer Steel Industries over the last few years. It is Schnitzer Steel's Inventory 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Schnitzer Inventory Regression Statistics

Arithmetic Mean168,532,019
Geometric Mean92,847,439
Coefficient Of Variation64.63
Mean Deviation89,220,285
Median174,005,288
Standard Deviation108,930,107
Sample Variance11865.8T
Range310.8M
R-Value0.31
Mean Square Error11540.7T
R-Squared0.1
Significance0.26
Slope7,580,879
Total Sum of Squares166120.8T

Schnitzer Inventory History

2024174 M
2023293.9 M
2022278.6 M
2021315.2 M
2020256.4 M
2019157.3 M
20185.3 M

Other Fundumenentals of Schnitzer Steel Indu

About Schnitzer Steel Financial Statements

Schnitzer Steel shareholders use historical fundamental indicators, such as Inventory, 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
Inventory293.9 M174 M
Change To Inventory-3 M-2.8 M
Inventory Turnover 3.02  4.80 
Days Of Inventory On Hand 120.79  114.75 
Days Of Inventory Outstanding 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.