Red Change To Inventory from 2010 to 2024

RDVT Stock  USD 38.78  0.67  1.76%   
Red Violet Change To Inventory yearly trend continues to be comparatively stable with very little volatility. Change To Inventory is likely to outpace its year average in 2024. Change To Inventory is the increase or decrease in the amount of inventory Red Violet has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2017-03-31
Previous Quarter
88 K
Current Value
-40 K
Quarterly Volatility
1.8 M
 
Covid
Check Red Violet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Red Violet's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 423.8 K or Selling General Administrative of 18.3 M, as well as many indicators such as Price To Sales Ratio of 4.4, Dividend Yield of 0.0 or PTB Ratio of 3.08. Red financial statements analysis is a perfect complement when working with Red Violet Valuation or Volatility modules.
  
Check out the analysis of Red Violet Correlation against competitors.
For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.

Latest Red Violet's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Red Violet over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Red Violet's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Red Violet's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Pretty Stable
   Change To Inventory   
       Timeline  

Red Change To Inventory Regression Statistics

Arithmetic Mean(37,083)
Geometric Mean0.00
Coefficient Of Variation(4,500)
Mean Deviation977,700
Median0.00
Standard Deviation1,668,567
Sample Variance2.8T
Range7.8M
R-Value(0.23)
Mean Square Error2.8T
R-Squared0.05
Significance0.40
Slope(87,234)
Total Sum of Squares39T

Red Change To Inventory History

2024-683.1 K
2023-719.1 K
2022-799 K
2021-1.6 M
2020-411 K
2019753 K
2018-3.3 M

About Red Violet Financial Statements

Red Violet shareholders use historical fundamental indicators, such as Change To Inventory, to determine how well the company is positioned to perform in the future. Although Red Violet investors may analyze each financial statement separately, they are all interrelated. The changes in Red Violet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Red Violet'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
Change To Inventory-719.1 K-683.1 K

Thematic Opportunities

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Additional Tools for Red Stock Analysis

When running Red Violet's price analysis, check to measure Red Violet'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 Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.