RPC Inventory Turnover from 2010 to 2024

RES Stock  USD 5.97  0.13  2.23%   
RPC Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 8.10 in 2024. 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
10.79890716
Current Value
8.1
Quarterly Volatility
3.76297792
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RPC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RPC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 80.2 M, Interest Expense of 323.9 K or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 0.0138 or PTB Ratio of 1.93. RPC financial statements analysis is a perfect complement when working with RPC Valuation or Volatility modules.
  
Check out the analysis of RPC Correlation against competitors.

Latest RPC's Inventory Turnover Growth Pattern

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

RPC Inventory Turnover Regression Statistics

Arithmetic Mean10.74
Geometric Mean10.31
Coefficient Of Variation35.05
Mean Deviation1.96
Median10.35
Standard Deviation3.76
Sample Variance14.16
Range16.4205
R-Value(0.43)
Mean Square Error12.37
R-Squared0.19
Significance0.11
Slope(0.37)
Total Sum of Squares198.24

RPC Inventory Turnover History

2024 8.1
2022 12.06
2021 9.32
2020 6.95
2019 10.8
2018 10.35
2017 10.57

About RPC Financial Statements

RPC shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although RPC investors may analyze each financial statement separately, they are all interrelated. The changes in RPC's assets and liabilities, for example, are also reflected in the revenues and expenses on on RPC'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
Inventory Turnover 10.80  8.10 

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Additional Tools for RPC Stock Analysis

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