Resideo Inventory from 2010 to 2024

REZI Stock  USD 27.69  0.48  1.76%   
Resideo Technologies' Inventory is increasing with slightly volatile movements from year to year. Inventory is predicted to flatten to about 760 M. For the period between 2010 and 2024, Resideo Technologies, Inventory quarterly trend regression had mean deviation of  164,672,889 and range of 540 M. View All Fundamentals
 
Inventory  
First Reported
2016-12-31
Previous Quarter
1.2 B
Current Value
1.2 B
Quarterly Volatility
211.4 M
 
Covid
Check Resideo Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Resideo Technologies' main balance sheet or income statement drivers, such as Tax Provision of 85.5 M, Interest Income of 83.3 M or Depreciation And Amortization of 85.8 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0 or PTB Ratio of 1.39. Resideo financial statements analysis is a perfect complement when working with Resideo Technologies Valuation or Volatility modules.
  
Check out the analysis of Resideo Technologies Correlation against competitors.
For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.

Latest Resideo Technologies' Inventory Growth Pattern

Below is the plot of the Inventory of Resideo Technologies over the last few years. It is Resideo Technologies' Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Resideo Technologies' overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Resideo Inventory Regression Statistics

Arithmetic Mean593,130,833
Geometric Mean566,808,673
Coefficient Of Variation32.53
Mean Deviation164,672,889
Median465,000,000
Standard Deviation192,946,184
Sample Variance37228.2T
Range540M
R-Value0.88
Mean Square Error9184.6T
R-Squared0.77
Significance0.000017
Slope37,881,205
Total Sum of Squares521195.2T

Resideo Inventory History

2024760 M
2023941 M
2022975 M
2021740 M
2020672 M
2019671 M
2018628 M

Other Fundumenentals of Resideo Technologies

About Resideo Technologies Financial Statements

Investors use fundamental indicators, such as Resideo Technologies' Inventory, to determine how well the company is positioned to perform in the future. Although Resideo Technologies' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Inventory941 M760 M
Change To Inventory32 M33.6 M
Inventory Turnover 4.83  6.34 
Days Of Inventory On Hand 75.55  51.62 
Days Of Inventory Outstanding 75.55  51.62 

Currently Active Assets on Macroaxis

When determining whether Resideo Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Resideo Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Resideo Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Resideo Technologies Stock:
Check out the analysis of Resideo Technologies Correlation against competitors.
For more detail on how to invest in Resideo Stock please use our How to Invest in Resideo Technologies guide.
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Is Building Products 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 Resideo Technologies. If investors know Resideo 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 Resideo Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
1.09
Revenue Per Share
44.034
Quarterly Revenue Growth
0.176
Return On Assets
0.0496
The market value of Resideo Technologies is measured differently than its book value, which is the value of Resideo that is recorded on the company's balance sheet. Investors also form their own opinion of Resideo Technologies' value that differs from its market value or its book value, called intrinsic value, which is Resideo Technologies' 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 Resideo Technologies' market value can be influenced by many factors that don't directly affect Resideo Technologies' 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 Resideo Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Resideo Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Resideo Technologies' 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.