Rocket Inventory Turnover from 2010 to 2024

RKLB Stock  USD 23.26  0.85  3.79%   
Rocket Lab's Inventory Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Inventory Turnover is expected to go to 2.31 this year. 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
1.79110303
Current Value
2.31
Quarterly Volatility
0.81941702
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Rocket Lab financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rocket Lab's main balance sheet or income statement drivers, such as Depreciation And Amortization of 19.9 M, Interest Expense of 4.1 M or Total Revenue of 132.3 M, as well as many indicators such as Price To Sales Ratio of 13.57, Dividend Yield of 0.0 or PTB Ratio of 5.04. Rocket financial statements analysis is a perfect complement when working with Rocket Lab Valuation or Volatility modules.
  
Check out the analysis of Rocket Lab Correlation against competitors.

Latest Rocket Lab's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Rocket Lab USA 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. Rocket Lab's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Rocket Lab'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  

Rocket Inventory Turnover Regression Statistics

Arithmetic Mean2.95
Geometric Mean2.82
Coefficient Of Variation27.77
Mean Deviation0.72
Median3.49
Standard Deviation0.82
Sample Variance0.67
Range2.156
R-Value(0.77)
Mean Square Error0.30
R-Squared0.59
Significance0.0009
Slope(0.14)
Total Sum of Squares9.40

Rocket Inventory Turnover History

2024 2.31
2023 1.79
2022 2.08
2021 1.34
2020 1.8

About Rocket Lab Financial Statements

Rocket Lab stakeholders use historical fundamental indicators, such as Rocket Lab's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Rocket Lab investors may analyze each financial statement separately, they are all interrelated. For example, changes in Rocket Lab's assets and liabilities are reflected in the revenues and expenses on Rocket Lab's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Rocket Lab USA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 1.79  2.31 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Rocket Lab USA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rocket Lab's 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 Rocket Lab Usa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rocket Lab Usa Stock:
Check out the analysis of Rocket Lab Correlation against competitors.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Industrial Machinery & Supplies & Components 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 Rocket Lab. If investors know Rocket 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 Rocket Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.38)
Revenue Per Share
0.739
Quarterly Revenue Growth
0.549
Return On Assets
(0.11)
Return On Equity
(0.37)
The market value of Rocket Lab USA is measured differently than its book value, which is the value of Rocket that is recorded on the company's balance sheet. Investors also form their own opinion of Rocket Lab's value that differs from its market value or its book value, called intrinsic value, which is Rocket Lab's 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 Rocket Lab's market value can be influenced by many factors that don't directly affect Rocket Lab's 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 Rocket Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rocket Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rocket Lab's 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.