RLI Inventory Turnover from 2010 to 2024

RLI Stock  USD 179.76  1.82  1.02%   
RLI Corp's Inventory Turnover is decreasing with slightly volatile movements from year to year. Inventory Turnover is predicted to flatten to -0.0021. 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
(0)
Current Value
(0)
Quarterly Volatility
0.00043604
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check RLI Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among RLI Corp's main balance sheet or income statement drivers, such as Interest Expense of 4.9 M, Total Revenue of 1.6 B or Gross Profit of 1.6 B, as well as many indicators such as Price To Sales Ratio of 1.65, Dividend Yield of 0.0265 or PTB Ratio of 4.51. RLI financial statements analysis is a perfect complement when working with RLI Corp Valuation or Volatility modules.
  
Check out the analysis of RLI Corp Correlation against competitors.
For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.

Latest RLI Corp's Inventory Turnover Growth Pattern

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

RLI Inventory Turnover Regression Statistics

Arithmetic Mean(0)
Coefficient Of Variation(29.88)
Mean Deviation0.0004
Median(0)
Standard Deviation0.0004
Sample Variance0.00000019
Range0.0011
R-Value(0.91)
Mean Square Error0.00000004
R-Squared0.82
Slope(0.000088)
Total Sum of Squares0.00000266

RLI Inventory Turnover History

2024 -0.002083
2023 -0.001983
2016 -0.001725

About RLI Corp Financial Statements

Investors use fundamental indicators, such as RLI Corp's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although RLI Corp's 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

Currently Active Assets on Macroaxis

When determining whether RLI Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLI Corp'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 Rli Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rli Corp Stock:
Check out the analysis of RLI Corp Correlation against competitors.
For more detail on how to invest in RLI Stock please use our How to Invest in RLI Corp guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Property & Casualty Insurance 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 RLI Corp. If investors know RLI 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 RLI Corp 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
6.103
Dividend Share
1.12
Earnings Share
9.09
Revenue Per Share
38.608
Quarterly Revenue Growth
0.417
The market value of RLI Corp is measured differently than its book value, which is the value of RLI that is recorded on the company's balance sheet. Investors also form their own opinion of RLI Corp's value that differs from its market value or its book value, called intrinsic value, which is RLI Corp'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 RLI Corp's market value can be influenced by many factors that don't directly affect RLI Corp'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 RLI Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLI Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLI Corp'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.