Rush Inventory Turnover from 2010 to 2024

RSI Stock  USD 13.80  0.48  3.60%   
Rush Street's Inventory Turnover is increasing with slightly volatile movements from year to year. Inventory Turnover is estimated to finish at 14.32 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
14.16
Current Value
14.32
Quarterly Volatility
5.66407849
 
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Yuan Drop
 
Covid
Check Rush Street financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Rush Street's main balance sheet or income statement drivers, such as Interest Income of 691.9 K, Interest Expense of 2.9 M or Selling General Administrative of 75.9 M, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0044 or PTB Ratio of 6.01. Rush financial statements analysis is a perfect complement when working with Rush Street Valuation or Volatility modules.
  
Check out the analysis of Rush Street Correlation against competitors.

Latest Rush Street's Inventory Turnover Growth Pattern

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

Rush Inventory Turnover Regression Statistics

Arithmetic Mean12.10
Geometric Mean11.26
Coefficient Of Variation46.82
Mean Deviation4.07
Median9.04
Standard Deviation5.66
Sample Variance32.08
Range20.5834
R-Value0.55
Mean Square Error24.05
R-Squared0.30
Significance0.03
Slope0.70
Total Sum of Squares449.14

Rush Inventory Turnover History

2024 14.32
2023 14.16
2022 15.73
2021 17.21
2020 29.62

About Rush Street Financial Statements

Investors use fundamental indicators, such as Rush Street's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Rush Street'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
Inventory Turnover 14.16  14.32 

Currently Active Assets on Macroaxis

When determining whether Rush Street Interactive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rush Street'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 Rush Street Interactive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rush Street Interactive Stock:
Check out the analysis of Rush Street Correlation against competitors.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Hotels, Restaurants & Leisure 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 Rush Street. If investors know Rush 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 Rush Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.02)
Revenue Per Share
11.124
Quarterly Revenue Growth
0.888
Return On Assets
0.016
Return On Equity
(0.03)
The market value of Rush Street Interactive is measured differently than its book value, which is the value of Rush that is recorded on the company's balance sheet. Investors also form their own opinion of Rush Street's value that differs from its market value or its book value, called intrinsic value, which is Rush Street'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 Rush Street's market value can be influenced by many factors that don't directly affect Rush Street'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 Rush Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rush Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rush Street'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.