Socket Average Inventory from 2010 to 2024

SCKT Stock  USD 1.50  0.01  0.66%   
Socket Mobile Average Inventory yearly trend continues to be comparatively stable with very little volatility. Average Inventory is likely to outpace its year average in 2024. Average Inventory is the average amount of inventory Socket Mobile holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
M
Current Value
5.3 M
Quarterly Volatility
1.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Socket Mobile financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Socket Mobile's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 M, Total Revenue of 17.8 M or Gross Profit of 8.6 M, as well as many indicators such as Price To Sales Ratio of 0.47, Dividend Yield of 7.0E-4 or PTB Ratio of 0.41. Socket financial statements analysis is a perfect complement when working with Socket Mobile Valuation or Volatility modules.
  
Check out the analysis of Socket Mobile Correlation against competitors.
For more information on how to buy Socket Stock please use our How to Invest in Socket Mobile guide.

Latest Socket Mobile's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of Socket Mobile over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. Socket Mobile's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Socket Mobile's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Socket Average Inventory Regression Statistics

Arithmetic Mean5,169,873
Geometric Mean4,669,202
Coefficient Of Variation25.35
Mean Deviation648,204
Median5,567,392
Standard Deviation1,310,443
Sample Variance1.7T
Range5.1M
R-Value0.37
Mean Square Error1.6T
R-Squared0.14
Significance0.18
Slope107,910
Total Sum of Squares24T

Socket Average Inventory History

20245.3 M
2023M
20115.6 M
2010467.6 K

About Socket Mobile Financial Statements

Socket Mobile shareholders use historical fundamental indicators, such as Average Inventory, to determine how well the company is positioned to perform in the future. Although Socket Mobile investors may analyze each financial statement separately, they are all interrelated. The changes in Socket Mobile's assets and liabilities, for example, are also reflected in the revenues and expenses on on Socket Mobile'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
Average InventoryM5.3 M

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Additional Tools for Socket Stock Analysis

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