Steelcase Days Of Inventory On Hand from 2010 to 2024

SCS Stock  USD 13.72  0.45  3.39%   
Steelcase Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand will likely drop to 23.33 in 2024. From the period from 2010 to 2024, Steelcase Days Of Inventory On Hand quarterly data regression had r-value of  0.49 and coefficient of variation of  17.63. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
39.2857143
Current Value
23.33238921
Quarterly Volatility
5.92700844
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Latest Steelcase's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Steelcase over the last few years. It is Steelcase's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Steelcase's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Steelcase Days Of Inventory On Hand Regression Statistics

Arithmetic Mean33.61
Geometric Mean33.07
Coefficient Of Variation17.63
Mean Deviation4.77
Median34.84
Standard Deviation5.93
Sample Variance35.13
Range15.9533
R-Value0.49
Mean Square Error28.62
R-Squared0.24
Significance0.06
Slope0.65
Total Sum of Squares491.81

Steelcase Days Of Inventory On Hand History

2024 23.33
2019 39.29
2013 34.84
2011 25.06
2010 25.25

About Steelcase Financial Statements

Steelcase shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase'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
Days Of Inventory On Hand 39.29  23.33 

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Additional Tools for Steelcase Stock Analysis

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