SigmaTron Inventory Turnover from 2010 to 2024
SGMA Stock | USD 2.70 0.05 1.82% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 2.6414833 | Current Value 4.08 | Quarterly Volatility 0.7709887 |
Check SigmaTron International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SigmaTron International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 10.9 M or Total Revenue of 193.1 M, as well as many indicators such as Price To Sales Ratio of 0.0657, Dividend Yield of 0.0298 or PTB Ratio of 0.37. SigmaTron financial statements analysis is a perfect complement when working with SigmaTron International Valuation or Volatility modules.
SigmaTron | Inventory Turnover |
Latest SigmaTron International's Inventory Turnover Growth Pattern
Below is the plot of the Inventory Turnover of SigmaTron International 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. SigmaTron International's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SigmaTron International's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover | 10 Years Trend |
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Inventory Turnover |
Timeline |
SigmaTron Inventory Turnover Regression Statistics
Arithmetic Mean | 3.20 | |
Geometric Mean | 3.12 | |
Coefficient Of Variation | 24.09 | |
Mean Deviation | 0.58 | |
Median | 3.09 | |
Standard Deviation | 0.77 | |
Sample Variance | 0.59 | |
Range | 3.0574 | |
R-Value | (0.61) | |
Mean Square Error | 0.40 | |
R-Squared | 0.37 | |
Significance | 0.02 | |
Slope | (0.10) | |
Total Sum of Squares | 8.32 |
SigmaTron Inventory Turnover History
About SigmaTron International Financial Statements
SigmaTron International stakeholders use historical fundamental indicators, such as SigmaTron International's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although SigmaTron International investors may analyze each financial statement separately, they are all interrelated. For example, changes in SigmaTron International's assets and liabilities are reflected in the revenues and expenses on SigmaTron International'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 SigmaTron International. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Inventory Turnover | 2.64 | 4.08 |
Also Currently Popular
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 SigmaTron International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SigmaTron International'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 Sigmatron International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sigmatron International Stock:Check out the analysis of SigmaTron International Correlation against competitors. For information on how to trade SigmaTron Stock refer to our How to Trade SigmaTron Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Electronic Equipment, Instruments & 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 SigmaTron International. If investors know SigmaTron 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 SigmaTron International 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 (0.97) | Earnings Share (0.99) | Revenue Per Share 59.085 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0107 |
The market value of SigmaTron International is measured differently than its book value, which is the value of SigmaTron that is recorded on the company's balance sheet. Investors also form their own opinion of SigmaTron International's value that differs from its market value or its book value, called intrinsic value, which is SigmaTron International'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 SigmaTron International's market value can be influenced by many factors that don't directly affect SigmaTron International'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 SigmaTron International's value and its price as these two are different measures arrived at by different means. Investors typically determine if SigmaTron International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SigmaTron International'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.