Star Inventory Turnover from 2010 to 2024

SGU Stock  USD 12.52  0.09  0.71%   
Star Gas Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 14.00 in 2024. 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
24.14
Current Value
14
Quarterly Volatility
5.25385982
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Star Gas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Star Gas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.8 M, Interest Expense of 15.2 M or Selling General Administrative of 42.1 M, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 0.0957 or PTB Ratio of 1.85. Star financial statements analysis is a perfect complement when working with Star Gas Valuation or Volatility modules.
  
Check out the analysis of Star Gas Correlation against competitors.

Latest Star Gas' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Star Gas Partners 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. Star Gas' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Star Gas' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Pretty Stable
   Inventory Turnover   
       Timeline  

Star Inventory Turnover Regression Statistics

Arithmetic Mean19.87
Geometric Mean19.00
Coefficient Of Variation26.44
Mean Deviation3.91
Median20.44
Standard Deviation5.25
Sample Variance27.60
Range19.9281
R-Value0.11
Mean Square Error29.34
R-Squared0.01
Significance0.68
Slope0.13
Total Sum of Squares386.44

Star Inventory Turnover History

2024 14.0
2023 24.14
2022 26.82
2021 18.61
2020 17.21
2019 20.44
2018 20.05

About Star Gas Financial Statements

Star Gas shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Star Gas investors may analyze each financial statement separately, they are all interrelated. The changes in Star Gas' assets and liabilities, for example, are also reflected in the revenues and expenses on on Star Gas' 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
Inventory Turnover 24.14  14.00 

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Additional Tools for Star Stock Analysis

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