Signet Days Of Inventory On Hand from 2010 to 2024

SIG Stock  USD 104.13  1.53  1.49%   
Signet Jewelers' Days Of Inventory On Hand is decreasing over the last several years with slightly volatile swings. Days Of Inventory On Hand is estimated to finish at 243.09 this year. During the period from 2010 to 2024 Signet Jewelers Days Of Inventory On Hand regressed destribution of quarterly values had coefficient of variationof  12.85 and r-value of (0.35). View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
162.63839676
Current Value
243.09412632
Quarterly Volatility
25.92086136
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Signet Jewelers financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Signet Jewelers' main balance sheet or income statement drivers, such as Depreciation And Amortization of 104.2 M, Interest Expense of 15 M or Total Revenue of 3.7 B, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0057 or PTB Ratio of 3.44. Signet financial statements analysis is a perfect complement when working with Signet Jewelers Valuation or Volatility modules.
  
Check out the analysis of Signet Jewelers Correlation against competitors.
For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.

Latest Signet Jewelers' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Signet Jewelers over the last few years. It is Signet Jewelers' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Signet Jewelers' 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  

Signet Days Of Inventory On Hand Regression Statistics

Arithmetic Mean201.66
Geometric Mean200.01
Coefficient Of Variation12.85
Mean Deviation20.81
Median206.61
Standard Deviation25.92
Sample Variance671.89
Range80.4557
R-Value(0.35)
Mean Square Error634.71
R-Squared0.12
Significance0.20
Slope(2.03)
Total Sum of Squares9,406

Signet Days Of Inventory On Hand History

2024 243.09
2020 162.64
2014 217.48

About Signet Jewelers Financial Statements

Signet Jewelers stakeholders use historical fundamental indicators, such as Signet Jewelers' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Signet Jewelers investors may analyze each financial statement separately, they are all interrelated. For example, changes in Signet Jewelers' assets and liabilities are reflected in the revenues and expenses on Signet Jewelers' 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 Signet Jewelers. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 162.64  243.09 

Currently Active Assets on Macroaxis

When determining whether Signet Jewelers is a strong investment it is important to analyze Signet Jewelers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Signet Jewelers' future performance. For an informed investment choice regarding Signet Stock, refer to the following important reports:
Check out the analysis of Signet Jewelers Correlation against competitors.
For more detail on how to invest in Signet Stock please use our How to Invest in Signet Jewelers guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Other Specialty Retail 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 Signet Jewelers. If investors know Signet 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 Signet Jewelers 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
1.138
Dividend Share
1.04
Earnings Share
8.67
Revenue Per Share
154.687
Quarterly Revenue Growth
(0.08)
The market value of Signet Jewelers is measured differently than its book value, which is the value of Signet that is recorded on the company's balance sheet. Investors also form their own opinion of Signet Jewelers' value that differs from its market value or its book value, called intrinsic value, which is Signet Jewelers' 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 Signet Jewelers' market value can be influenced by many factors that don't directly affect Signet Jewelers' 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 Signet Jewelers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Signet Jewelers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Signet Jewelers' 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.