Sonida Inventory Turnover from 2010 to 2024

SNDA Stock  USD 24.50  0.73  3.07%   
Sonida Senior's Inventory Turnover is increasing over the years with stable fluctuation. Overall, Inventory Turnover is expected to go to 16.00 this year. 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
10.89
Current Value
16
Quarterly Volatility
13.15126415
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sonida Senior financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonida Senior's main balance sheet or income statement drivers, such as Depreciation And Amortization of 63.5 M, Total Revenue of 252.3 M or Gross Profit of 245.9 M, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0355 or Days Sales Outstanding of 10.89. Sonida financial statements analysis is a perfect complement when working with Sonida Senior Valuation or Volatility modules.
  
Check out the analysis of Sonida Senior Correlation against competitors.

Latest Sonida Senior's Inventory Turnover Growth Pattern

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

Sonida Inventory Turnover Regression Statistics

Arithmetic Mean21.13
Geometric Mean17.73
Coefficient Of Variation62.24
Mean Deviation8.94
Median18.90
Standard Deviation13.15
Sample Variance172.96
Range51.296
R-Value0.24
Mean Square Error175.80
R-Squared0.06
Significance0.40
Slope0.70
Total Sum of Squares2,421

Sonida Inventory Turnover History

2024 16.0
2023 10.89
2022 12.1
2021 40.59
2020 56.12
2019 23.44
2018 22.65

About Sonida Senior Financial Statements

Sonida Senior stakeholders use historical fundamental indicators, such as Sonida Senior's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Sonida Senior investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sonida Senior's assets and liabilities are reflected in the revenues and expenses on Sonida Senior'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 Sonida Senior Living. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 10.89  16.00 

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When determining whether Sonida Senior Living offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonida Senior'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 Sonida Senior Living Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonida Senior Living Stock:
Check out the analysis of Sonida Senior Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Health Care Equipment & Supplies 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 Sonida Senior. If investors know Sonida 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 Sonida Senior 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
(0.22)
Earnings Share
(2.36)
Revenue Per Share
26.27
Quarterly Revenue Growth
0.11
Return On Assets
(0.01)
The market value of Sonida Senior Living is measured differently than its book value, which is the value of Sonida that is recorded on the company's balance sheet. Investors also form their own opinion of Sonida Senior's value that differs from its market value or its book value, called intrinsic value, which is Sonida Senior'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 Sonida Senior's market value can be influenced by many factors that don't directly affect Sonida Senior'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 Sonida Senior's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonida Senior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonida Senior'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.