Snowflake Days Of Inventory On Hand from 2010 to 2024

SNOW Stock  USD 167.44  3.91  2.28%   
Snowflake Days Of Inventory On Hand yearly trend continues to be fairly stable with very little volatility. Days Of Inventory On Hand will likely drop to 32.20 in 2024. During the period from 2010 to 2024, Snowflake Days Of Inventory On Hand regression line of quarterly data had mean square error of  520.91 and geometric mean of  6.20. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
39.72
Current Value
32.2
Quarterly Volatility
31.67397078
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Snowflake financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Snowflake's main balance sheet or income statement drivers, such as Depreciation And Amortization of 125.9 M, Interest Expense of 89.2 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 21.72, Dividend Yield of 0.0 or PTB Ratio of 13.01. Snowflake financial statements analysis is a perfect complement when working with Snowflake Valuation or Volatility modules.
  
Check out the analysis of Snowflake Correlation against competitors.
For more information on how to buy Snowflake Stock please use our How to Invest in Snowflake guide.

Latest Snowflake's Days Of Inventory On Hand Growth Pattern

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

Snowflake Days Of Inventory On Hand Regression Statistics

Arithmetic Mean62.12
Geometric Mean6.20
Coefficient Of Variation50.98
Mean Deviation27.22
Median82.54
Standard Deviation31.67
Sample Variance1,003
Range82.5405
R-Value(0.72)
Mean Square Error520.91
R-Squared0.52
Significance0
Slope(5.10)
Total Sum of Squares14,045

Snowflake Days Of Inventory On Hand History

2024 32.2
2023 39.72
2022 34.54
2021 1.0E-6
2020 2.0E-6

About Snowflake Financial Statements

Snowflake investors use historical fundamental indicators, such as Snowflake's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Snowflake. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 39.72  32.20 

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Additional Tools for Snowflake Stock Analysis

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