Snowflake Inventory Turnover from 2010 to 2024

SNOW Stock  USD 167.44  3.91  2.28%   
Snowflake Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 5.99 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
9.51
Current Value
5.99
Quarterly Volatility
2.66817698
 
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 Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Snowflake 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. Snowflake's Inventory Turnover 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.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Snowflake Inventory Turnover Regression Statistics

Arithmetic Mean6.09
Geometric Mean5.65
Coefficient Of Variation43.78
Mean Deviation2.24
Median4.42
Standard Deviation2.67
Sample Variance7.12
Range6.1454
R-Value0.69
Mean Square Error4.02
R-Squared0.48
Significance0
Slope0.41
Total Sum of Squares99.67

Snowflake Inventory Turnover History

2024 5.99
2023 9.51
2020 10.57

About Snowflake Financial Statements

Snowflake investors use historical fundamental indicators, such as Snowflake's Inventory Turnover, 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
Inventory Turnover 9.51  5.99 

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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.