SOS Inventory Turnover from 2010 to 2024

SOS Stock  USD 7.79  0.53  6.37%   
SOS Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 2.20 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
2.37974144
Current Value
2.2
Quarterly Volatility
2.07939288
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SOS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SOS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 17.3 M or Selling General Administrative of 17.4 M, as well as many indicators such as Price To Sales Ratio of 31.82, Dividend Yield of 0.0 or PTB Ratio of 6.9. SOS financial statements analysis is a perfect complement when working with SOS Valuation or Volatility modules.
  
Check out the analysis of SOS Correlation against competitors.

Latest SOS's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of SOS Limited 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. SOS's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SOS'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  

SOS Inventory Turnover Regression Statistics

Arithmetic Mean0.39
Coefficient Of Variation528.73
Mean Deviation1.65
Median(0.73)
Standard Deviation2.08
Sample Variance4.32
Range6.5782
R-Value0.68
Mean Square Error2.48
R-Squared0.47
Significance0
Slope0.32
Total Sum of Squares60.53

SOS Inventory Turnover History

2024 2.2
2023 2.38
2022 5.85
2021 3.51

About SOS Financial Statements

SOS shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although SOS investors may analyze each financial statement separately, they are all interrelated. The changes in SOS's assets and liabilities, for example, are also reflected in the revenues and expenses on on SOS's 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 2.38  2.20 

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Additional Tools for SOS Stock Analysis

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