SoundHound Days Of Inventory On Hand from 2010 to 2024

SOUNW Stock  USD 3.10  0.40  14.81%   
SoundHound 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 64.70 in 2024. During the period from 2010 to 2024, SoundHound Days Of Inventory On Hand regression line of quarterly data had mean square error of  1,326 and geometric mean of  0. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
86.03
Current Value
64.7
Quarterly Volatility
47.83433542
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SoundHound financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SoundHound's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Selling General Administrative of 22.8 M or Selling And Marketing Expenses of 11.8 M, as well as many indicators such as Price To Sales Ratio of 20.86, Dividend Yield of 0.0 or PTB Ratio of 18.12. SoundHound financial statements analysis is a perfect complement when working with SoundHound Valuation or Volatility modules.
  
Check out the analysis of SoundHound Correlation against competitors.

Latest SoundHound's Days Of Inventory On Hand Growth Pattern

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

SoundHound Days Of Inventory On Hand Regression Statistics

Arithmetic Mean26.23
Geometric Mean0
Coefficient Of Variation182.40
Mean Deviation38.46
Median0.000062
Standard Deviation47.83
Sample Variance2,288
Range147
R-Value0.68
Mean Square Error1,326
R-Squared0.46
Significance0.01
Slope7.27
Total Sum of Squares32,034

SoundHound Days Of Inventory On Hand History

2024 64.7
2023 86.03
2022 95.59
2021 147.05

About SoundHound Financial Statements

SoundHound investors use historical fundamental indicators, such as SoundHound'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 SoundHound. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 86.03  64.70 

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Additional Tools for SoundHound Stock Analysis

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