Stoneridge Inventory from 2010 to 2024

SRI Stock  USD 6.41  0.32  5.25%   
Stoneridge's Inventory is increasing with slightly volatile movements from year to year. Inventory is estimated to finish at about 197.1 M this year. For the period between 2010 and 2024, Stoneridge, Inventory quarterly trend regression had mean deviation of  38,068,819 and range of 166.9 M. View All Fundamentals
 
Inventory  
First Reported
1997-09-30
Previous Quarter
178.7 M
Current Value
176.4 M
Quarterly Volatility
37.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Stoneridge financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Stoneridge's main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.2 M, Interest Expense of 12.7 M or Total Revenue of 770.5 M, as well as many indicators such as Price To Sales Ratio of 0.5, Dividend Yield of 0.0056 or PTB Ratio of 2.03. Stoneridge financial statements analysis is a perfect complement when working with Stoneridge Valuation or Volatility modules.
  
Check out the analysis of Stoneridge Correlation against competitors.
For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.

Latest Stoneridge's Inventory Growth Pattern

Below is the plot of the Inventory of Stoneridge over the last few years. It is Stoneridge's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Stoneridge's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Stoneridge Inventory Regression Statistics

Arithmetic Mean104,541,460
Geometric Mean94,216,090
Coefficient Of Variation45.64
Mean Deviation38,068,819
Median93,449,000
Standard Deviation47,711,191
Sample Variance2276.4T
Range166.9M
R-Value0.70
Mean Square Error1265.8T
R-Squared0.48
Significance0
Slope7,419,340
Total Sum of Squares31869T

Stoneridge Inventory History

2024197.1 M
2023187.8 M
2022152.6 M
2021138.1 M
202090.5 M
201993.4 M
201879.3 M

Other Fundumenentals of Stoneridge

About Stoneridge Financial Statements

Investors use fundamental indicators, such as Stoneridge's Inventory, to determine how well the company is positioned to perform in the future. Although Stoneridge's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Inventory187.8 M197.1 M
Change To Inventory-31.6 M-30 M
Inventory Turnover 4.16  3.95 
Days Of Inventory On Hand 87.75  92.14 
Days Of Inventory Outstanding 87.75  92.14 

Currently Active Assets on Macroaxis

When determining whether Stoneridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stoneridge'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 Stoneridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stoneridge Stock:
Check out the analysis of Stoneridge Correlation against competitors.
For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Automotive Parts & Equipment 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 Stoneridge. If investors know Stoneridge 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 Stoneridge 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
1.948
Earnings Share
(0.27)
Revenue Per Share
33.364
Quarterly Revenue Growth
(0.10)
Return On Assets
0.0116
The market value of Stoneridge is measured differently than its book value, which is the value of Stoneridge that is recorded on the company's balance sheet. Investors also form their own opinion of Stoneridge's value that differs from its market value or its book value, called intrinsic value, which is Stoneridge'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 Stoneridge's market value can be influenced by many factors that don't directly affect Stoneridge'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 Stoneridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stoneridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stoneridge'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.