Sensus Inventory Turnover from 2010 to 2024

SRTS Stock  USD 8.89  0.04  0.45%   
Sensus Healthcare Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 0.83 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
0.87218616
Current Value
0.83
Quarterly Volatility
1.70852744
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sensus Healthcare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sensus Healthcare's main balance sheet or income statement drivers, such as Depreciation And Amortization of 484.5 K, Interest Expense of 0.0 or Selling General Administrative of 3.9 M, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0382 or PTB Ratio of 0.75. Sensus financial statements analysis is a perfect complement when working with Sensus Healthcare Valuation or Volatility modules.
  
Check out the analysis of Sensus Healthcare Correlation against competitors.
For more information on how to buy Sensus Stock please use our How to Invest in Sensus Healthcare guide.

Latest Sensus Healthcare's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Sensus Healthcare 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. Sensus Healthcare's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sensus Healthcare's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Very volatile
   Inventory Turnover   
       Timeline  

Sensus Inventory Turnover Regression Statistics

Arithmetic Mean3.16
Geometric Mean2.66
Coefficient Of Variation54.11
Mean Deviation1.39
Median2.43
Standard Deviation1.71
Sample Variance2.92
Range5.0125
R-Value(0.02)
Mean Square Error3.14
R-Squared0.0003
Significance0.95
Slope(0.01)
Total Sum of Squares40.87

Sensus Inventory Turnover History

2024 0.83
2023 0.87
2022 4.26
2021 5.72
2020 0.98
2019 3.24
2018 5.84

About Sensus Healthcare Financial Statements

Sensus Healthcare shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Sensus Healthcare investors may analyze each financial statement separately, they are all interrelated. The changes in Sensus Healthcare's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sensus Healthcare'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 0.87  0.83 

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Additional Tools for Sensus Stock Analysis

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