Shotspotter Inventory Turnover from 2010 to 2024

SSTI Stock  USD 13.57  0.49  3.75%   
Shotspotter's Inventory Turnover is decreasing with slightly volatile movements from year to year. Inventory Turnover is estimated to finish at 14.74 this year. 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
12.35
Current Value
14.74
Quarterly Volatility
4.36742709
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shotspotter financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shotspotter's main balance sheet or income statement drivers, such as Interest Income of 38.5 K, Depreciation And Amortization of 6 M or Interest Expense of 45.6 K, as well as many indicators such as Price To Sales Ratio of 3.23, Dividend Yield of 0.0 or PTB Ratio of 5.96. Shotspotter financial statements analysis is a perfect complement when working with Shotspotter Valuation or Volatility modules.
  
Check out the analysis of Shotspotter Correlation against competitors.
For more detail on how to invest in Shotspotter Stock please use our How to Invest in Shotspotter guide.

Latest Shotspotter's Inventory Turnover Growth Pattern

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

Shotspotter Inventory Turnover Regression Statistics

Arithmetic Mean15.32
Geometric Mean14.70
Coefficient Of Variation28.51
Mean Deviation3.92
Median15.49
Standard Deviation4.37
Sample Variance19.07
Range10.5469
R-Value(0.79)
Mean Square Error7.57
R-Squared0.63
Significance0.0004
Slope(0.78)
Total Sum of Squares267.04

Shotspotter Inventory Turnover History

2024 14.74
2023 12.35
2021 10.74
2020 9.08
2019 10.0
2018 10.21
2017 15.49

About Shotspotter Financial Statements

Investors use fundamental indicators, such as Shotspotter's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Shotspotter'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
Inventory Turnover 12.35  14.74 

Currently Active Assets on Macroaxis

When determining whether Shotspotter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shotspotter'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 Shotspotter Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shotspotter Stock:
Check out the analysis of Shotspotter Correlation against competitors.
For more detail on how to invest in Shotspotter Stock please use our How to Invest in Shotspotter guide.
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Is Application Software 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 Shotspotter. If investors know Shotspotter 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 Shotspotter 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
3.399
Earnings Share
(0.10)
Revenue Per Share
8.21
Quarterly Revenue Growth
0.095
Return On Assets
(0.02)
The market value of Shotspotter is measured differently than its book value, which is the value of Shotspotter that is recorded on the company's balance sheet. Investors also form their own opinion of Shotspotter's value that differs from its market value or its book value, called intrinsic value, which is Shotspotter'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 Shotspotter's market value can be influenced by many factors that don't directly affect Shotspotter'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 Shotspotter's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shotspotter is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shotspotter'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.