Sharps Days Of Inventory On Hand from 2010 to 2024

STSS Stock  USD 3.47  0.06  1.70%   
Sharps Technology Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand is likely to outpace its year average in 2024. From the period from 2010 to 2024, Sharps Technology Days Of Inventory On Hand quarterly data regression had r-value of (0.62) and coefficient of variation of  32.47. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
699.95587648
Current Value
863.54
Quarterly Volatility
439.1598032
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sharps Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sharps Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 935.8 K, Total Revenue of 0.0 or Other Operating Expenses of 5.8 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 14.28. Sharps financial statements analysis is a perfect complement when working with Sharps Technology Valuation or Volatility modules.
  
Check out the analysis of Sharps Technology Correlation against competitors.
For more information on how to buy Sharps Stock please use our How to Invest in Sharps Technology guide.

Latest Sharps Technology's Days Of Inventory On Hand Growth Pattern

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

Sharps Days Of Inventory On Hand Regression Statistics

Arithmetic Mean1,352
Geometric Mean1,181
Coefficient Of Variation32.47
Mean Deviation318.67
Median1,552
Standard Deviation439.16
Sample Variance192,861
Range1.4K
R-Value(0.62)
Mean Square Error126,750
R-Squared0.39
Significance0.01
Slope(61.30)
Total Sum of Squares2.7M

Sharps Days Of Inventory On Hand History

2024 863.54
2023 699.96
2022 103.61

About Sharps Technology Financial Statements

Sharps Technology shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Sharps Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Sharps Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Sharps Technology'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
Days Of Inventory On Hand 699.96  863.54 

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Additional Tools for Sharps Stock Analysis

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