Sun Inventory Turnover from 2010 to 2024

SUI Stock  USD 127.46  1.06  0.82%   
Sun Communities' Inventory Turnover is decreasing with slightly volatile movements from year to year. Inventory Turnover is estimated to finish at 11.87 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
11.42169261
Current Value
11.87
Quarterly Volatility
6.7375035
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sun Communities financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sun Communities' main balance sheet or income statement drivers, such as Depreciation And Amortization of 693 M, Interest Expense of 345.6 M or Selling General Administrative of 283.7 M, as well as many indicators such as Price To Sales Ratio of 4.05, Dividend Yield of 0.0274 or PTB Ratio of 1.77. Sun financial statements analysis is a perfect complement when working with Sun Communities Valuation or Volatility modules.
  
Check out the analysis of Sun Communities Correlation against competitors.
For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.

Latest Sun Communities' Inventory Turnover Growth Pattern

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

Sun Inventory Turnover Regression Statistics

Arithmetic Mean15.06
Geometric Mean13.38
Coefficient Of Variation44.73
Mean Deviation5.44
Median13.78
Standard Deviation6.74
Sample Variance45.39
Range26.2558
R-Value(0.31)
Mean Square Error44.33
R-Squared0.09
Significance0.27
Slope(0.46)
Total Sum of Squares635.52

Sun Inventory Turnover History

2024 11.87
2023 11.42
2022 7.49
2021 21.73
2020 13.16
2019 8.81
2018 10.01

About Sun Communities Financial Statements

Investors use fundamental indicators, such as Sun Communities' Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Sun Communities' 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 11.42  11.87 

Currently Active Assets on Macroaxis

When determining whether Sun Communities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Communities' 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 Sun Communities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Communities Stock:
Check out the analysis of Sun Communities Correlation against competitors.
For more detail on how to invest in Sun Stock please use our How to Invest in Sun Communities guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Single-Family Residential REITs 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 Sun Communities. If investors know Sun 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 Sun Communities 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
1.391
Dividend Share
3.75
Earnings Share
1.86
Revenue Per Share
25.753
Quarterly Revenue Growth
(0.03)
The market value of Sun Communities is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Communities' value that differs from its market value or its book value, called intrinsic value, which is Sun Communities' 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 Sun Communities' market value can be influenced by many factors that don't directly affect Sun Communities' 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 Sun Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Communities' 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.