Atlassian Change To Inventory from 2010 to 2024

TEAM Stock  USD 253.97  8.52  3.47%   
Atlassian Corp Change To Inventory yearly trend continues to be very stable with very little volatility. Change To Inventory is likely to grow to about 43.9 M this year. Change To Inventory is the increase or decrease in the amount of inventory Atlassian Corp Plc has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2016-06-30
Previous Quarter
58.7 M
Current Value
35.7 M
Quarterly Volatility
24 M
 
Covid
Check Atlassian Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Atlassian Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 60.1 M, Interest Expense of 28.4 M or Selling General Administrative of 641.1 M, as well as many indicators such as Price To Sales Ratio of 20.83, Dividend Yield of 0.0011 or PTB Ratio of 50.5. Atlassian financial statements analysis is a perfect complement when working with Atlassian Corp Valuation or Volatility modules.
  
Check out the analysis of Atlassian Corp Correlation against competitors.

Latest Atlassian Corp's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Atlassian Corp Plc over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Atlassian Corp's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Atlassian Corp's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Atlassian Change To Inventory Regression Statistics

Arithmetic Mean1,816,347
Coefficient Of Variation1,183
Mean Deviation15,560,022
Median(4,810,000)
Standard Deviation21,479,105
Sample Variance461.4T
Range75.7M
R-Value0.51
Mean Square Error367.3T
R-Squared0.26
Significance0.05
Slope2,452,390
Total Sum of Squares6458.9T

Atlassian Change To Inventory History

202443.9 M
202341.8 M
202236.4 M
2021-31.7 M
2020-13.1 M
2019-10.6 M
20181.1 M

About Atlassian Corp Financial Statements

Atlassian Corp investors utilize fundamental indicators, such as Change To Inventory, to predict how Atlassian Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Inventory41.8 M43.9 M

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When determining whether Atlassian Corp Plc is a strong investment it is important to analyze Atlassian Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlassian Corp's future performance. For an informed investment choice regarding Atlassian Stock, refer to the following important reports:
Check out the analysis of Atlassian Corp Correlation against competitors.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 Atlassian Corp. If investors know Atlassian 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 Atlassian Corp 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
1.722
Earnings Share
(1.52)
Revenue Per Share
17.587
Quarterly Revenue Growth
0.215
Return On Assets
(0.02)
The market value of Atlassian Corp Plc is measured differently than its book value, which is the value of Atlassian that is recorded on the company's balance sheet. Investors also form their own opinion of Atlassian Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlassian Corp'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 Atlassian Corp's market value can be influenced by many factors that don't directly affect Atlassian Corp'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 Atlassian Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlassian Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlassian Corp'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.