Target Inventory from 2010 to 2024

TH Stock  USD 8.35  0.07  0.83%   
Target Hospitality's Inventory is increasing with slightly volatile movements from year to year. Inventory is predicted to flatten to about 1.4 M. For the period between 2010 and 2024, Target Hospitality, Inventory quarterly trend regression had mean deviation of  473,778 and range of 1.6 M. View All Fundamentals
 
Inventory  
First Reported
2010-12-31
Previous Quarter
2.1 M
Current Value
1.4 M
Quarterly Volatility
580.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Target Hospitality financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Target Hospitality's main balance sheet or income statement drivers, such as Interest Expense of 27.4 M, Selling General Administrative of 43.6 M or Total Revenue of 333.8 M, as well as many indicators such as Price To Sales Ratio of 2.11, Dividend Yield of 0.0497 or PTB Ratio of 2.48. Target financial statements analysis is a perfect complement when working with Target Hospitality Valuation or Volatility modules.
  
Check out the analysis of Target Hospitality Correlation against competitors.

Latest Target Hospitality's Inventory Growth Pattern

Below is the plot of the Inventory of Target Hospitality Corp over the last few years. It is Target Hospitality's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Target Hospitality's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Target Inventory Regression Statistics

Arithmetic Mean935,333
Geometric Mean797,302
Coefficient Of Variation62.09
Mean Deviation473,778
Median500,000
Standard Deviation580,774
Sample Variance337.3B
Range1.6M
R-Value0.85
Mean Square Error102.5B
R-Squared0.72
Significance0.000067
Slope110,036
Total Sum of Squares4.7T

Target Inventory History

20241.4 M
20232.1 M
2022M
20211.6 M
20191.1 M
2018900 K

Other Fundumenentals of Target Hospitality Corp

About Target Hospitality Financial Statements

Investors use fundamental indicators, such as Target Hospitality's Inventory, to determine how well the company is positioned to perform in the future. Although Target Hospitality'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
Inventory2.1 M1.4 M
Change To Inventory9.4 M9.8 M
Inventory Turnover 146.54  168.76 
Days Of Inventory On Hand 2.58  1.95 
Days Of Inventory Outstanding 2.58  1.95 

Currently Active Assets on Macroaxis

Check out the analysis of Target Hospitality Correlation against competitors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Hotels, Resorts & Cruise Lines 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 Target Hospitality. If investors know Target 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 Target Hospitality 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
(0.54)
Earnings Share
0.87
Revenue Per Share
4.256
Quarterly Revenue Growth
(0.35)
Return On Assets
0.1237
The market value of Target Hospitality Corp is measured differently than its book value, which is the value of Target that is recorded on the company's balance sheet. Investors also form their own opinion of Target Hospitality's value that differs from its market value or its book value, called intrinsic value, which is Target Hospitality'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 Target Hospitality's market value can be influenced by many factors that don't directly affect Target Hospitality'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 Target Hospitality's value and its price as these two are different measures arrived at by different means. Investors typically determine if Target Hospitality is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Target Hospitality'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.