Thinkpath Average Inventory from 2010 to 2026

THPHF Stock  USD 0.0001  0.00  0.000003%   
Thinkpath's Average Inventory is decreasing over the last several years with slightly volatile swings. Average Inventory is predicted to flatten to about 21.9 K. Average Inventory is the average amount of inventory Thinkpath holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
23 K
Current Value
21.9 K
Quarterly Volatility
11.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Thinkpath financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thinkpath's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 6.2 M or Total Revenue of 17.9 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 3.4 M or Days Sales Outstanding of 66.62. Thinkpath financial statements analysis is a perfect complement when working with Thinkpath Valuation or Volatility modules.
  
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Check out the analysis of Thinkpath Correlation against competitors.
For more detail on how to invest in Thinkpath Stock please use our How to Invest in Thinkpath guide.

Latest Thinkpath's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of Thinkpath over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. Thinkpath's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thinkpath's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Thinkpath Average Inventory Regression Statistics

Arithmetic Mean23,069
Geometric Mean21,791
Coefficient Of Variation49.05
Mean Deviation5,152
Median20,028
Standard Deviation11,316
Sample Variance128M
Range46.8K
R-Value(0.37)
Mean Square Error117.8M
R-Squared0.14
Significance0.14
Slope(830.46)
Total Sum of Squares2B

Thinkpath Average Inventory History

202621.9 K
202523 K
201120 K
201066.9 K

About Thinkpath Financial Statements

Thinkpath stakeholders use historical fundamental indicators, such as Thinkpath's Average Inventory, to determine how well the company is positioned to perform in the future. Although Thinkpath investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thinkpath's assets and liabilities are reflected in the revenues and expenses on Thinkpath's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Thinkpath. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory23 K21.9 K

Currently Active Assets on Macroaxis

When determining whether Thinkpath is a strong investment it is important to analyze Thinkpath'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 Thinkpath's future performance. For an informed investment choice regarding Thinkpath Stock, refer to the following important reports:
Check out the analysis of Thinkpath Correlation against competitors.
For more detail on how to invest in Thinkpath Stock please use our How to Invest in Thinkpath guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Construction & Engineering 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 Thinkpath. If investors know Thinkpath 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 Thinkpath listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Revenue Per Share
1.602
Quarterly Revenue Growth
0.048
Return On Assets
(0.01)
The market value of Thinkpath is measured differently than its book value, which is the value of Thinkpath that is recorded on the company's balance sheet. Investors also form their own opinion of Thinkpath's value that differs from its market value or its book value, called intrinsic value, which is Thinkpath'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 Thinkpath's market value can be influenced by many factors that don't directly affect Thinkpath'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 Thinkpath's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thinkpath is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thinkpath'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.