Tandy Days Of Inventory On Hand from 2010 to 2024

TLF Stock  USD 4.20  0.01  0.24%   
Tandy Leather's Days Of Inventory On Hand is increasing over the last several years with slightly volatile swings. Days Of Inventory On Hand is predicted to flatten to 232.28. During the period from 2010 to 2024 Tandy Leather Factory Days Of Inventory On Hand regressed destribution of quarterly values had coefficient of variationof  24.86 and r-value of  0.38. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
446.38656409
Current Value
232.28
Quarterly Volatility
88.36184789
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tandy Leather financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tandy Leather's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.9 M, Interest Expense of 7.7 K or Total Revenue of 61.1 M, as well as many indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0304 or PTB Ratio of 0.6. Tandy financial statements analysis is a perfect complement when working with Tandy Leather Valuation or Volatility modules.
  
Check out the analysis of Tandy Leather Correlation against competitors.

Latest Tandy Leather's Days Of Inventory On Hand Growth Pattern

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

Tandy Days Of Inventory On Hand Regression Statistics

Arithmetic Mean355.44
Geometric Mean342.77
Coefficient Of Variation24.86
Mean Deviation68.38
Median382.00
Standard Deviation88.36
Sample Variance7,808
Range324
R-Value0.38
Mean Square Error7,191
R-Squared0.14
Significance0.16
Slope7.52
Total Sum of Squares109,309

Tandy Days Of Inventory On Hand History

2024 232.28
2023 446.39
2022 412.34
2021 389.79
2020 479.0
2019 266.25
2018 380.15

About Tandy Leather Financial Statements

Tandy Leather stakeholders use historical fundamental indicators, such as Tandy Leather's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Tandy Leather investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tandy Leather's assets and liabilities are reflected in the revenues and expenses on Tandy Leather'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 Tandy Leather Factory. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 446.39  232.28 

Currently Active Assets on Macroaxis

When determining whether Tandy Leather Factory is a strong investment it is important to analyze Tandy Leather'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 Tandy Leather's future performance. For an informed investment choice regarding Tandy Stock, refer to the following important reports:
Check out the analysis of Tandy Leather Correlation against competitors.
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 Specialty Retail 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 Tandy Leather. If investors know Tandy 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 Tandy Leather 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
(0.83)
Earnings Share
0.29
Revenue Per Share
8.938
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0292
The market value of Tandy Leather Factory is measured differently than its book value, which is the value of Tandy that is recorded on the company's balance sheet. Investors also form their own opinion of Tandy Leather's value that differs from its market value or its book value, called intrinsic value, which is Tandy Leather'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 Tandy Leather's market value can be influenced by many factors that don't directly affect Tandy Leather'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 Tandy Leather's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tandy Leather is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tandy Leather'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.