Tutor Inventory Turnover from 2010 to 2024

TPC Stock  USD 28.52  0.17  0.59%   
Tutor Perini's Inventory Turnover is decreasing over the years with slightly volatile fluctuation. Inventory Turnover is expected to dwindle to 38.75. 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
40.79
Current Value
38.75
Quarterly Volatility
19.76020946
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tutor Perini financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tutor Perini's main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.4 M, Interest Expense of 89.4 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.11, Dividend Yield of 0.0661 or PTB Ratio of 0.35. Tutor financial statements analysis is a perfect complement when working with Tutor Perini Valuation or Volatility modules.
  
Check out the analysis of Tutor Perini Correlation against competitors.
For information on how to trade Tutor Stock refer to our How to Trade Tutor Stock guide.

Latest Tutor Perini's Inventory Turnover Growth Pattern

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

Tutor Inventory Turnover Regression Statistics

Arithmetic Mean59.06
Geometric Mean55.91
Coefficient Of Variation33.46
Mean Deviation16.76
Median63.25
Standard Deviation19.76
Sample Variance390.47
Range62.8307
R-Value(0.66)
Mean Square Error238.09
R-Squared0.43
Significance0.01
Slope(2.91)
Total Sum of Squares5,467

Tutor Inventory Turnover History

2024 38.75
2023 40.79
2022 35.47
2021 44.63
2020 30.88
2019 53.02
2018 64.59

About Tutor Perini Financial Statements

Tutor Perini stakeholders use historical fundamental indicators, such as Tutor Perini's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Tutor Perini investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tutor Perini's assets and liabilities are reflected in the revenues and expenses on Tutor Perini'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 Tutor Perini. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 40.79  38.75 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tutor Perini offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tutor Perini's 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 Tutor Perini Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tutor Perini Stock:
Check out the analysis of Tutor Perini Correlation against competitors.
For information on how to trade Tutor Stock refer to our How to Trade Tutor Stock guide.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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 Tutor Perini. If investors know Tutor 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 Tutor Perini 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
(0.17)
Earnings Share
(2.52)
Revenue Per Share
81.985
Quarterly Revenue Growth
0.021
Return On Assets
(0.01)
The market value of Tutor Perini is measured differently than its book value, which is the value of Tutor that is recorded on the company's balance sheet. Investors also form their own opinion of Tutor Perini's value that differs from its market value or its book value, called intrinsic value, which is Tutor Perini'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 Tutor Perini's market value can be influenced by many factors that don't directly affect Tutor Perini'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 Tutor Perini's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tutor Perini is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tutor Perini'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.