Trimble Days Of Inventory On Hand from 2010 to 2024

TRMB Stock  USD 72.95  0.63  0.87%   
Trimble's Days Of Inventory On Hand is decreasing over the years with stable fluctuation. Overall, Days Of Inventory On Hand is expected to go to 118.56 this year. From 2010 to 2024 Trimble Days Of Inventory On Hand quarterly data regression line had arithmetic mean of  85.40 and r-squared of  0.06. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
81.63291061
Current Value
118.56
Quarterly Volatility
14.51365463
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trimble financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trimble's main balance sheet or income statement drivers, such as Depreciation And Amortization of 263.1 M, Total Revenue of 4 B or Gross Profit of 2.3 B, as well as many indicators such as Price To Sales Ratio of 6.29, Dividend Yield of 0.0 or PTB Ratio of 6.71. Trimble financial statements analysis is a perfect complement when working with Trimble Valuation or Volatility modules.
  
Check out the analysis of Trimble Correlation against competitors.
For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.

Latest Trimble's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Trimble over the last few years. It is Trimble's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trimble's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Pretty Stable
   Days Of Inventory On Hand   
       Timeline  

Trimble Days Of Inventory On Hand Regression Statistics

Arithmetic Mean85.40
Geometric Mean84.26
Coefficient Of Variation17.00
Mean Deviation9.30
Median81.63
Standard Deviation14.51
Sample Variance210.65
Range63.746
R-Value(0.24)
Mean Square Error214.30
R-Squared0.06
Significance0.40
Slope(0.76)
Total Sum of Squares2,949

Trimble Days Of Inventory On Hand History

2024 118.56
2022 54.81
2021 81.63
2016 79.06
2011 87.58
2010 111.11

About Trimble Financial Statements

Trimble stakeholders use historical fundamental indicators, such as Trimble's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Trimble investors may analyze each financial statement separately, they are all interrelated. For example, changes in Trimble's assets and liabilities are reflected in the revenues and expenses on Trimble'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 Trimble. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 81.63  118.56 

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When determining whether Trimble offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trimble'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 Trimble Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trimble Stock:
Check out the analysis of Trimble Correlation against competitors.
For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Electronic Equipment, Instruments & Components 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 Trimble. If investors know Trimble 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 Trimble 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
(0.47)
Earnings Share
5.98
Revenue Per Share
14.768
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0321
The market value of Trimble is measured differently than its book value, which is the value of Trimble that is recorded on the company's balance sheet. Investors also form their own opinion of Trimble's value that differs from its market value or its book value, called intrinsic value, which is Trimble'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 Trimble's market value can be influenced by many factors that don't directly affect Trimble'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 Trimble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trimble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trimble'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.