Ternium Inventory Turnover from 2010 to 2024

TX Stock  USD 33.38  0.17  0.51%   
Ternium SA Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 2.62 in 2024. 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
2.8394645
Current Value
2.62
Quarterly Volatility
0.45456158
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ternium SA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ternium SA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 383.1 M, Interest Expense of 96.7 M or Selling General Administrative of 601.8 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0396 or PTB Ratio of 1.17. Ternium financial statements analysis is a perfect complement when working with Ternium SA Valuation or Volatility modules.
  
Check out the analysis of Ternium SA Correlation against competitors.

Latest Ternium SA's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Ternium SA ADR 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. Ternium SA's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ternium SA'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  

Ternium Inventory Turnover Regression Statistics

Arithmetic Mean3.31
Geometric Mean3.28
Coefficient Of Variation13.73
Mean Deviation0.35
Median3.32
Standard Deviation0.45
Sample Variance0.21
Range1.57
R-Value(0.47)
Mean Square Error0.17
R-Squared0.22
Significance0.08
Slope(0.05)
Total Sum of Squares2.89

Ternium Inventory Turnover History

2024 2.62
2023 2.84
2022 3.6
2021 2.53
2020 3.55
2019 3.92
2018 3.15

About Ternium SA Financial Statements

Ternium SA investors use historical fundamental indicators, such as Ternium SA's Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ternium SA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 2.84  2.62 

Also Currently Popular

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.

Additional Tools for Ternium Stock Analysis

When running Ternium SA's price analysis, check to measure Ternium SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ternium SA is operating at the current time. Most of Ternium SA's value examination focuses on studying past and present price action to predict the probability of Ternium SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ternium SA's price. Additionally, you may evaluate how the addition of Ternium SA to your portfolios can decrease your overall portfolio volatility.