Universal Inventory Turnover from 2010 to 2024

UHT Stock  USD 40.93  0.28  0.69%   
Universal Health Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover is likely to outpace its year average 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
(0.49)
Current Value
(0.46)
Quarterly Volatility
0.22119191
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Universal Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal Health's main balance sheet or income statement drivers, such as Depreciation And Amortization of 15.1 M, Interest Expense of 23.1 M or Total Revenue of 100.4 M, as well as many indicators such as Price To Sales Ratio of 7.93, Dividend Yield of 0.0793 or PTB Ratio of 2.06. Universal financial statements analysis is a perfect complement when working with Universal Health Valuation or Volatility modules.
  
Check out the analysis of Universal Health Correlation against competitors.

Latest Universal Health's Inventory Turnover Growth Pattern

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

Universal Inventory Turnover Regression Statistics

Arithmetic Mean(0.18)
Coefficient Of Variation(122.54)
Mean Deviation0.21
Median(0.01)
Standard Deviation0.22
Sample Variance0.05
Range0.4838
R-Value(0.86)
Mean Square Error0.01
R-Squared0.74
Significance0.000036
Slope(0.04)
Total Sum of Squares0.68

Universal Inventory Turnover History

2024 -0.46
2023 -0.49
2019 -0.42
2018 -0.007868
2017 -0.0073

About Universal Health Financial Statements

Universal Health shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Universal Health investors may analyze each financial statement separately, they are all interrelated. The changes in Universal Health's assets and liabilities, for example, are also reflected in the revenues and expenses on on Universal Health's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover(0.49)(0.46)

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Additional Tools for Universal Stock Analysis

When running Universal Health's price analysis, check to measure Universal Health'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 Universal Health is operating at the current time. Most of Universal Health's value examination focuses on studying past and present price action to predict the probability of Universal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Health's price. Additionally, you may evaluate how the addition of Universal Health to your portfolios can decrease your overall portfolio volatility.