URG Inventory Turnover from 2010 to 2024

URG Stock  USD 1.33  0.03  2.21%   
Ur Energy's Inventory Turnover is increasing over the last several years with slightly volatile swings. Inventory Turnover is estimated to finish at 16.24 this year. 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
15.46518864
Current Value
16.24
Quarterly Volatility
5.01816834
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ur Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ur Energy's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 1.2 M or Selling General Administrative of 5.2 M, as well as many indicators such as Price To Sales Ratio of 21.52, Dividend Yield of 0.0 or PTB Ratio of 5.62. URG financial statements analysis is a perfect complement when working with Ur Energy Valuation or Volatility modules.
  
Check out the analysis of Ur Energy Correlation against competitors.
For more detail on how to invest in URG Stock please use our How to Invest in Ur Energy guide.

Latest Ur Energy's Inventory Turnover Growth Pattern

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

URG Inventory Turnover Regression Statistics

Arithmetic Mean4.88
Geometric Mean3.09
Coefficient Of Variation102.89
Mean Deviation3.75
Median3.46
Standard Deviation5.02
Sample Variance25.18
Range15.5472
R-Value0.54
Mean Square Error19.34
R-Squared0.29
Significance0.04
Slope0.60
Total Sum of Squares352.55

URG Inventory Turnover History

2024 16.24
2023 15.47
2022 0.69
2021 0.88
2020 1.66
2019 4.08
2018 6.63

About Ur Energy Financial Statements

Ur Energy stakeholders use historical fundamental indicators, such as Ur Energy's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Ur Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Ur Energy's assets and liabilities are reflected in the revenues and expenses on Ur Energy'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 Ur Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 15.47  16.24 

Currently Active Assets on Macroaxis

When determining whether Ur Energy is a strong investment it is important to analyze Ur Energy'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 Ur Energy's future performance. For an informed investment choice regarding URG Stock, refer to the following important reports:
Check out the analysis of Ur Energy Correlation against competitors.
For more detail on how to invest in URG Stock please use our How to Invest in Ur Energy guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Oil, Gas & Consumable Fuels 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 Ur Energy. If investors know URG 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 Ur Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.13)
Revenue Per Share
0.056
Quarterly Revenue Growth
0.113
Return On Assets
(0.18)
Return On Equity
(0.34)
The market value of Ur Energy is measured differently than its book value, which is the value of URG that is recorded on the company's balance sheet. Investors also form their own opinion of Ur Energy's value that differs from its market value or its book value, called intrinsic value, which is Ur Energy'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 Ur Energy's market value can be influenced by many factors that don't directly affect Ur Energy'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 Ur Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ur Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ur Energy'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.