Viomi Inventory Turnover from 2010 to 2024

VIOT Stock  USD 1.39  0.09  6.08%   
Viomi Technology Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 4.13 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
4.35048245
Current Value
4.13
Quarterly Volatility
2.32592715
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Viomi Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Viomi Technology's main balance sheet or income statement drivers, such as Tax Provision of 1.6 M, Net Interest Income of 19 M or Interest Income of 19 M, as well as many indicators such as Price To Sales Ratio of 0.19, Dividend Yield of 6.0E-4 or PTB Ratio of 0.34. Viomi financial statements analysis is a perfect complement when working with Viomi Technology Valuation or Volatility modules.
  
Check out the analysis of Viomi Technology Correlation against competitors.

Latest Viomi Technology's Inventory Turnover Growth Pattern

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

Viomi Inventory Turnover Regression Statistics

Arithmetic Mean8.46
Geometric Mean8.09
Coefficient Of Variation27.49
Mean Deviation1.84
Median9.61
Standard Deviation2.33
Sample Variance5.41
Range7.6674
R-Value(0.71)
Mean Square Error2.89
R-Squared0.50
Significance0
Slope(0.37)
Total Sum of Squares75.74

Viomi Inventory Turnover History

2024 4.13
2023 4.35
2022 4.97
2021 7.12
2020 10.79
2019 8.53
2018 7.95

About Viomi Technology Financial Statements

Viomi Technology shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Viomi Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Viomi Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Viomi Technology'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 4.35  4.13 

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Additional Tools for Viomi Stock Analysis

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