Virax Change To Inventory from 2010 to 2024

VRAX Stock  USD 1.94  0.06  3.19%   
Virax Biolabs Change To Inventory yearly trend continues to be fairly stable with very little volatility. Change To Inventory is likely to outpace its year average in 2024. Change To Inventory is the increase or decrease in the amount of inventory Virax Biolabs Group has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2010-12-31
Previous Quarter
-60.4 K
Current Value
-57.4 K
Quarterly Volatility
19 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virax Biolabs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virax Biolabs' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 97.9 K or Interest Expense of 28.3 K, as well as many indicators such as Price To Sales Ratio of 8.96, Dividend Yield of 0.0 or PTB Ratio of 0.29. Virax financial statements analysis is a perfect complement when working with Virax Biolabs Valuation or Volatility modules.
  
Check out the analysis of Virax Biolabs Correlation against competitors.

Latest Virax Biolabs' Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Virax Biolabs Group over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Virax Biolabs' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virax Biolabs' overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Pretty Stable
   Change To Inventory   
       Timeline  

Virax Change To Inventory Regression Statistics

Arithmetic Mean(21,898)
Coefficient Of Variation(86.88)
Mean Deviation9,860
Median(21,072)
Standard Deviation19,025
Sample Variance361.9M
Range81.3K
R-Value(0.16)
Mean Square Error379.3M
R-Squared0.03
Significance0.56
Slope(696.51)
Total Sum of Squares5.1B

Virax Change To Inventory History

2024-57.4 K
2023-60.4 K
202221 K
2021 121.0

About Virax Biolabs Financial Statements

Virax Biolabs investors use historical fundamental indicators, such as Virax Biolabs' Change To Inventory, 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 Virax Biolabs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-60.4 K-57.4 K

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 Virax Stock Analysis

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