Weyco Inventory Turnover from 2010 to 2024

WEYS Stock  USD 37.31  0.86  2.36%   
Weyco 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
2.33896381
Current Value
4.31
Quarterly Volatility
0.91675778
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Weyco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Weyco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 302.6 K or Total Revenue of 224.7 M, as well as many indicators such as Price To Sales Ratio of 0.68, Dividend Yield of 0.0192 or PTB Ratio of 1.68. Weyco financial statements analysis is a perfect complement when working with Weyco Valuation or Volatility modules.
  
Check out the analysis of Weyco Correlation against competitors.

Latest Weyco's Inventory Turnover Growth Pattern

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

Weyco Inventory Turnover Regression Statistics

Arithmetic Mean2.73
Geometric Mean2.61
Coefficient Of Variation33.63
Mean Deviation0.60
Median2.62
Standard Deviation0.92
Sample Variance0.84
Range3.5682
R-Value(0.33)
Mean Square Error0.81
R-Squared0.11
Significance0.23
Slope(0.07)
Total Sum of Squares11.77

Weyco Inventory Turnover History

2024 4.31
2023 2.34
2022 1.62
2021 2.26
2020 1.98
2019 2.08
2018 2.45

About Weyco Financial Statements

Weyco shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Weyco investors may analyze each financial statement separately, they are all interrelated. The changes in Weyco's assets and liabilities, for example, are also reflected in the revenues and expenses on on Weyco'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 2.34  4.31 

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Additional Tools for Weyco Stock Analysis

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