Westport Inventory Turnover from 2010 to 2024

WPRT Stock  USD 4.49  0.17  3.94%   
Westport Fuel 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
4.18868651
Current Value
4.4
Quarterly Volatility
8.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Westport Fuel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Westport Fuel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.5 M, Interest Expense of 4.3 M or Total Revenue of 348.4 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0 or PTB Ratio of 0.68. Westport financial statements analysis is a perfect complement when working with Westport Fuel Valuation or Volatility modules.
  
Check out the analysis of Westport Fuel Correlation against competitors.

Latest Westport Fuel's Inventory Turnover Growth Pattern

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

Westport Inventory Turnover Regression Statistics

Arithmetic Mean2,212
Geometric Mean6.07
Coefficient Of Variation386.70
Mean Deviation4,123
Median3.60
Standard Deviation8,554
Sample Variance73.2M
Range33.1K
R-Value(0.43)
Mean Square Error64M
R-Squared0.19
Significance0.11
Slope(828.16)
Total Sum of Squares1B

Westport Inventory Turnover History

2024 4.4
2023 4.19
2022 3.3
2021 3.18
2020 4.14
2019 4.96
2018 4.48

About Westport Fuel Financial Statements

Westport Fuel shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Westport Fuel investors may analyze each financial statement separately, they are all interrelated. The changes in Westport Fuel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Westport Fuel'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 4.19  4.40 

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Additional Tools for Westport Stock Analysis

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