XBiotech Inventory Turnover from 2010 to 2024

XBIT Stock  USD 7.61  0.26  3.54%   
XBiotech Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to -0.61 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
(0.59)
Current Value
(0.61)
Quarterly Volatility
2.11947062
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check XBiotech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among XBiotech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 M, Interest Expense of 985.4 K or Selling General Administrative of 7.9 M, as well as many indicators such as Price To Sales Ratio of 14.88, Dividend Yield of 0.18 or PTB Ratio of 0.53. XBiotech financial statements analysis is a perfect complement when working with XBiotech Valuation or Volatility modules.
  
Check out the analysis of XBiotech Correlation against competitors.
For more information on how to buy XBiotech Stock please use our How to Invest in XBiotech guide.

Latest XBiotech's Inventory Turnover Growth Pattern

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

XBiotech Inventory Turnover Regression Statistics

Arithmetic Mean(4.02)
Coefficient Of Variation(52.72)
Mean Deviation1.81
Median(5.26)
Standard Deviation2.12
Sample Variance4.49
Range4.6652
R-Value0.77
Mean Square Error1.98
R-Squared0.59
Significance0.0008
Slope0.36
Total Sum of Squares62.89

XBiotech Inventory Turnover History

2024 -0.61
2023 -0.59
2021 -0.65

About XBiotech Financial Statements

XBiotech shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although XBiotech investors may analyze each financial statement separately, they are all interrelated. The changes in XBiotech's assets and liabilities, for example, are also reflected in the revenues and expenses on on XBiotech'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(0.59)(0.61)

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Additional Tools for XBiotech Stock Analysis

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