XTKG Days Of Inventory On Hand from 2010 to 2024

XTKG Stock   2.11  2.00  1,818%   
X3 Holdings' Days Of Inventory On Hand is increasing over the last several years with slightly volatile swings. Days Of Inventory On Hand is estimated to finish at 49.29 this year. During the period from 2010 to 2024 X3 Holdings Co Days Of Inventory On Hand regressed destribution of quarterly values had coefficient of variationof  259.01 and r-value of  0.60. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
46.94177652
Current Value
49.29
Quarterly Volatility
16.89729694
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check X3 Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among X3 Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.1 M, Selling General Administrative of 14.1 M or Selling And Marketing Expenses of 1.8 M, as well as many indicators such as Price To Sales Ratio of 57.55, Dividend Yield of 0.0 or PTB Ratio of 6.6. XTKG financial statements analysis is a perfect complement when working with X3 Holdings Valuation or Volatility modules.
  
Check out the analysis of X3 Holdings Correlation against competitors.

Latest X3 Holdings' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of X3 Holdings Co over the last few years. It is X3 Holdings' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in X3 Holdings' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

XTKG Days Of Inventory On Hand Regression Statistics

Arithmetic Mean6.52
Geometric Mean0.0004
Coefficient Of Variation259.01
Mean Deviation11.09
Median0.000027
Standard Deviation16.90
Sample Variance285.52
Range49.29
R-Value0.60
Mean Square Error197.34
R-Squared0.36
Significance0.02
Slope2.26
Total Sum of Squares3,997

XTKG Days Of Inventory On Hand History

2024 49.29
2023 46.94
2022 5.4E-5
2021 1.63
2020 2.1E-5
2017 2.6E-5

About X3 Holdings Financial Statements

X3 Holdings stakeholders use historical fundamental indicators, such as X3 Holdings' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although X3 Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in X3 Holdings' assets and liabilities are reflected in the revenues and expenses on X3 Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in X3 Holdings Co. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 46.94  49.29 

Currently Active Assets on Macroaxis

When determining whether X3 Holdings is a strong investment it is important to analyze X3 Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact X3 Holdings' future performance. For an informed investment choice regarding XTKG Stock, refer to the following important reports:
Check out the analysis of X3 Holdings Correlation against competitors.
You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of X3 Holdings. If investors know XTKG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about X3 Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.36)
Revenue Per Share
0.547
Quarterly Revenue Growth
1.955
Return On Assets
(0.09)
Return On Equity
(0.99)
The market value of X3 Holdings is measured differently than its book value, which is the value of XTKG that is recorded on the company's balance sheet. Investors also form their own opinion of X3 Holdings' value that differs from its market value or its book value, called intrinsic value, which is X3 Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because X3 Holdings' market value can be influenced by many factors that don't directly affect X3 Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between X3 Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if X3 Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, X3 Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.