ZimVie Inventory Turnover from 2010 to 2024

ZIMV Stock  USD 14.41  0.24  1.69%   
ZimVie Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 1.17 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
2.09861809
Current Value
1.17
Quarterly Volatility
0.23993559
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ZimVie financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ZimVie's main balance sheet or income statement drivers, such as Depreciation And Amortization of 105.5 M, Interest Expense of 21.2 M or Selling General Administrative of 443.4 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 1.78 or PTB Ratio of 1.2. ZimVie financial statements analysis is a perfect complement when working with ZimVie Valuation or Volatility modules.
  
Check out the analysis of ZimVie Correlation against competitors.

Latest ZimVie's Inventory Turnover Growth Pattern

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

ZimVie Inventory Turnover Regression Statistics

Arithmetic Mean1.30
Geometric Mean1.29
Coefficient Of Variation18.40
Mean Deviation0.14
Median1.23
Standard Deviation0.24
Sample Variance0.06
Range0.993
R-Value0.40
Mean Square Error0.05
R-Squared0.16
Significance0.14
Slope0.02
Total Sum of Squares0.81

ZimVie Inventory Turnover History

2024 1.17
2023 2.1
2022 1.29
2021 1.56
2020 1.11

About ZimVie Financial Statements

ZimVie investors use historical fundamental indicators, such as ZimVie's Inventory Turnover, 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 ZimVie. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 2.10  1.17 

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Additional Tools for ZimVie Stock Analysis

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