Zscaler Inventory Turnover from 2010 to 2024

ZS Stock  USD 210.96  3.66  1.77%   
Zscaler Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 2.23 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
2.82
Current Value
2.23
Quarterly Volatility
0.25817767
 
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Yuan Drop
 
Covid
Check Zscaler financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zscaler's main balance sheet or income statement drivers, such as Tax Provision of 29.9 M, Interest Income of 114.6 M or Depreciation And Amortization of 60.2 M, as well as many indicators such as Price To Sales Ratio of 11.76, Dividend Yield of 0.0 or PTB Ratio of 20.0. Zscaler financial statements analysis is a perfect complement when working with Zscaler Valuation or Volatility modules.
  
Check out the analysis of Zscaler Correlation against competitors.
For more information on how to buy Zscaler Stock please use our How to Invest in Zscaler guide.

Latest Zscaler's Inventory Turnover Growth Pattern

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

Zscaler Inventory Turnover Regression Statistics

Arithmetic Mean2.82
Geometric Mean2.81
Coefficient Of Variation9.16
Mean Deviation0.20
Median2.97
Standard Deviation0.26
Sample Variance0.07
Range0.9025
R-Value(0.44)
Mean Square Error0.06
R-Squared0.20
Significance0.1
Slope(0.03)
Total Sum of Squares0.93

Zscaler Inventory Turnover History

2024 2.23
2023 2.82
2022 3.13
2019 2.97
2018 2.81
2017 2.35
2016 2.62

About Zscaler Financial Statements

Zscaler shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Zscaler investors may analyze each financial statement separately, they are all interrelated. The changes in Zscaler's assets and liabilities, for example, are also reflected in the revenues and expenses on on Zscaler'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 2.82  2.23 

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Additional Tools for Zscaler Stock Analysis

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