Zoetis Inventory Turnover from 2010 to 2024

ZTS Stock  USD 176.71  1.04  0.59%   
Zoetis 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
1.05694228
Current Value
1.39
Quarterly Volatility
0.1486798
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Zoetis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Zoetis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 515.5 M, Interest Expense of 159.1 M or Total Revenue of 6 B, as well as many indicators such as Price To Sales Ratio of 5.59, Dividend Yield of 0.0089 or PTB Ratio of 13.07. Zoetis financial statements analysis is a perfect complement when working with Zoetis Valuation or Volatility modules.
  
Check out the analysis of Zoetis Correlation against competitors.

Latest Zoetis' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Zoetis 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. Zoetis' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Zoetis' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Zoetis Inventory Turnover Regression Statistics

Arithmetic Mean1.27
Geometric Mean1.26
Coefficient Of Variation11.70
Mean Deviation0.12
Median1.26
Standard Deviation0.15
Sample Variance0.02
Range0.5076
R-Value(0.41)
Mean Square Error0.02
R-Squared0.17
Significance0.13
Slope(0.01)
Total Sum of Squares0.31

Zoetis Inventory Turnover History

2024 1.39
2023 1.06
2022 1.05
2021 1.2
2020 1.26
2019 1.41
2018 1.37

About Zoetis Financial Statements

Zoetis shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Zoetis investors may analyze each financial statement separately, they are all interrelated. The changes in Zoetis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Zoetis' 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 1.06  1.39 

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Additional Tools for Zoetis Stock Analysis

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