Indivior Inventory Turnover vs Average Inventory Analysis
INDV Stock | 11.21 0.12 1.06% |
Indivior PLC financial indicator trend analysis is infinitely more than just investigating Indivior PLC Ordinary recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Indivior PLC Ordinary is a good investment. Please check the relationship between Indivior PLC Inventory Turnover and its Average Inventory accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indivior PLC Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Inventory Turnover vs Average Inventory
Inventory Turnover vs Average Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Indivior PLC Ordinary Inventory Turnover account and Average Inventory. At this time, the significance of the direction appears to have pay attention.
The correlation between Indivior PLC's Inventory Turnover and Average Inventory is -0.86. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Average Inventory in the same time period over historical financial statements of Indivior PLC Ordinary, assuming nothing else is changed. The correlation between historical values of Indivior PLC's Inventory Turnover and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Indivior PLC Ordinary are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Inventory Turnover i.e., Indivior PLC's Inventory Turnover and Average Inventory go up and down completely randomly.
Correlation Coefficient | -0.86 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Average Inventory
The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.Most indicators from Indivior PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Indivior PLC Ordinary current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Indivior PLC Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. At this time, Indivior PLC's Issuance Of Capital Stock is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to climb to 0.57 in 2024, whereas Selling General Administrative is likely to drop slightly above 484.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 26M | 29M | 37M | 30.4M | Interest Income | 4M | 19M | 43M | 21.8M |
Indivior PLC fundamental ratios Correlations
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Indivior PLC Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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