STRATA Inventory Turnover vs Average Inventory Analysis
SSKN Stock | USD 2.76 0.09 3.37% |
STRATA Skin financial indicator trend analysis is much more than just breaking down STRATA Skin Sciences prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether STRATA Skin Sciences is a good investment. Please check the relationship between STRATA Skin Inventory Turnover and its Average Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STRATA Skin Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
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 STRATA Skin Sciences Inventory Turnover account and Average Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between STRATA Skin's Inventory Turnover and Average Inventory is -0.03. 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 STRATA Skin Sciences, assuming nothing else is changed. The correlation between historical values of STRATA Skin'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 STRATA Skin Sciences 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., STRATA Skin's Inventory Turnover and Average Inventory go up and down completely randomly.
Correlation Coefficient | -0.03 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
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 STRATA Skin's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into STRATA Skin Sciences 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 World Market Map to better understand how to build diversified portfolios, which includes a position in STRATA Skin Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. As of the 26th of February 2025, Selling General Administrative is likely to drop to about 8.9 M. In addition to that, Tax Provision is likely to grow to about (78.7 K)
STRATA Skin fundamental ratios Correlations
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STRATA Skin Account Relationship Matchups
High Positive Relationship
High Negative Relationship
STRATA Skin fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 46.8M | 46.6M | 52.3M | 42.0M | 48.3M | 30.1M | |
Total Stockholder Equity | 25.9M | 25.4M | 21.8M | 12.7M | 14.6M | 17.8M | |
Retained Earnings | (219.0M) | (221.7M) | (227.2M) | (238.1M) | (214.3M) | (203.5M) | |
Non Current Assets Total | 21.9M | 26.6M | 34.8M | 26.5M | 30.4M | 32.0M | |
Common Stock Shares Outstanding | 3.4M | 3.4M | 3.5M | 3.5M | 4.0M | 4.0M | |
Liabilities And Stockholders Equity | 46.8M | 46.6M | 52.3M | 42.0M | 48.3M | 30.1M | |
Total Current Assets | 24.8M | 20.0M | 17.5M | 15.5M | 17.9M | 17.2M | |
Other Stockholder Equity | 244.8M | 247.1M | 249.0M | 250.7M | 288.3M | 157.6M | |
Non Currrent Assets Other | 282K | 216K | 98K | 231K | 265.7K | 304.8K | |
Other Current Assets | 7.8M | 924K | 2.7M | 1.6M | 1.9M | 1.1M | |
Total Liab | 20.9M | 21.2M | 30.4M | 29.3M | 33.7M | 35.4M | |
Short Long Term Debt Total | 10.9M | 8.0M | 8.4M | 15.6M | 18.0M | 11.9M | |
Other Current Liab | 1.6M | 2.4M | 2.5M | 2.0M | 2.3M | 1.4M | |
Total Current Liabilities | 18.8M | 12.8M | 13.4M | 12.2M | 14.0M | 14.7M | |
Net Debt | 278K | (4.6M) | 3.0M | 8.8M | 10.2M | 10.7M | |
Cash | 10.6M | 12.6M | 5.4M | 6.8M | 6.1M | 10.1M | |
Cash And Short Term Investments | 10.6M | 12.6M | 5.4M | 6.8M | 6.1M | 10.4M | |
Property Plant And Equipment Net | 6.5M | 7.5M | 8.5M | 12.4M | 14.3M | 15.0M | |
Current Deferred Revenue | 2.3M | 3.3M | 2.8M | 2.1M | 1.9M | 1.8M | |
Accounts Payable | 2.8M | 2.8M | 3.4M | 3.3M | 3.8M | 2.5M | |
Other Assets | 428K | 347K | 1.3M | 216K | 248.4K | 301.5K | |
Net Receivables | 2.9M | 3.4M | 4.5M | 4.4M | 5.1M | 2.6M | |
Non Current Liabilities Total | 2.0M | 8.4M | 17.0M | 17.2M | 19.7M | 9.9M | |
Inventory | 3.4M | 3.5M | 5.5M | 2.7M | 3.1M | 3.3M | |
Property Plant And Equipment Gross | 6.5M | 7.5M | 8.5M | 36.7M | 42.2M | 44.3M | |
Short Term Debt | 9.1M | 636K | 710K | 352K | 316.8K | 301.0K | |
Intangible Assets | 6.3M | 10.1M | 17.4M | 7.3M | 8.4M | 5.6M | |
Property Plant Equipment | 5.3M | 5.4M | 6.5M | 7.5M | 8.6M | 4.7M | |
Other Liab | 499K | 178K | 288K | 666K | 765.9K | 1.1M | |
Net Tangible Assets | 12.7M | 11.9M | 10.7M | 6.5M | 5.9M | 6.7M |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STRATA Skin Sciences. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Health Care Equipment & Supplies 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 STRATA Skin. If investors know STRATA 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 STRATA Skin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.60) | Revenue Per Share | Quarterly Revenue Growth (0.01) | Return On Assets | Return On Equity |
The market value of STRATA Skin Sciences is measured differently than its book value, which is the value of STRATA that is recorded on the company's balance sheet. Investors also form their own opinion of STRATA Skin's value that differs from its market value or its book value, called intrinsic value, which is STRATA Skin's 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 STRATA Skin's market value can be influenced by many factors that don't directly affect STRATA Skin's 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 STRATA Skin's value and its price as these two are different measures arrived at by different means. Investors typically determine if STRATA Skin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STRATA Skin's 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.