Apple Fixed Asset Turnover from 2010 to 2024

AAPL Stock  USD 237.33  2.40  1.02%   
Apple Fixed Asset Turnover yearly trend continues to be quite stable with very little volatility. The value of Fixed Asset Turnover is projected to decrease to 7.05. From the period between 2010 and 2024, Apple, Fixed Asset Turnover regression line of its data series had standard deviation of  2.43 and standard deviation of  2.43. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
8.56031086
Current Value
7.04878991
Quarterly Volatility
2.42579031
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Apple financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Apple's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12 B, Interest Expense of 4.7 B or Selling General Administrative of 27.4 B, as well as many indicators such as Price To Sales Ratio of 7.03, Dividend Yield of 0.0056 or PTB Ratio of 43.37. Apple financial statements analysis is a perfect complement when working with Apple Valuation or Volatility modules.
  
Check out the analysis of Apple Correlation against competitors.

Latest Apple's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Apple Inc over the last few years. It is Apple's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Apple's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Apple Fixed Asset Turnover Regression Statistics

Arithmetic Mean8.41
Geometric Mean8.20
Coefficient Of Variation28.84
Mean Deviation1.19
Median7.98
Standard Deviation2.43
Sample Variance5.88
Range10.0026
R-Value(0.45)
Mean Square Error5.07
R-Squared0.20
Significance0.09
Slope(0.24)
Total Sum of Squares82.38

Apple Fixed Asset Turnover History

2024 7.05
2022 8.56
2016 7.51
2011 7.98
2010 17.05

About Apple Financial Statements

Apple investors utilize fundamental indicators, such as Fixed Asset Turnover, to predict how Apple Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Fixed Asset Turnover 8.56  7.05 

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When determining whether Apple Inc is a strong investment it is important to analyze Apple's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apple's future performance. For an informed investment choice regarding Apple Stock, refer to the following important reports:
Is Technology Hardware, Storage & Peripherals 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 Apple. If investors know Apple 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 Apple listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.34)
Dividend Share
0.98
Earnings Share
6.08
Revenue Per Share
25.485
Quarterly Revenue Growth
0.061
The market value of Apple Inc is measured differently than its book value, which is the value of Apple that is recorded on the company's balance sheet. Investors also form their own opinion of Apple's value that differs from its market value or its book value, called intrinsic value, which is Apple'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 Apple's market value can be influenced by many factors that don't directly affect Apple'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 Apple's value and its price as these two are different measures arrived at by different means. Investors typically determine if Apple is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apple'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.