Afya Inventory Turnover from 2010 to 2024

AFYA Stock  USD 15.33  0.31  1.98%   
Afya's Inventory Turnover is increasing over the years with stable fluctuation. Overall, Inventory Turnover is expected to go to 843.20 this year. 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
803.04848046
Current Value
843.2
Quarterly Volatility
237.78013531
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Afya financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Afya's main balance sheet or income statement drivers, such as Tax Provision of 24.8 M, Interest Income of 25.3 M or Discontinued Operations of 0.0, as well as many indicators such as Price To Sales Ratio of 3.18, Dividend Yield of 0.0037 or PTB Ratio of 2.54. Afya financial statements analysis is a perfect complement when working with Afya Valuation or Volatility modules.
  
Check out the analysis of Afya Correlation against competitors.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.

Latest Afya's Inventory Turnover Growth Pattern

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

Afya Inventory Turnover Regression Statistics

Arithmetic Mean284.97
Geometric Mean208.78
Coefficient Of Variation83.44
Mean Deviation143.51
Median276.93
Standard Deviation237.78
Sample Variance56,539
Range788
R-Value0.27
Mean Square Error56,446
R-Squared0.07
Significance0.33
Slope14.36
Total Sum of Squares791,551

Afya Inventory Turnover History

2024 843.2
2023 803.05
2022 70.51
2021 55.15
2020 57.88
2019 78.55
2018 150.72

About Afya Financial Statements

Afya stakeholders use historical fundamental indicators, such as Afya's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Afya investors may analyze each financial statement separately, they are all interrelated. For example, changes in Afya's assets and liabilities are reflected in the revenues and expenses on Afya's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Afya. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 803.05  843.20 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Afya offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Afya's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Afya Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Afya Stock:
Check out the analysis of Afya Correlation against competitors.
For information on how to trade Afya Stock refer to our How to Trade Afya Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Diversified Consumer Services 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 Afya. If investors know Afya 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 Afya 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
0.891
Earnings Share
1.04
Revenue Per Share
34.119
Quarterly Revenue Growth
0.137
Return On Assets
0.0711
The market value of Afya is measured differently than its book value, which is the value of Afya that is recorded on the company's balance sheet. Investors also form their own opinion of Afya's value that differs from its market value or its book value, called intrinsic value, which is Afya'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 Afya's market value can be influenced by many factors that don't directly affect Afya'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 Afya's value and its price as these two are different measures arrived at by different means. Investors typically determine if Afya is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Afya'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.