Argo Days Of Inventory On Hand from 2010 to 2024

ARBKL Stock  USD 6.79  0.01  0.15%   
Argo Blockchain Days Of Inventory On Hand yearly trend continues to be quite stable with very little volatility. Days Of Inventory On Hand may rise above 0.04 this year. From the period between 2010 and 2024, Argo Blockchain, Days Of Inventory On Hand regression line of its data series had sample variance of  237,703 and sample variance of  237,703. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
0.0393
Current Value
0.0413
Quarterly Volatility
487.54776351
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Argo Blockchain financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Argo Blockchain's main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 107, Dividend Yield of 0.0 or PTB Ratio of 38 K. Argo financial statements analysis is a perfect complement when working with Argo Blockchain Valuation or Volatility modules.
  
Check out the analysis of Argo Blockchain Correlation against competitors.

Latest Argo Blockchain's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Argo Blockchain plc over the last few years. It is Argo Blockchain's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Argo Blockchain's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Argo Days Of Inventory On Hand Regression Statistics

Arithmetic Mean(576.85)
Coefficient Of Variation(84.52)
Mean Deviation461.50
Median(961.44)
Standard Deviation487.55
Sample Variance237,703
Range961
R-Value0.85
Mean Square Error70,851
R-Squared0.72
Significance0.000059
Slope92.71
Total Sum of Squares3.3M

Argo Days Of Inventory On Hand History

2024 0.0413
2023 0.0393
2022 0.0437
2021 1.2E-5
2020 1.5E-5
2019 4.8E-5

About Argo Blockchain Financial Statements

Argo Blockchain investors utilize fundamental indicators, such as Days Of Inventory On Hand, to predict how Argo 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
Days Of Inventory On Hand 0.04  0.04 

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When determining whether Argo Blockchain plc is a strong investment it is important to analyze Argo Blockchain'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 Argo Blockchain's future performance. For an informed investment choice regarding Argo Stock, refer to the following important reports:
Check out the analysis of Argo Blockchain Correlation against competitors.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Business 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 Argo Blockchain. If investors know Argo 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 Argo Blockchain listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Argo Blockchain plc is measured differently than its book value, which is the value of Argo that is recorded on the company's balance sheet. Investors also form their own opinion of Argo Blockchain's value that differs from its market value or its book value, called intrinsic value, which is Argo Blockchain'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 Argo Blockchain's market value can be influenced by many factors that don't directly affect Argo Blockchain'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 Argo Blockchain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Argo Blockchain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Argo Blockchain'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.