Bridgford Days Of Inventory On Hand from 2010 to 2024

BRID Stock  USD 9.07  0.19  2.05%   
Bridgford Foods' Days Of Inventory On Hand is decreasing over the years with stable fluctuation. Days Of Inventory On Hand is expected to dwindle to 58.14. During the period from 2010 to 2024 Bridgford Foods Days Of Inventory On Hand annual values regression line had geometric mean of  77.17 and mean square error of  40.37. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
82.02714684
Current Value
58.14
Quarterly Volatility
6.23188725
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bridgford Foods financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bridgford Foods' main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.9 M, Interest Expense of 676.7 K or Selling General Administrative of 38.8 M, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.0119 or PTB Ratio of 2.86. Bridgford financial statements analysis is a perfect complement when working with Bridgford Foods Valuation or Volatility modules.
  
Check out the analysis of Bridgford Foods Correlation against competitors.
For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.

Latest Bridgford Foods' Days Of Inventory On Hand Growth Pattern

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

Bridgford Days Of Inventory On Hand Regression Statistics

Arithmetic Mean77.43
Geometric Mean77.17
Coefficient Of Variation8.05
Mean Deviation4.27
Median75.71
Standard Deviation6.23
Sample Variance38.84
Range24.4945
R-Value(0.19)
Mean Square Error40.37
R-Squared0.03
Significance0.51
Slope(0.26)
Total Sum of Squares543.71

Bridgford Days Of Inventory On Hand History

2024 58.14
2023 82.03
2019 81.69
2013 75.71
2011 82.63
2010 75.02

About Bridgford Foods Financial Statements

Bridgford Foods stakeholders use historical fundamental indicators, such as Bridgford Foods' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Bridgford Foods investors may analyze each financial statement separately, they are all interrelated. For example, changes in Bridgford Foods' assets and liabilities are reflected in the revenues and expenses on Bridgford Foods' 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 Bridgford Foods. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 82.03  58.14 

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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 Bridgford Foods is a strong investment it is important to analyze Bridgford Foods' 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 Bridgford Foods' future performance. For an informed investment choice regarding Bridgford Stock, refer to the following important reports:
Check out the analysis of Bridgford Foods Correlation against competitors.
For information on how to trade Bridgford Stock refer to our How to Trade Bridgford Stock guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Packaged Foods & Meats 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 Bridgford Foods. If investors know Bridgford 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 Bridgford Foods 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
0.325
Earnings Share
(0.11)
Revenue Per Share
25.53
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.01)
The market value of Bridgford Foods is measured differently than its book value, which is the value of Bridgford that is recorded on the company's balance sheet. Investors also form their own opinion of Bridgford Foods' value that differs from its market value or its book value, called intrinsic value, which is Bridgford Foods' 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 Bridgford Foods' market value can be influenced by many factors that don't directly affect Bridgford Foods' 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 Bridgford Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bridgford Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bridgford Foods' 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.