Cemtrex Inventory Turnover from 2010 to 2024

CETX Stock  USD 3.18  0.03  0.93%   
Cemtrex Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 4.21 in 2024. 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
4.43
Current Value
4.21
Quarterly Volatility
20.81777681
 
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Check Cemtrex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemtrex's main balance sheet or income statement drivers, such as Depreciation And Amortization of 614.5 K, Interest Expense of 6 M or Total Revenue of 45.7 M, as well as many indicators such as Price To Sales Ratio of 126, Dividend Yield of 0.0 or PTB Ratio of 1.2 K. Cemtrex financial statements analysis is a perfect complement when working with Cemtrex Valuation or Volatility modules.
  
Check out the analysis of Cemtrex Correlation against competitors.
For more information on how to buy Cemtrex Stock please use our How to Invest in Cemtrex guide.

Latest Cemtrex's Inventory Turnover Growth Pattern

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

Cemtrex Inventory Turnover Regression Statistics

Arithmetic Mean12.76
Geometric Mean6.84
Coefficient Of Variation163.09
Mean Deviation13.17
Median4.62
Standard Deviation20.82
Sample Variance433.38
Range75.3485
R-Value(0.54)
Mean Square Error332.52
R-Squared0.29
Significance0.04
Slope(2.50)
Total Sum of Squares6,067

Cemtrex Inventory Turnover History

2024 4.21
2023 4.43
2022 3.85
2021 3.28
2020 4.62
2019 3.56
2018 4.55

About Cemtrex Financial Statements

Cemtrex investors use historical fundamental indicators, such as Cemtrex's Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Cemtrex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 4.43  4.21 

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Additional Tools for Cemtrex Stock Analysis

When running Cemtrex's price analysis, check to measure Cemtrex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cemtrex is operating at the current time. Most of Cemtrex's value examination focuses on studying past and present price action to predict the probability of Cemtrex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cemtrex's price. Additionally, you may evaluate how the addition of Cemtrex to your portfolios can decrease your overall portfolio volatility.