Chemed Days Of Inventory On Hand from 2010 to 2024

CHE Stock  USD 566.84  0.41  0.07%   
Chemed Corp's Days Of Inventory On Hand is decreasing over the years with slightly volatile fluctuation. Days Of Inventory On Hand is expected to dwindle to 2.84. During the period from 2010 to 2024 Chemed Corp Days Of Inventory On Hand annual values regression line had geometric mean of  2.91 and mean square error of  333.32. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
2.98492434
Current Value
2.84
Quarterly Volatility
19.4919986
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chemed Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chemed Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 63.9 M, Interest Expense of 3.2 M or Selling General Administrative of 216.4 M, as well as many indicators such as Price To Sales Ratio of 4.08, Dividend Yield of 0.0025 or PTB Ratio of 8.34. Chemed financial statements analysis is a perfect complement when working with Chemed Corp Valuation or Volatility modules.
  
Check out the analysis of Chemed Corp Correlation against competitors.
For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.

Latest Chemed Corp's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Chemed Corp over the last few years. It is Chemed Corp's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chemed Corp'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  

Chemed Days Of Inventory On Hand Regression Statistics

Arithmetic Mean7.38
Geometric Mean2.91
Coefficient Of Variation263.97
Mean Deviation9.39
Median2.43
Standard Deviation19.49
Sample Variance379.94
Range76.1299
R-Value(0.43)
Mean Square Error333.32
R-Squared0.19
Significance0.11
Slope(1.88)
Total Sum of Squares5,319

Chemed Days Of Inventory On Hand History

2024 2.84
2023 2.98
2022 2.74
2021 2.69
2019 2.06
2017 1.69
2016 1.88

About Chemed Corp Financial Statements

Chemed Corp stakeholders use historical fundamental indicators, such as Chemed Corp's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Chemed Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Chemed Corp's assets and liabilities are reflected in the revenues and expenses on Chemed Corp'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 Chemed Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 2.98  2.84 

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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 Chemed Corp is a strong investment it is important to analyze Chemed Corp'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 Chemed Corp's future performance. For an informed investment choice regarding Chemed Stock, refer to the following important reports:
Check out the analysis of Chemed Corp Correlation against competitors.
For information on how to trade Chemed Stock refer to our How to Trade Chemed Stock guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Health Care Providers & 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 Chemed Corp. If investors know Chemed 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 Chemed Corp 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
0.014
Dividend Share
1.7
Earnings Share
19.77
Revenue Per Share
157.577
Quarterly Revenue Growth
0.074
The market value of Chemed Corp is measured differently than its book value, which is the value of Chemed that is recorded on the company's balance sheet. Investors also form their own opinion of Chemed Corp's value that differs from its market value or its book value, called intrinsic value, which is Chemed Corp'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 Chemed Corp's market value can be influenced by many factors that don't directly affect Chemed Corp'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 Chemed Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chemed Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chemed Corp'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.