Comtech Inventory Turnover from 2010 to 2024

CMTL Stock  USD 3.39  0.11  3.14%   
Comtech Telecommunicatio Inventory Turnover yearly trend continues to be quite stable with very little volatility. The value of Inventory Turnover is projected to decrease to 2.99. 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
4.11467102
Current Value
2.99
Quarterly Volatility
0.95731032
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comtech Telecommunicatio financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comtech Telecommunicatio's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35 M, Interest Expense of 24 M or Selling General Administrative of 129.4 M, as well as many indicators such as Price To Sales Ratio of 0.16, Dividend Yield of 0.0027 or PTB Ratio of 0.18. Comtech financial statements analysis is a perfect complement when working with Comtech Telecommunicatio Valuation or Volatility modules.
  
Check out the analysis of Comtech Telecommunicatio Correlation against competitors.

Latest Comtech Telecommunicatio's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Comtech Telecommunications Corp 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. Comtech Telecommunicatio's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comtech Telecommunicatio'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  

Comtech Inventory Turnover Regression Statistics

Arithmetic Mean3.85
Geometric Mean3.75
Coefficient Of Variation24.86
Mean Deviation0.81
Median3.45
Standard Deviation0.96
Sample Variance0.92
Range2.957
R-Value0.21
Mean Square Error0.94
R-Squared0.04
Significance0.46
Slope0.04
Total Sum of Squares12.83

Comtech Inventory Turnover History

2024 2.99
2023 4.11
2022 3.45
2021 3.18
2020 4.58
2019 4.74
2018 5.67

About Comtech Telecommunicatio Financial Statements

Comtech Telecommunicatio investors utilize fundamental indicators, such as Inventory Turnover, to predict how Comtech 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
Inventory Turnover 4.11  2.99 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Comtech Telecommunicatio is a strong investment it is important to analyze Comtech Telecommunicatio'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 Comtech Telecommunicatio's future performance. For an informed investment choice regarding Comtech Stock, refer to the following important reports:
Check out the analysis of Comtech Telecommunicatio Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Communications Equipment 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 Comtech Telecommunicatio. If investors know Comtech 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 Comtech Telecommunicatio 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
5.87
Earnings Share
(4.70)
Revenue Per Share
18.765
Quarterly Revenue Growth
(0.15)
Return On Assets
0.0008
The market value of Comtech Telecommunicatio is measured differently than its book value, which is the value of Comtech that is recorded on the company's balance sheet. Investors also form their own opinion of Comtech Telecommunicatio's value that differs from its market value or its book value, called intrinsic value, which is Comtech Telecommunicatio'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 Comtech Telecommunicatio's market value can be influenced by many factors that don't directly affect Comtech Telecommunicatio'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 Comtech Telecommunicatio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comtech Telecommunicatio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comtech Telecommunicatio'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.