CTS Change To Inventory from 2010 to 2024

CTS Stock  USD 54.91  0.58  1.07%   
CTS Change To Inventory yearly trend continues to be comparatively stable with very little volatility. Change To Inventory is likely to outpace its year average in 2024. Change To Inventory is the increase or decrease in the amount of inventory CTS Corporation has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1990-03-31
Previous Quarter
M
Current Value
3.7 M
Quarterly Volatility
4.8 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CTS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CTS's main balance sheet or income statement drivers, such as Depreciation And Amortization of 24.5 M, Interest Expense of 3.5 M or Selling General Administrative of 67.3 M, as well as many indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0035 or PTB Ratio of 1.63. CTS financial statements analysis is a perfect complement when working with CTS Valuation or Volatility modules.
  
Check out the analysis of CTS Correlation against competitors.

Latest CTS's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of CTS Corporation over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. CTS's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CTS's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Very volatile
   Change To Inventory   
       Timeline  

CTS Change To Inventory Regression Statistics

Arithmetic Mean(841,823)
Coefficient Of Variation(914.41)
Mean Deviation5,299,365
Median(578,000)
Standard Deviation7,697,684
Sample Variance59.3T
Range35M
R-Value(0.05)
Mean Square Error63.7T
R-Squared0
Significance0.86
Slope(84,059)
Total Sum of Squares829.6T

CTS Change To Inventory History

20242.5 M
20232.4 M
2022-8.2 M
2021-3.6 M
2020-578 K
20194.4 M
2018-7.5 M

About CTS Financial Statements

CTS shareholders use historical fundamental indicators, such as Change To Inventory, to determine how well the company is positioned to perform in the future. Although CTS investors may analyze each financial statement separately, they are all interrelated. The changes in CTS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CTS's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Inventory2.4 M2.5 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for CTS Stock Analysis

When running CTS's price analysis, check to measure CTS'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 CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.