CTS Days Of Inventory On Hand from 2010 to 2024

CTS Stock  USD 54.91  0.58  1.07%   
CTS Days Of Inventory On Hand yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory On Hand is likely to outpace its year average in 2024. From the period from 2010 to 2024, CTS Days Of Inventory On Hand quarterly data regression had r-value of (0.11) and coefficient of variation of  27.59. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
60.93873674
Current Value
66.45
Quarterly Volatility
15.31213665
 
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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 Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of CTS Corporation over the last few years. It is CTS's Days Of Inventory On Hand 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.
Days Of Inventory On Hand10 Years Trend
Pretty Stable
   Days Of Inventory On Hand   
       Timeline  

CTS Days Of Inventory On Hand Regression Statistics

Arithmetic Mean55.51
Geometric Mean53.67
Coefficient Of Variation27.59
Mean Deviation11.51
Median55.04
Standard Deviation15.31
Sample Variance234.46
Range59.2028
R-Value(0.11)
Mean Square Error249.36
R-Squared0.01
Significance0.69
Slope(0.38)
Total Sum of Squares3,282

CTS Days Of Inventory On Hand History

2024 66.45
2023 60.94
2022 60.39
2021 55.04
2020 58.75
2019 49.5
2018 51.95

About CTS Financial Statements

CTS shareholders use historical fundamental indicators, such as Days Of Inventory On Hand, 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
Days Of Inventory On Hand 60.94  66.45 

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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.