Daktronics Inventory Turnover from 2010 to 2024
DAKT Stock | USD 15.40 0.38 2.53% |
Inventory Turnover | First Reported 2010-12-31 | Previous Quarter 4.31598168 | Current Value 3.67784541 | Quarterly Volatility 0.35510907 |
Check Daktronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Daktronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.9 M, Interest Expense of 5.2 M or Selling General Administrative of 25.3 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0265 or PTB Ratio of 0.79. Daktronics financial statements analysis is a perfect complement when working with Daktronics Valuation or Volatility modules.
Daktronics | Inventory Turnover |
Latest Daktronics' Inventory Turnover Growth Pattern
Below is the plot of the Inventory Turnover of Daktronics 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. Daktronics' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Daktronics' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover | 10 Years Trend |
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Inventory Turnover |
Timeline |
Daktronics Inventory Turnover Regression Statistics
Arithmetic Mean | 4.67 | |
Geometric Mean | 4.66 | |
Coefficient Of Variation | 7.60 | |
Mean Deviation | 0.28 | |
Median | 4.86 | |
Standard Deviation | 0.36 | |
Sample Variance | 0.13 | |
Range | 1.1927 | |
R-Value | (0.74) | |
Mean Square Error | 0.06 | |
R-Squared | 0.55 | |
Significance | 0 | |
Slope | (0.06) | |
Total Sum of Squares | 1.77 |
Daktronics Inventory Turnover History
About Daktronics Financial Statements
Daktronics shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Daktronics investors may analyze each financial statement separately, they are all interrelated. The changes in Daktronics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Daktronics' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Inventory Turnover | 4.32 | 3.68 |
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Additional Tools for Daktronics Stock Analysis
When running Daktronics' price analysis, check to measure Daktronics' 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 Daktronics is operating at the current time. Most of Daktronics' value examination focuses on studying past and present price action to predict the probability of Daktronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Daktronics' price. Additionally, you may evaluate how the addition of Daktronics to your portfolios can decrease your overall portfolio volatility.