Daktronics Inventory Turnover from 2010 to 2024

DAKT Stock  USD 15.40  0.38  2.53%   
Daktronics Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 3.68 in 2024. 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
4.31598168
Current Value
3.67784541
Quarterly Volatility
0.35510907
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Daktronics Correlation against competitors.
For more information on how to buy Daktronics Stock please use our How to Invest in Daktronics guide.

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 Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

Daktronics Inventory Turnover Regression Statistics

Arithmetic Mean4.67
Geometric Mean4.66
Coefficient Of Variation7.60
Mean Deviation0.28
Median4.86
Standard Deviation0.36
Sample Variance0.13
Range1.1927
R-Value(0.74)
Mean Square Error0.06
R-Squared0.55
Significance0
Slope(0.06)
Total Sum of Squares1.77

Daktronics Inventory Turnover History

2024 3.68
2021 4.32
2011 4.86
2010 4.87

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 ReportedProjected 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.