Digital Average Inventory from 2010 to 2024

DBGIW Stock  USD 12.21  4.39  26.45%   
Digital Brands Average Inventory yearly trend continues to be fairly stable with very little volatility. Average Inventory is likely to outpace its year average in 2024. Average Inventory is the average amount of inventory Digital Brands Group holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
1.8 M
Current Value
1.9 M
Quarterly Volatility
695.5 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digital Brands financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital Brands' main balance sheet or income statement drivers, such as Tax Provision of 386.4 K, Depreciation And Amortization of 3.4 M or Interest Expense of 4.5 M, as well as many indicators such as Price To Sales Ratio of 0.0884, Dividend Yield of 0.0 or PTB Ratio of 0.91. Digital financial statements analysis is a perfect complement when working with Digital Brands Valuation or Volatility modules.
  
Check out the analysis of Digital Brands Correlation against competitors.

Latest Digital Brands' Average Inventory Growth Pattern

Below is the plot of the Average Inventory of Digital Brands Group over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. Digital Brands' Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Digital Brands' overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Digital Average Inventory Regression Statistics

Arithmetic Mean1,036,316
Geometric Mean798,332
Coefficient Of Variation67.11
Mean Deviation596,574
Median912,710
Standard Deviation695,473
Sample Variance483.7B
Range1.6M
R-Value0.93
Mean Square Error69.1B
R-Squared0.87
Slope144,831
Total Sum of Squares6.8T

Digital Average Inventory History

20241.9 M
20231.8 M
2020M
20191.1 M
20181.1 M
2016912.7 K

About Digital Brands Financial Statements

Digital Brands investors use historical fundamental indicators, such as Digital Brands' Average Inventory, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Digital Brands. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory1.8 M1.9 M

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Additional Tools for Digital Stock Analysis

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