Diodes Inventory Turnover from 2010 to 2024

DIOD Stock  USD 61.56  0.74  1.19%   
Diodes Incorporated's Inventory Turnover is decreasing over the years with very volatile fluctuation. Overall, Inventory Turnover is expected to go to 2.73 this year. 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
2.57471509
Current Value
2.73
Quarterly Volatility
0.38107237
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Diodes Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Diodes Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 144.2 M, Interest Expense of 4 M or Selling General Administrative of 286.9 M, as well as many indicators such as Price To Sales Ratio of 1.18, Dividend Yield of 5.0E-4 or PTB Ratio of 1.81. Diodes financial statements analysis is a perfect complement when working with Diodes Incorporated Valuation or Volatility modules.
  
Check out the analysis of Diodes Incorporated Correlation against competitors.
For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.

Latest Diodes Incorporated's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Diodes Incorporated 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. Diodes Incorporated's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Diodes Incorporated's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Very volatile
   Inventory Turnover   
       Timeline  

Diodes Inventory Turnover Regression Statistics

Arithmetic Mean3.06
Geometric Mean3.04
Coefficient Of Variation12.43
Mean Deviation0.30
Median3.22
Standard Deviation0.38
Sample Variance0.15
Range1.4146
R-Value(0.01)
Mean Square Error0.16
R-Squared0.0001
Significance0.97
Slope(0.0009)
Total Sum of Squares2.03

Diodes Inventory Turnover History

2024 2.73
2023 2.57
2021 3.26
2020 2.6
2019 3.31
2018 3.61
2017 3.22

About Diodes Incorporated Financial Statements

Diodes Incorporated stakeholders use historical fundamental indicators, such as Diodes Incorporated's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Diodes Incorporated investors may analyze each financial statement separately, they are all interrelated. For example, changes in Diodes Incorporated's assets and liabilities are reflected in the revenues and expenses on Diodes Incorporated's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Diodes Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 2.57  2.73 

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When determining whether Diodes Incorporated is a strong investment it is important to analyze Diodes Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Diodes Incorporated's future performance. For an informed investment choice regarding Diodes Stock, refer to the following important reports:
Check out the analysis of Diodes Incorporated Correlation against competitors.
For information on how to trade Diodes Stock refer to our How to Trade Diodes Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Diodes Incorporated. If investors know Diodes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Diodes Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.72)
Earnings Share
1.32
Revenue Per Share
28.075
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0155
The market value of Diodes Incorporated is measured differently than its book value, which is the value of Diodes that is recorded on the company's balance sheet. Investors also form their own opinion of Diodes Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Diodes Incorporated's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Diodes Incorporated's market value can be influenced by many factors that don't directly affect Diodes Incorporated's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Diodes Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Diodes Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Diodes Incorporated's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.