Edible Inventory Turnover from 2010 to 2024

EDBLW Stock  USD 0.01  0.0001  0.79%   
Edible Garden Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 16.01 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
19.50884956
Current Value
16.01
Quarterly Volatility
6.94391941
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Edible Garden financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edible Garden's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Selling General Administrative of 7.7 M or Selling And Marketing Expenses of 95.6 K, as well as many indicators such as Price To Sales Ratio of 0.12, Dividend Yield of 0.0019 or Days Sales Outstanding of 34.64. Edible financial statements analysis is a perfect complement when working with Edible Garden Valuation or Volatility modules.
  
Check out the analysis of Edible Garden Correlation against competitors.

Latest Edible Garden's Inventory Turnover Growth Pattern

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

Edible Inventory Turnover Regression Statistics

Arithmetic Mean12.74
Geometric Mean11.36
Coefficient Of Variation54.51
Mean Deviation5.87
Median8.33
Standard Deviation6.94
Sample Variance48.22
Range19.0541
R-Value0.70
Mean Square Error26.69
R-Squared0.49
Significance0
Slope1.08
Total Sum of Squares675.05

Edible Inventory Turnover History

2024 16.01
2023 19.51
2022 19.09
2021 27.39
2020 25.75

About Edible Garden Financial Statements

Edible Garden investors use historical fundamental indicators, such as Edible Garden's Inventory Turnover, 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 Edible Garden. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 19.51  16.01 

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Additional Tools for Edible Stock Analysis

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