Sunrise Inventory Turnover from 2010 to 2024

EPOW Stock  USD 1.06  0.33  45.21%   
Sunrise New Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 3.44 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
3.62631295
Current Value
3.44
Quarterly Volatility
37.51815985
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sunrise New financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sunrise New's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 29.6 K or Selling General Administrative of 6.8 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0 or PTB Ratio of 11.36. Sunrise financial statements analysis is a perfect complement when working with Sunrise New Valuation or Volatility modules.
  
Check out the analysis of Sunrise New Correlation against competitors.

Latest Sunrise New's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Sunrise New Energy 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. Sunrise New's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sunrise New'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  

Sunrise Inventory Turnover Regression Statistics

Arithmetic Mean40.53
Geometric Mean11.83
Coefficient Of Variation92.56
Mean Deviation36.16
Median74.43
Standard Deviation37.52
Sample Variance1,408
Range73.7898
R-Value(0.86)
Mean Square Error396.36
R-Squared0.74
Significance0.00004
Slope(7.21)
Total Sum of Squares19,707

Sunrise Inventory Turnover History

2024 3.44
2023 3.63
2022 1.87
2021 1.25
2020 1.1
2018 0.64

About Sunrise New Financial Statements

Sunrise New investors use historical fundamental indicators, such as Sunrise New'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 Sunrise New. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 3.63  3.44 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Sunrise Stock Analysis

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