Envirotech Inventory Turnover from 2010 to 2024

EVTV Stock  USD 1.46  0.02  1.35%   
Envirotech Vehicles Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 0.17 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
0.18332608
Current Value
0.17
Quarterly Volatility
8.21157541
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Envirotech Vehicles financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Envirotech Vehicles' main balance sheet or income statement drivers, such as Interest Expense of 5.3 B, Selling General Administrative of 6.9 M or Total Revenue of 5.1 M, as well as many indicators such as Price To Sales Ratio of 6.8, Dividend Yield of 0.0 or PTB Ratio of 1.04. Envirotech financial statements analysis is a perfect complement when working with Envirotech Vehicles Valuation or Volatility modules.
  
Check out the analysis of Envirotech Vehicles Correlation against competitors.
For more information on how to buy Envirotech Stock please use our How to Invest in Envirotech Vehicles guide.

Latest Envirotech Vehicles' Inventory Turnover Growth Pattern

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

Envirotech Inventory Turnover Regression Statistics

Arithmetic Mean3.43
Geometric Mean0.42
Coefficient Of Variation239.17
Mean Deviation5.39
Median0.17
Standard Deviation8.21
Sample Variance67.43
Range23.4755
R-Value0.14
Mean Square Error71.15
R-Squared0.02
Significance0.61
Slope0.26
Total Sum of Squares944.02

Envirotech Inventory Turnover History

2024 0.17
2023 0.18
2022 0.49
2021 0.33
2020 0.21
2018 23.63
2017 1.73

About Envirotech Vehicles Financial Statements

Envirotech Vehicles investors use historical fundamental indicators, such as Envirotech Vehicles' 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 Envirotech Vehicles. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 0.18  0.17 

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Additional Tools for Envirotech Stock Analysis

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