First Inventory Turnover from 2010 to 2024

FA Stock  USD 19.73  0.45  2.33%   
First Advantage's Inventory Turnover is increasing over the years with slightly volatile fluctuation. Inventory Turnover is expected to dwindle to 2,015. 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
2.6 K
Current Value
K
Quarterly Volatility
353.20074856
 
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Yuan Drop
 
Covid
Check First Advantage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Advantage's main balance sheet or income statement drivers, such as Depreciation And Amortization of 135.9 M, Interest Expense of 28.3 M or Total Revenue of 544.5 M, as well as many indicators such as Price To Sales Ratio of 2.97, Dividend Yield of 0.0862 or PTB Ratio of 2.5. First financial statements analysis is a perfect complement when working with First Advantage Valuation or Volatility modules.
  
Check out the analysis of First Advantage Correlation against competitors.

Latest First Advantage's Inventory Turnover Growth Pattern

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

First Inventory Turnover Regression Statistics

Arithmetic Mean2,148
Geometric Mean2,124
Coefficient Of Variation16.44
Mean Deviation286.14
Median1,947
Standard Deviation353.20
Sample Variance124,751
Range953
R-Value0.62
Mean Square Error83,089
R-Squared0.38
Significance0.01
Slope48.78
Total Sum of Squares1.7M

First Inventory Turnover History

2024 2015.22
2023 2610.18
2022 2900.2
2021 2379.53
2020 2849.37

About First Advantage Financial Statements

First Advantage stakeholders use historical fundamental indicators, such as First Advantage's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although First Advantage investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Advantage's assets and liabilities are reflected in the revenues and expenses on First Advantage'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 First Advantage Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover2.6 KK

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Check out the analysis of First Advantage Correlation against competitors.
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Is Human Resource & Employment Services 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 First Advantage. If investors know First 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 First Advantage 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
(0.85)
Earnings Share
0.03
Revenue Per Share
5.259
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0309
The market value of First Advantage Corp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Advantage's value that differs from its market value or its book value, called intrinsic value, which is First Advantage'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 First Advantage's market value can be influenced by many factors that don't directly affect First Advantage'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 First Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Advantage'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.