Guardant Inventory from 2010 to 2025

GH Stock  USD 46.10  1.38  3.09%   
Guardant Health's Inventory is increasing with slightly volatile movements from year to year. Inventory is estimated to finish at about 74.6 M this year. For the period between 2010 and 2025, Guardant Health, Inventory quarterly trend regression had mean deviation of  22,037,708 and range of 71.9 M. View All Fundamentals
 
Inventory  
First Reported
2016-12-31
Previous Quarter
72.3 M
Current Value
71.1 M
Quarterly Volatility
24.1 M
 
Covid
Check Guardant Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guardant Health's main balance sheet or income statement drivers, such as Tax Provision of 1.3 M, Net Interest Income of 53.7 M or Interest Income of 56.4 M, as well as many indicators such as Price To Sales Ratio of 4.82, Dividend Yield of 0.0022 or Days Sales Outstanding of 88.45. Guardant financial statements analysis is a perfect complement when working with Guardant Health Valuation or Volatility modules.
  
Check out the analysis of Guardant Health Correlation against competitors.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.

Latest Guardant Health's Inventory Growth Pattern

Below is the plot of the Inventory of Guardant Health over the last few years. It is Guardant Health's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Guardant Health's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Guardant Inventory Regression Statistics

Arithmetic Mean22,727,697
Geometric Mean10,252,607
Coefficient Of Variation117.71
Mean Deviation22,037,708
Median9,136,000
Standard Deviation26,753,500
Sample Variance715.7T
Range71.9M
R-Value0.89
Mean Square Error163.1T
R-Squared0.79
Slope4,986,308
Total Sum of Squares10736.2T

Guardant Inventory History

202574.6 M
202471.1 M
202361.9 M
202251.6 M
202130.7 M
202022.7 M
201915.2 M

Other Fundumenentals of Guardant Health

About Guardant Health Financial Statements

Investors use fundamental indicators, such as Guardant Health's Inventory, to determine how well the company is positioned to perform in the future. Although Guardant Health's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Inventory71.1 M74.6 M
Change To Inventory-9.1 M-9.6 M
Inventory Turnover 4.08  4.96 
Days Of Inventory On Hand 89.53  68.94 
Days Of Inventory Outstanding 89.53  68.94 

Currently Active Assets on Macroaxis

Check out the analysis of Guardant Health Correlation against competitors.
For more detail on how to invest in Guardant Stock please use our How to Invest in Guardant Health guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Health Care Providers & 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 Guardant Health. If investors know Guardant 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 Guardant Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.56)
Revenue Per Share
6.021
Quarterly Revenue Growth
0.302
Return On Assets
(0.17)
Return On Equity
(45.84)
The market value of Guardant Health is measured differently than its book value, which is the value of Guardant that is recorded on the company's balance sheet. Investors also form their own opinion of Guardant Health's value that differs from its market value or its book value, called intrinsic value, which is Guardant Health'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 Guardant Health's market value can be influenced by many factors that don't directly affect Guardant Health'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 Guardant Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guardant Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guardant Health'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.