Globus Inventory Turnover from 2010 to 2024

GLBS Stock  USD 1.26  0.08  5.97%   
Globus Maritime Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover is likely to outpace its year average 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
24.60748408
Current Value
30.53
Quarterly Volatility
11.51040032
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globus Maritime financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globus Maritime's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7 M, Interest Expense of 2.6 M or Selling General Administrative of 2.4 M, as well as many indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0011 or PTB Ratio of 0.29. Globus financial statements analysis is a perfect complement when working with Globus Maritime Valuation or Volatility modules.
  
Check out the analysis of Globus Maritime Correlation against competitors.
For more information on how to buy Globus Stock please use our How to Invest in Globus Maritime guide.

Latest Globus Maritime's Inventory Turnover Growth Pattern

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

Globus Inventory Turnover Regression Statistics

Arithmetic Mean27.88
Geometric Mean25.36
Coefficient Of Variation41.29
Mean Deviation8.97
Median25.97
Standard Deviation11.51
Sample Variance132.49
Range36.297
R-Value(0.51)
Mean Square Error106.20
R-Squared0.26
Significance0.05
Slope(1.30)
Total Sum of Squares1,855

Globus Inventory Turnover History

2024 30.53
2023 24.61
2022 11.11
2021 25.35
2020 11.86
2019 11.27
2018 25.97

About Globus Maritime Financial Statements

Globus Maritime shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Globus Maritime investors may analyze each financial statement separately, they are all interrelated. The changes in Globus Maritime's assets and liabilities, for example, are also reflected in the revenues and expenses on on Globus Maritime's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 24.61  30.53 

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Additional Tools for Globus Stock Analysis

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