Genie Days Of Inventory On Hand from 2010 to 2024

GNE Stock  USD 15.26  0.24  1.55%   
Genie Energy's Days Of Inventory On Hand is increasing over the years with slightly volatile fluctuation. Days Of Inventory On Hand is expected to dwindle to 13.37. During the period from 2010 to 2024 Genie Energy Days Of Inventory On Hand annual values regression line had geometric mean of  14.51 and mean square error of  61.53. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
18.86099921
Current Value
13.37
Quarterly Volatility
9.37016422
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Genie Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Genie Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 439.9 K, Interest Expense of 94 K or Total Revenue of 309.7 M, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0117 or PTB Ratio of 2.61. Genie financial statements analysis is a perfect complement when working with Genie Energy Valuation or Volatility modules.
  
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.

Latest Genie Energy's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Genie Energy over the last few years. It is Genie Energy's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Genie Energy's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Genie Days Of Inventory On Hand Regression Statistics

Arithmetic Mean17.10
Geometric Mean14.51
Coefficient Of Variation54.80
Mean Deviation7.52
Median17.72
Standard Deviation9.37
Sample Variance87.80
Range29.9596
R-Value0.59
Mean Square Error61.53
R-Squared0.35
Significance0.02
Slope1.24
Total Sum of Squares1,229

Genie Days Of Inventory On Hand History

2024 13.37
2023 18.86
2022 35.68
2021 24.99
2020 21.94
2019 26.12
2018 17.72

About Genie Energy Financial Statements

Genie Energy stakeholders use historical fundamental indicators, such as Genie Energy's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Genie Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Genie Energy's assets and liabilities are reflected in the revenues and expenses on Genie Energy'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 Genie Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 18.86  13.37 

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When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genie Energy's future performance. For an informed investment choice regarding Genie Stock, refer to the following important reports:
Check out the analysis of Genie Energy Correlation against competitors.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Electric Utilities 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 Genie Energy. If investors know Genie 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 Genie Energy 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
(0.28)
Dividend Share
0.3
Earnings Share
0.08
Revenue Per Share
16.136
Quarterly Revenue Growth
(0.10)
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy'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 Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy'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 Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy'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.