Glory Inventory Turnover from 2010 to 2024

GSMGW Stock  USD 0  0.0001  6.67%   
Glory Star Inventory Turnover yearly trend continues to be fairly 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
(25.55)
Current Value
(24.27)
Quarterly Volatility
13.37928783
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Glory Star financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Glory Star's main balance sheet or income statement drivers, such as Tax Provision of 58 K, Net Interest Income of 3.1 K or Depreciation And Amortization of 4.4 M, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0 or PTB Ratio of 0.29. Glory financial statements analysis is a perfect complement when working with Glory Star Valuation or Volatility modules.
  
Check out the analysis of Glory Star Correlation against competitors.

Latest Glory Star's Inventory Turnover Growth Pattern

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

Glory Inventory Turnover Regression Statistics

Arithmetic Mean(5.65)
Coefficient Of Variation(236.81)
Mean Deviation11.76
Median1.46
Standard Deviation13.38
Sample Variance179.01
Range40.2781
R-Value(0.71)
Mean Square Error95.21
R-Squared0.51
Significance0
Slope(2.13)
Total Sum of Squares2,506

Glory Inventory Turnover History

2024 -24.27
2023 -25.55
2020 -22.22
2019 14.73
2018 5.31

About Glory Star Financial Statements

Glory Star investors use historical fundamental indicators, such as Glory Star's 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 Glory Star. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover(25.55)(24.27)

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Additional Tools for Glory Stock Analysis

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