Gates Change To Inventory from 2010 to 2024

GTES Stock  USD 21.02  0.19  0.91%   
Gates Industrial Change To Inventory yearly trend continues to be comparatively stable with very little volatility. Change To Inventory is likely to outpace its year average in 2024. Change To Inventory is the increase or decrease in the amount of inventory Gates Industrial has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2015-12-31
Previous Quarter
-29.1 M
Current Value
-18 M
Quarterly Volatility
26.7 M
 
Yuan Drop
 
Covid
Check Gates Industrial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gates Industrial's main balance sheet or income statement drivers, such as Tax Provision of 20.3 M, Depreciation And Amortization of 187.5 M or Interest Expense of 135.9 M, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 1.14. Gates financial statements analysis is a perfect complement when working with Gates Industrial Valuation or Volatility modules.
  
Check out the analysis of Gates Industrial Correlation against competitors.
For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.

Latest Gates Industrial's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Gates Industrial over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Gates Industrial's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gates Industrial's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Pretty Stable
   Change To Inventory   
       Timeline  

Gates Change To Inventory Regression Statistics

Arithmetic Mean1,935,000
Coefficient Of Variation4,094
Mean Deviation54,099,333
Median2,900,000
Standard Deviation79,222,887
Sample Variance6276.3T
Range319.4M
R-Value(0.14)
Mean Square Error6634.5T
R-Squared0.02
Significance0.63
Slope(2,404,732)
Total Sum of Squares87867.7T

Gates Change To Inventory History

202425.7 M
202324.5 M
20222.9 M
2021-192.4 M
2020-22.1 M
201965.1 M
2018-96.1 M

About Gates Industrial Financial Statements

Gates Industrial shareholders use historical fundamental indicators, such as Change To Inventory, to determine how well the company is positioned to perform in the future. Although Gates Industrial investors may analyze each financial statement separately, they are all interrelated. The changes in Gates Industrial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Gates Industrial'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
Change To Inventory24.5 M25.7 M

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Additional Tools for Gates Stock Analysis

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