InnovAge Inventory Turnover from 2010 to 2024

INNV Stock  USD 4.80  0.03  0.63%   
InnovAge Holding 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
-2.6 K
Current Value
-2.4 K
Quarterly Volatility
1.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check InnovAge Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among InnovAge Holding's main balance sheet or income statement drivers, such as Interest Expense of 5.4 M, Selling General Administrative of 65.7 M or Total Revenue of 422 M, as well as many indicators such as Price To Sales Ratio of 0.85, Dividend Yield of 0.0036 or PTB Ratio of 2.42. InnovAge financial statements analysis is a perfect complement when working with InnovAge Holding Valuation or Volatility modules.
  
Check out the analysis of InnovAge Holding Correlation against competitors.

Latest InnovAge Holding's Inventory Turnover Growth Pattern

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

InnovAge Inventory Turnover Regression Statistics

Arithmetic Mean(463.76)
Geometric Mean430.07
Coefficient Of Variation(257.84)
Mean Deviation1,020
Median231.27
Standard Deviation1,196
Sample Variance1.4M
Range2.8K
R-Value(0.77)
Mean Square Error620,476
R-Squared0.60
Significance0.0007
Slope(206.60)
Total Sum of Squares20M

InnovAge Inventory Turnover History

2024 -2446.86
2023 -2575.64
2021 -2239.69
2020 207.57
2019 256.4

About InnovAge Holding Financial Statements

InnovAge Holding investors use historical fundamental indicators, such as InnovAge Holding'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 InnovAge Holding. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover-2.6 K-2.4 K

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Additional Tools for InnovAge Stock Analysis

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