Innovex Inventory Turnover from 2010 to 2025

INVX Stock   13.97  0.16  1.16%   
Innovex International, Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover is projected to decline to 1.15 this year. 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
1.58612078
Current Value
1.15
Quarterly Volatility
0.37587271
 
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Check Innovex International, financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovex International,'s main balance sheet or income statement drivers, such as Depreciation And Amortization of 27.1 M, Interest Expense of 4.9 M or Total Revenue of 419.1 M, as well as many indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0 or PTB Ratio of 1.06. Innovex financial statements analysis is a perfect complement when working with Innovex International, Valuation or Volatility modules.
  
Check out the analysis of Innovex International, Correlation against competitors.
For more information on how to buy Innovex Stock please use our How to Invest in Innovex International, guide.

Latest Innovex International,'s Inventory Turnover Growth Pattern

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

Innovex Inventory Turnover Regression Statistics

Arithmetic Mean1.42
Geometric Mean1.38
Coefficient Of Variation26.44
Mean Deviation0.25
Median1.33
Standard Deviation0.38
Sample Variance0.14
Range1.3447
R-Value0.39
Mean Square Error0.13
R-Squared0.15
Significance0.15
Slope0.03
Total Sum of Squares1.98

Innovex Inventory Turnover History

2024 1.15
2023 1.59
2022 2.27
2021 2.25
2020 1.27
2019 1.44
2018 1.42

About Innovex International, Financial Statements

Innovex International, investors use historical fundamental indicators, such as Innovex International,'s Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can