Standard Days Of Inventory On Hand from 2010 to 2024

LAB Stock  USD 2.02  0.09  4.66%   
Standard Biotools' Days Of Inventory On Hand is decreasing over the years with slightly volatile fluctuation. Overall, Days Of Inventory On Hand is expected to go to 197.10 this year. From 2010 to 2024 Standard Biotools Days Of Inventory On Hand quarterly data regression line had arithmetic mean of  155.57 and r-squared of  0.21. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
134.09456074
Current Value
197.1
Quarterly Volatility
73.09603119
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Standard Biotools financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Standard Biotools' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.8 M, Interest Expense of 4.5 M or Total Revenue of 85.3 M, as well as many indicators such as Price To Sales Ratio of 1.56, Dividend Yield of 0.0 or PTB Ratio of 2.08. Standard financial statements analysis is a perfect complement when working with Standard Biotools Valuation or Volatility modules.
  
Check out the analysis of Standard Biotools Correlation against competitors.
For information on how to trade Standard Stock refer to our How to Trade Standard Stock guide.

Latest Standard Biotools' Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Standard Biotools over the last few years. It is Standard Biotools' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Standard Biotools' 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  

Standard Days Of Inventory On Hand Regression Statistics

Arithmetic Mean155.57
Geometric Mean145.43
Coefficient Of Variation46.98
Mean Deviation41.95
Median136.22
Standard Deviation73.10
Sample Variance5,343
Range307
R-Value(0.46)
Mean Square Error4,561
R-Squared0.21
Significance0.09
Slope(7.44)
Total Sum of Squares74,802

Standard Days Of Inventory On Hand History

2024 197.1
2023 134.09
2022 128.7
2021 124.19
2020 131.1
2019 95.68
2018 92.49

About Standard Biotools Financial Statements

Standard Biotools stakeholders use historical fundamental indicators, such as Standard Biotools' Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Standard Biotools investors may analyze each financial statement separately, they are all interrelated. For example, changes in Standard Biotools' assets and liabilities are reflected in the revenues and expenses on Standard Biotools' 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 Standard Biotools. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 134.09  197.10 

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When determining whether Standard Biotools offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Standard Biotools' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Standard Biotools Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Standard Biotools Stock:
Check out the analysis of Standard Biotools Correlation against competitors.
For information on how to trade Standard Stock refer to our How to Trade Standard Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Life Sciences Tools & Services 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 Standard Biotools. If investors know Standard 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 Standard Biotools listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.69)
Revenue Per Share
0.558
Quarterly Revenue Growth
(0.14)
Return On Assets
(0.15)
Return On Equity
(0.37)
The market value of Standard Biotools is measured differently than its book value, which is the value of Standard that is recorded on the company's balance sheet. Investors also form their own opinion of Standard Biotools' value that differs from its market value or its book value, called intrinsic value, which is Standard Biotools' 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 Standard Biotools' market value can be influenced by many factors that don't directly affect Standard Biotools' 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 Standard Biotools' value and its price as these two are different measures arrived at by different means. Investors typically determine if Standard Biotools is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standard Biotools' 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.