Local Days Of Inventory Outstanding from 2010 to 2024

LOCL Stock  USD 1.75  0.01  0.57%   
Local Bounti Days Of Inventory Outstanding yearly trend continues to be quite stable with very little volatility. The value of Days Of Inventory Outstanding is projected to decrease to 57.61. From the period between 2010 and 2024, Local Bounti, Days Of Inventory Outstanding regression line of its data series had standard deviation of  373.38 and standard deviation of  373.38. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
60.6388856
Current Value
57.61
Quarterly Volatility
373.38169165
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Local Bounti financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Local Bounti's main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.8 M, Interest Expense of 27 M or Other Operating Expenses of 151.7 M, as well as many indicators such as Price To Sales Ratio of 0.57, Dividend Yield of 0.0393 or PTB Ratio of 1.13. Local financial statements analysis is a perfect complement when working with Local Bounti Valuation or Volatility modules.
  
Check out the analysis of Local Bounti Correlation against competitors.

Latest Local Bounti's Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Local Bounti Corp over the last few years. It is Local Bounti's Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Local Bounti's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory Outstanding10 Years Trend
Slightly volatile
   Days Of Inventory Outstanding   
       Timeline  

Local Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean779.64
Geometric Mean557.45
Coefficient Of Variation47.89
Mean Deviation286.04
Median974.67
Standard Deviation373.38
Sample Variance139,414
Range917
R-Value(0.73)
Mean Square Error69,056
R-Squared0.54
Significance0
Slope(61.36)
Total Sum of Squares2M

Local Days Of Inventory Outstanding History

2024 57.61
2023 60.64
2022 76.01
2021 779.0

About Local Bounti Financial Statements

Local Bounti investors utilize fundamental indicators, such as Days Of Inventory Outstanding, to predict how Local Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 60.64  57.61 

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When determining whether Local Bounti Corp is a strong investment it is important to analyze Local Bounti's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Local Bounti's future performance. For an informed investment choice regarding Local Stock, refer to the following important reports:
Check out the analysis of Local Bounti Correlation against competitors.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Packaged Foods & Meats 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 Local Bounti. If investors know Local 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 Local Bounti listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(18.11)
Revenue Per Share
3.835
Quarterly Revenue Growth
0.315
Return On Assets
(0.1)
Return On Equity
(4.25)
The market value of Local Bounti Corp is measured differently than its book value, which is the value of Local that is recorded on the company's balance sheet. Investors also form their own opinion of Local Bounti's value that differs from its market value or its book value, called intrinsic value, which is Local Bounti's 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 Local Bounti's market value can be influenced by many factors that don't directly affect Local Bounti's 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 Local Bounti's value and its price as these two are different measures arrived at by different means. Investors typically determine if Local Bounti is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Local Bounti's 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.