Innovative Inventory Turnover from 2010 to 2024

LUCYW Stock  USD 0.05  0.02  47.06%   
Innovative Eyewear Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 1.41 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
1.48444078
Current Value
1.41
Quarterly Volatility
7.12743973
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innovative Eyewear financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innovative Eyewear's main balance sheet or income statement drivers, such as Depreciation And Amortization of 62.3 K, Interest Expense of 2.9 K or Selling General Administrative of 4.3 M, as well as many indicators such as Price To Sales Ratio of 3.66, Dividend Yield of 0.0 or PTB Ratio of 0.76. Innovative financial statements analysis is a perfect complement when working with Innovative Eyewear Valuation or Volatility modules.
  
Check out the analysis of Innovative Eyewear Correlation against competitors.
For more information on how to buy Innovative Stock please use our How to Invest in Innovative Eyewear guide.

Latest Innovative Eyewear's Inventory Turnover Growth Pattern

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

Innovative Inventory Turnover Regression Statistics

Arithmetic Mean14.31
Geometric Mean10.64
Coefficient Of Variation49.81
Mean Deviation5.97
Median18.38
Standard Deviation7.13
Sample Variance50.80
Range16.9727
R-Value(0.76)
Mean Square Error22.96
R-Squared0.58
Significance0.001
Slope(1.21)
Total Sum of Squares711.21

Innovative Inventory Turnover History

2024 1.41
2023 1.48
2022 7.56
2021 1.97

About Innovative Eyewear Financial Statements

Innovative Eyewear investors use historical fundamental indicators, such as Innovative Eyewear'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 Innovative Eyewear. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 1.48  1.41 

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Additional Tools for Innovative Stock Analysis

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