McKesson Inventory Turnover from 2010 to 2024

MCK Stock  USD 628.50  2.12  0.34%   
McKesson Inventory Turnover yearly trend continues to be quite stable with very little volatility. The value of Inventory Turnover is projected to decrease to 8.43. 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
14.0199158
Current Value
8.43
Quarterly Volatility
1.71206346
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check McKesson financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among McKesson's main balance sheet or income statement drivers, such as Depreciation And Amortization of 394.6 M, Interest Expense of 178.7 M or Selling General Administrative of 6.1 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0042 or Days Sales Outstanding of 22.93. McKesson financial statements analysis is a perfect complement when working with McKesson Valuation or Volatility modules.
  
Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.

Latest McKesson's Inventory Turnover Growth Pattern

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

McKesson Inventory Turnover Regression Statistics

Arithmetic Mean11.64
Geometric Mean11.51
Coefficient Of Variation14.71
Mean Deviation1.22
Median11.75
Standard Deviation1.71
Sample Variance2.93
Range5.8254
R-Value0.42
Mean Square Error2.59
R-Squared0.18
Significance0.12
Slope0.16
Total Sum of Squares41.04

McKesson Inventory Turnover History

2024 8.43
2023 14.02
2022 13.43
2021 13.41
2020 11.75
2019 13.09
2018 12.12

About McKesson Financial Statements

McKesson investors utilize fundamental indicators, such as Inventory Turnover, to predict how McKesson 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
Inventory Turnover 14.02  8.43 

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When determining whether McKesson is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if McKesson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Mckesson Stock. Highlighted below are key reports to facilitate an investment decision about Mckesson Stock:
Check out the analysis of McKesson Correlation against competitors.
For more information on how to buy McKesson Stock please use our How to buy in McKesson Stock guide.
You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Health Care Providers & 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 McKesson. If investors know McKesson 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 McKesson listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.62)
Dividend Share
2.57
Earnings Share
19.36
Revenue Per Share
2.5 K
Quarterly Revenue Growth
0.213
The market value of McKesson is measured differently than its book value, which is the value of McKesson that is recorded on the company's balance sheet. Investors also form their own opinion of McKesson's value that differs from its market value or its book value, called intrinsic value, which is McKesson'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 McKesson's market value can be influenced by many factors that don't directly affect McKesson'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 McKesson's value and its price as these two are different measures arrived at by different means. Investors typically determine if McKesson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McKesson'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.