Mesa Days Of Inventory On Hand from 2010 to 2024

MESA Stock  USD 1.03  0.05  4.63%   
Mesa Air's Days Of Inventory On Hand is increasing over the years with slightly volatile fluctuation. Days Of Inventory On Hand is expected to dwindle to 23.52. From 2010 to 2024 Mesa Air Days Of Inventory On Hand quarterly data regression line had arithmetic mean of  15.19 and r-squared of  0.48. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
25.42
Current Value
23.52
Quarterly Volatility
6.07554762
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mesa Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mesa Air's main balance sheet or income statement drivers, such as Depreciation And Amortization of 72.9 M, Interest Expense of 60.3 M or Total Revenue of 659.6 M, as well as many indicators such as Price To Sales Ratio of 0.0744, Dividend Yield of 0.0 or PTB Ratio of 0.19. Mesa financial statements analysis is a perfect complement when working with Mesa Air Valuation or Volatility modules.
  
Check out the analysis of Mesa Air Correlation against competitors.

Latest Mesa Air's Days Of Inventory On Hand Growth Pattern

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

Mesa Days Of Inventory On Hand Regression Statistics

Arithmetic Mean15.19
Geometric Mean14.08
Coefficient Of Variation39.98
Mean Deviation5.37
Median14.36
Standard Deviation6.08
Sample Variance36.91
Range16.3461
R-Value0.70
Mean Square Error20.53
R-Squared0.48
Significance0
Slope0.94
Total Sum of Squares516.77

Mesa Days Of Inventory On Hand History

2024 23.52
2023 25.42
2022 22.1
2021 19.6
2020 17.67
2019 16.89
2018 14.36

About Mesa Air Financial Statements

Mesa Air stakeholders use historical fundamental indicators, such as Mesa Air's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Mesa Air investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mesa Air's assets and liabilities are reflected in the revenues and expenses on Mesa Air's 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 Mesa Air Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 25.42  23.52 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Mesa Air Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Mesa Air's 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 Mesa Air Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mesa Air Group Stock:
Check out the analysis of Mesa Air Correlation against competitors.
You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Passenger Airlines 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 Mesa Air. If investors know Mesa 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 Mesa Air 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
0.136
Earnings Share
(2.30)
Revenue Per Share
11.589
Quarterly Revenue Growth
(0.03)
Return On Assets
(0.01)
The market value of Mesa Air Group is measured differently than its book value, which is the value of Mesa that is recorded on the company's balance sheet. Investors also form their own opinion of Mesa Air's value that differs from its market value or its book value, called intrinsic value, which is Mesa Air'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 Mesa Air's market value can be influenced by many factors that don't directly affect Mesa Air'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 Mesa Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mesa Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mesa Air'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.