MGP Change To Inventory from 2010 to 2024

MGPI Stock  USD 39.49  0.78  1.94%   
MGP Ingredients' Change To Inventory is decreasing with slightly volatile movements from year to year. Change To Inventory is estimated to finish at about -44.6 M this year. Change To Inventory is the increase or decrease in the amount of inventory MGP Ingredients has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1989-09-30
Previous Quarter
-9.6 M
Current Value
-13.2 M
Quarterly Volatility
5.4 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check MGP Ingredients financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MGP Ingredients' main balance sheet or income statement drivers, such as Depreciation And Amortization of 13.2 M, Interest Expense of 7 M or Total Revenue of 878.3 M, as well as many indicators such as Price To Sales Ratio of 2.73, Dividend Yield of 0.008 or PTB Ratio of 1.77. MGP financial statements analysis is a perfect complement when working with MGP Ingredients Valuation or Volatility modules.
  
Check out the analysis of MGP Ingredients Correlation against competitors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.

Latest MGP Ingredients' Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of MGP Ingredients over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. MGP Ingredients' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MGP Ingredients' overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

MGP Change To Inventory Regression Statistics

Arithmetic Mean(17,294,530)
Geometric Mean7,495,428
Coefficient Of Variation(99.59)
Mean Deviation13,947,569
Median(14,291,000)
Standard Deviation17,223,443
Sample Variance296.6T
Range48.5M
R-Value(0.81)
Mean Square Error111.3T
R-Squared0.65
Significance0.0003
Slope(3,109,188)
Total Sum of Squares4153.1T

MGP Change To Inventory History

2024-44.6 M
2023-46.9 M
2022-44.4 M
2021-14.2 M
2020-3.9 M
2019-28.2 M
2018-15.6 M

About MGP Ingredients Financial Statements

Investors use fundamental indicators, such as MGP Ingredients' Change To Inventory, to determine how well the company is positioned to perform in the future. Although MGP Ingredients' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change To Inventory-46.9 M-44.6 M

Currently Active Assets on Macroaxis

When determining whether MGP Ingredients offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MGP Ingredients' 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 Mgp Ingredients Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mgp Ingredients Stock:
Check out the analysis of MGP Ingredients Correlation against competitors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Distillers & Vintners 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 MGP Ingredients. If investors know MGP 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 MGP Ingredients 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
0.845
Dividend Share
0.48
Earnings Share
4.82
Revenue Per Share
33.38
Quarterly Revenue Growth
(0.24)
The market value of MGP Ingredients is measured differently than its book value, which is the value of MGP that is recorded on the company's balance sheet. Investors also form their own opinion of MGP Ingredients' value that differs from its market value or its book value, called intrinsic value, which is MGP Ingredients' 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 MGP Ingredients' market value can be influenced by many factors that don't directly affect MGP Ingredients' 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 MGP Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGP Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGP Ingredients' 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.