ModivCare Inventory Turnover from 2010 to 2024

MODV Stock  USD 18.79  0.85  4.74%   
ModivCare Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 1,088 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
1.1 K
Current Value
1.1 K
Quarterly Volatility
2.2 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ModivCare financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ModivCare's main balance sheet or income statement drivers, such as Interest Expense of 72.6 M, Selling General Administrative of 289.3 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0527 or PTB Ratio of 3.79. ModivCare financial statements analysis is a perfect complement when working with ModivCare Valuation or Volatility modules.
  
Check out the analysis of ModivCare Correlation against competitors.
For more information on how to buy ModivCare Stock please use our How to Invest in ModivCare guide.

Latest ModivCare's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of ModivCare 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. ModivCare's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ModivCare's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Pretty Stable
   Inventory Turnover   
       Timeline  

ModivCare Inventory Turnover Regression Statistics

Arithmetic Mean1,098
Geometric Mean364.97
Coefficient Of Variation204.91
Mean Deviation1,109
Median435.87
Standard Deviation2,249
Sample Variance5.1M
Range9K
R-Value0.28
Mean Square Error5M
R-Squared0.08
Significance0.31
Slope142.51
Total Sum of Squares70.8M

ModivCare Inventory Turnover History

2024 1087.72
2023 1144.97
2022 995.63
2021 1086.62
2020 1423.21
2019 9039.69
2018 182.19

About ModivCare Financial Statements

ModivCare investors use historical fundamental indicators, such as ModivCare'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 ModivCare. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover1.1 K1.1 K

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Additional Tools for ModivCare Stock Analysis

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