Neo Change To Inventory from 2010 to 2024

NCI Stock  USD 0.55  0.01  1.79%   
Neo Concept's Change To Inventory is increasing with slightly volatile movements from year to year. Change To Inventory is predicted to flatten to about -4.3 M. Change To Inventory is the increase or decrease in the amount of inventory Neo Concept International Group has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2004-03-31
Previous Quarter
-263.6 M
Current Value
-198.3 M
Quarterly Volatility
71.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Neo Concept financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Neo Concept's main balance sheet or income statement drivers, such as Interest Expense of 5.3 M, Selling General Administrative of 17.3 M or Total Revenue of 165.5 M, as well as many indicators such as Price To Sales Ratio of 8.94, Dividend Yield of 0.0014 or Days Sales Outstanding of 90.0. Neo financial statements analysis is a perfect complement when working with Neo Concept Valuation or Volatility modules.
  
Check out the analysis of Neo Concept Correlation against competitors.

Latest Neo Concept's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Neo Concept International Group over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Neo Concept's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Neo Concept's 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  

Neo Change To Inventory Regression Statistics

Arithmetic Mean(43,156,550)
Geometric Mean11,855,443
Coefficient Of Variation(112.82)
Mean Deviation38,824,554
Median(40,355,000)
Standard Deviation48,689,875
Sample Variance2370.7T
Range153.4M
R-Value0.37
Mean Square Error2205.1T
R-Squared0.14
Significance0.18
Slope4,019,505
Total Sum of Squares33189.9T

Neo Change To Inventory History

2024-4.3 M
2023-4.1 M
2022-619.9 K
2021646.3 K
2019-851.3 K
2018-152.7 M
2017-114.1 M

About Neo Concept Financial Statements

Investors use fundamental indicators, such as Neo Concept's Change To Inventory, to determine how well the company is positioned to perform in the future. Although Neo Concept's 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-4.1 M-4.3 M

Currently Active Assets on Macroaxis

When determining whether Neo Concept Internat offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Neo Concept'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 Neo Concept International Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Neo Concept International Group Stock:
Check out the analysis of Neo Concept Correlation against competitors.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Research & Consulting 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 Neo Concept. If investors know Neo 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 Neo Concept 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
2.523
Earnings Share
0.03
Revenue Per Share
9.678
Quarterly Revenue Growth
(0.38)
Return On Assets
0.0854
The market value of Neo Concept Internat is measured differently than its book value, which is the value of Neo that is recorded on the company's balance sheet. Investors also form their own opinion of Neo Concept's value that differs from its market value or its book value, called intrinsic value, which is Neo Concept'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 Neo Concept's market value can be influenced by many factors that don't directly affect Neo Concept'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 Neo Concept's value and its price as these two are different measures arrived at by different means. Investors typically determine if Neo Concept is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Neo Concept'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.