ServiceNow Days Of Inventory Outstanding from 2010 to 2024

NOW Stock  USD 1,091  16.38  1.52%   
ServiceNow Days Of Inventory Outstanding yearly trend continues to be fairly stable with very little volatility. Days Of Inventory Outstanding will likely drop to 60.30 in 2024. During the period from 2010 to 2024, ServiceNow Days Of Inventory Outstanding regression line of quarterly data had mean square error of  99.55 and geometric mean of  70.54. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
77.06
Current Value
60.3
Quarterly Volatility
11.94366411
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ServiceNow financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ServiceNow's main balance sheet or income statement drivers, such as Depreciation And Amortization of 552.3 M, Interest Expense of 21 M or Selling General Administrative of 906.1 M, as well as many indicators such as Price To Sales Ratio of 15.27, Dividend Yield of 1.0E-4 or PTB Ratio of 16.34. ServiceNow financial statements analysis is a perfect complement when working with ServiceNow Valuation or Volatility modules.
  
Check out the analysis of ServiceNow Correlation against competitors.
For more information on how to buy ServiceNow Stock please use our How to Invest in ServiceNow guide.

Latest ServiceNow's Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of ServiceNow over the last few years. It is ServiceNow's Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ServiceNow's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory Outstanding10 Years Trend
Slightly volatile
   Days Of Inventory Outstanding   
       Timeline  

ServiceNow Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean71.50
Geometric Mean70.54
Coefficient Of Variation16.70
Mean Deviation10.55
Median73.17
Standard Deviation11.94
Sample Variance142.65
Range31.8011
R-Value0.59
Mean Square Error99.55
R-Squared0.35
Significance0.02
Slope1.58
Total Sum of Squares1,997

ServiceNow Days Of Inventory Outstanding History

2024 60.3
2023 77.06
2022 85.62
2021 81.74
2020 84.65
2019 80.2
2018 82.0

About ServiceNow Financial Statements

ServiceNow investors use historical fundamental indicators, such as ServiceNow's Days Of Inventory Outstanding, 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 ServiceNow. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 77.06  60.30 

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Additional Tools for ServiceNow Stock Analysis

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