NexGel Inventory Turnover from 2010 to 2024

NXGLW Stock  USD 0.80  0.10  11.11%   
NexGel Warrant Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 2.50 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
2.63078089
Current Value
2.5
Quarterly Volatility
5.84773147
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NexGel Warrant financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NexGel Warrant's main balance sheet or income statement drivers, such as Depreciation And Amortization of 266.2 K, Total Revenue of 2.1 M or Gross Profit of 650 K, as well as many indicators such as Price To Sales Ratio of 2.81, Dividend Yield of 0.0 or PTB Ratio of 2.44. NexGel financial statements analysis is a perfect complement when working with NexGel Warrant Valuation or Volatility modules.
  
Check out the analysis of NexGel Warrant Correlation against competitors.
For more information on how to buy NexGel Stock please use our How to Invest in NexGel Warrant guide.

Latest NexGel Warrant's Inventory Turnover Growth Pattern

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

NexGel Inventory Turnover Regression Statistics

Arithmetic Mean10.85
Geometric Mean8.86
Coefficient Of Variation53.90
Mean Deviation5.25
Median14.34
Standard Deviation5.85
Sample Variance34.20
Range17.3387
R-Value(0.78)
Mean Square Error14.53
R-Squared0.61
Significance0.0006
Slope(1.02)
Total Sum of Squares478.74

NexGel Inventory Turnover History

2024 2.5
2023 2.63
2022 3.57
2021 5.3
2020 4.14
2019 7.56
2018 16.82

About NexGel Warrant Financial Statements

NexGel Warrant investors use historical fundamental indicators, such as NexGel Warrant'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 NexGel Warrant. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 2.63  2.50 

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Additional Tools for NexGel Stock Analysis

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