Nexstar Inventory Turnover from 2010 to 2024

NXST Stock  USD 170.41  2.75  1.59%   
Nexstar Broadcasting Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover is likely to outpace its year average 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
115.66
Current Value
121.44
Quarterly Volatility
50.24431385
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nexstar Broadcasting financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexstar Broadcasting's main balance sheet or income statement drivers, such as Depreciation And Amortization of 988 M, Interest Expense of 469.4 M or Total Revenue of 5.2 B, as well as many indicators such as Price To Sales Ratio of 0.93, Dividend Yield of 0.0268 or PTB Ratio of 2.29. Nexstar financial statements analysis is a perfect complement when working with Nexstar Broadcasting Valuation or Volatility modules.
  
Check out the analysis of Nexstar Broadcasting Correlation against competitors.

Latest Nexstar Broadcasting's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Nexstar Broadcasting Group 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. Nexstar Broadcasting's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nexstar Broadcasting'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  

Nexstar Inventory Turnover Regression Statistics

Arithmetic Mean59.36
Geometric Mean35.76
Coefficient Of Variation84.65
Mean Deviation43.45
Median46.41
Standard Deviation50.24
Sample Variance2,524
Range125
R-Value0.74
Mean Square Error1,223
R-Squared0.55
Significance0
Slope8.33
Total Sum of Squares35,343

Nexstar Inventory Turnover History

2024 121.44
2023 115.66
2020 128.51
2019 7.9
2018 49.31
2017 14.42
2016 9.98

About Nexstar Broadcasting Financial Statements

Nexstar Broadcasting shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Nexstar Broadcasting investors may analyze each financial statement separately, they are all interrelated. The changes in Nexstar Broadcasting's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nexstar Broadcasting's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 115.66  121.44 

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Additional Tools for Nexstar Stock Analysis

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