OneMain Inventory Turnover from 2010 to 2024

OMF Stock  USD 51.95  0.04  0.08%   
OneMain Holdings' Inventory Turnover is increasing over the last several years with slightly volatile swings. Inventory Turnover is predicted to flatten to 0.26. 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
0.48
Current Value
0.26
Quarterly Volatility
0.22320353
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check OneMain Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OneMain Holdings' main balance sheet or income statement drivers, such as Interest Expense of 718.1 M, Total Revenue of 2.6 B or Operating Income of 1.3 B, as well as many indicators such as Price To Sales Ratio of 2.06, Dividend Yield of 0.0747 or PTB Ratio of 1.85. OneMain financial statements analysis is a perfect complement when working with OneMain Holdings Valuation or Volatility modules.
  
Check out the analysis of OneMain Holdings Correlation against competitors.
For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.

Latest OneMain Holdings' Inventory Turnover Growth Pattern

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

OneMain Inventory Turnover Regression Statistics

Arithmetic Mean0.16
Geometric Mean0.07
Coefficient Of Variation141.15
Mean Deviation0.18
Median0.04
Standard Deviation0.22
Sample Variance0.05
Range0.6551
R-Value0.67
Mean Square Error0.03
R-Squared0.44
Significance0.01
Slope0.03
Total Sum of Squares0.70

OneMain Inventory Turnover History

2024 0.26
2023 0.48
2022 0.53
2021 0.69
2020 0.0394

About OneMain Holdings Financial Statements

OneMain Holdings stakeholders use historical fundamental indicators, such as OneMain Holdings' Inventory Turnover, to determine how well the company is positioned to perform in the future. Although OneMain Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in OneMain Holdings' assets and liabilities are reflected in the revenues and expenses on OneMain Holdings' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in OneMain Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 0.48  0.26 

Currently Active Assets on Macroaxis

When determining whether OneMain Holdings is a strong investment it is important to analyze OneMain Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OneMain Holdings' future performance. For an informed investment choice regarding OneMain Stock, refer to the following important reports:
Check out the analysis of OneMain Holdings Correlation against competitors.
For more detail on how to invest in OneMain Stock please use our How to Invest in OneMain Holdings guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Consumer Finance 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 OneMain Holdings. If investors know OneMain 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 OneMain Holdings 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
(0.19)
Dividend Share
4.08
Earnings Share
4.56
Revenue Per Share
20.797
Quarterly Revenue Growth
(0.03)
The market value of OneMain Holdings is measured differently than its book value, which is the value of OneMain that is recorded on the company's balance sheet. Investors also form their own opinion of OneMain Holdings' value that differs from its market value or its book value, called intrinsic value, which is OneMain Holdings' 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 OneMain Holdings' market value can be influenced by many factors that don't directly affect OneMain Holdings' 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 OneMain Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OneMain Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OneMain Holdings' 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.