Syntec Inventory from 2010 to 2024

OPTX Stock   3.50  1.56  80.41%   
Syntec Optics Inventory yearly trend continues to be fairly stable with very little volatility. Inventory will likely drop to about 5.1 M in 2024. During the period from 2010 to 2024, Syntec Optics Inventory regression line of annual values had r-squared of  0.06 and arithmetic mean of  4,622,857. View All Fundamentals
 
Inventory  
First Reported
2010-12-31
Previous Quarter
5.8 M
Current Value
5.1 M
Quarterly Volatility
445.1 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Syntec Optics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Syntec Optics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.4 M, Interest Expense of 434.7 K or Selling General Administrative of 6.7 M, as well as many indicators such as Price To Sales Ratio of 9.27, Dividend Yield of 8.0E-4 or PTB Ratio of 10.78. Syntec financial statements analysis is a perfect complement when working with Syntec Optics Valuation or Volatility modules.
  
Check out the analysis of Syntec Optics Correlation against competitors.

Latest Syntec Optics' Inventory Growth Pattern

Below is the plot of the Inventory of Syntec Optics Holdings over the last few years. It is Syntec Optics' Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Syntec Optics' overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Pretty Stable
   Inventory   
       Timeline  

Syntec Inventory Regression Statistics

Arithmetic Mean4,622,857
Geometric Mean4,603,344
Coefficient Of Variation9.63
Mean Deviation230,650
Median4,561,742
Standard Deviation445,126
Sample Variance198.1B
Range2.2M
R-Value0.25
Mean Square Error199.9B
R-Squared0.06
Significance0.37
Slope25,055
Total Sum of Squares2.8T

Syntec Inventory History

20245.1 M
20235.8 M
20223.6 M

Other Fundumenentals of Syntec Optics Holdings

Syntec Optics Inventory component correlations

About Syntec Optics Financial Statements

Syntec Optics investors use historical fundamental indicators, such as Syntec Optics' Inventory, 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 Syntec Optics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory5.8 M5.1 M
Change To Inventory-2.3 M-2.2 M
Inventory Turnover 3.69  5.16 
Days Of Inventory On Hand 98.95  64.82 
Average Inventory4.3 M3.8 M
Days Of Inventory Outstanding 98.95  64.82 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Syntec Stock Analysis

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