PROG Change To Inventory from 2010 to 2024

PRG Stock  USD 42.15  0.88  2.05%   
PROG Holdings' Change To Inventory is decreasing over the last several years with slightly volatile swings. Change To Inventory is predicted to flatten to about -1.6 B. Change To Inventory is the increase or decrease in the amount of inventory PROG Holdings has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1990-06-30
Previous Quarter
-391 M
Current Value
-391.9 M
Quarterly Volatility
183.1 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check PROG Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PROG Holdings' main balance sheet or income statement drivers, such as Interest Expense of 30.9 M, Total Revenue of 1.5 B or Gross Profit of 1.1 B, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0017 or PTB Ratio of 2.29. PROG financial statements analysis is a perfect complement when working with PROG Holdings Valuation or Volatility modules.
  
Check out the analysis of PROG Holdings Correlation against competitors.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.

Latest PROG Holdings' Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of PROG Holdings over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. PROG Holdings' Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PROG Holdings' overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

PROG Change To Inventory Regression Statistics

Arithmetic Mean(1,307,476,823)
Geometric Mean786,281,982
Coefficient Of Variation(47.79)
Mean Deviation515,941,702
Median(1,560,405,000)
Standard Deviation624,877,787
Sample Variance390472.2T
Range2.1B
R-Value(0.85)
Mean Square Error118165.6T
R-Squared0.72
Significance0.000065
Slope(118,479,337)
Total Sum of Squares5466611.5T

PROG Change To Inventory History

2024-1.6 B
2023-1.6 B
2022-1.7 B
2021-1.9 B
2020-2 B
2019-2.1 B
2018-1.8 B

About PROG Holdings Financial Statements

PROG Holdings stakeholders use historical fundamental indicators, such as PROG Holdings' Change To Inventory, to determine how well the company is positioned to perform in the future. Although PROG Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in PROG Holdings' assets and liabilities are reflected in the revenues and expenses on PROG 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 PROG Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Inventory-1.6 B-1.6 B

Currently Active Assets on Macroaxis

When determining whether PROG Holdings is a strong investment it is important to analyze PROG 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 PROG Holdings' future performance. For an informed investment choice regarding PROG Stock, refer to the following important reports:
Check out the analysis of PROG Holdings Correlation against competitors.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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 PROG Holdings. If investors know PROG 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 PROG 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
1.553
Dividend Share
0.36
Earnings Share
3.61
Revenue Per Share
55.825
Quarterly Revenue Growth
0.04
The market value of PROG Holdings is measured differently than its book value, which is the value of PROG that is recorded on the company's balance sheet. Investors also form their own opinion of PROG Holdings' value that differs from its market value or its book value, called intrinsic value, which is PROG 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 PROG Holdings' market value can be influenced by many factors that don't directly affect PROG 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 PROG Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PROG Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROG 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.