Renew Inventory Turnover from 2010 to 2024

RNW Stock  USD 7.09  0.12  1.66%   
Renew Energy Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 1.22 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
2.2759029
Current Value
1.22
Quarterly Volatility
1.62081101
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Renew Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renew Energy's main balance sheet or income statement drivers, such as Interest Expense of 35.5 B, Other Operating Expenses of 17 B or EBIT of 35.5 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.063 or PTB Ratio of 1.65. Renew financial statements analysis is a perfect complement when working with Renew Energy Valuation or Volatility modules.
  
Check out the analysis of Renew Energy Correlation against competitors.

Latest Renew Energy's Inventory Turnover Growth Pattern

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

Renew Inventory Turnover Regression Statistics

Arithmetic Mean1.06
Geometric Mean0.42
Coefficient Of Variation152.23
Mean Deviation1.13
Median0.29
Standard Deviation1.62
Sample Variance2.63
Range5.7623
R-Value0.52
Mean Square Error2.08
R-Squared0.27
Significance0.05
Slope0.19
Total Sum of Squares36.78

Renew Inventory Turnover History

2024 1.22
2023 2.28
2022 5.83
2021 0.4
2020 0.51
2019 0.87
2018 0.11

About Renew Energy Financial Statements

Renew Energy investors use historical fundamental indicators, such as Renew Energy'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 Renew Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 2.28  1.22 

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Additional Tools for Renew Stock Analysis

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