Shoals Change To Inventory from 2010 to 2024

SHLS Stock  USD 4.41  0.16  3.50%   
Shoals Technologies Change To Inventory yearly trend continues to be comparatively stable with very little volatility. Change To Inventory is likely to outpace its year average in 2024. Change To Inventory is the increase or decrease in the amount of inventory Shoals Technologies Group has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2019-12-31
Previous Quarter
-907 K
Current Value
-6.9 M
Quarterly Volatility
6.8 M
 
Covid
Check Shoals Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shoals Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 10.8 M, Interest Expense of 25.3 M or Selling General Administrative of 84.8 M, as well as many indicators such as Price To Sales Ratio of 4.96, Dividend Yield of 0.0716 or PTB Ratio of 4.45. Shoals financial statements analysis is a perfect complement when working with Shoals Technologies Valuation or Volatility modules.
  
Check out the analysis of Shoals Technologies Correlation against competitors.

Latest Shoals Technologies' Change To Inventory Growth Pattern

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

Shoals Change To Inventory Regression Statistics

Arithmetic Mean(4,702,570)
Coefficient Of Variation(255.52)
Mean Deviation6,197,639
Median(4,447,000)
Standard Deviation12,015,877
Sample Variance144.4T
Range52.7M
R-Value0.06
Mean Square Error154.9T
R-Squared0
Significance0.83
Slope165,140
Total Sum of Squares2021.3T

Shoals Change To Inventory History

202415.8 M
202315 M
2022-36.9 M
2021-17.2 M
2020-6.5 M
2019-694 K

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Change To Inventory, to determine how well the company is positioned to perform in the future. Although Shoals Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Shoals Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Shoals Technologies' 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
Change To Inventory15 M15.8 M

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Additional Tools for Shoals Stock Analysis

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