Shoals Days Of Inventory Outstanding from 2010 to 2024

SHLS Stock  USD 4.41  0.16  3.50%   
Shoals Technologies Days Of Inventory Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory Outstanding will likely drop to 57.88 in 2024. From the period from 2010 to 2024, Shoals Technologies Days Of Inventory Outstanding quarterly data regression had r-value of  0.47 and coefficient of variation of  46.04. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
60.11028116
Current Value
57.88
Quarterly Volatility
26.88773806
 
Credit Downgrade
 
Yuan Drop
 
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' Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Shoals Technologies Group over the last few years. It is Shoals Technologies' Days Of Inventory Outstanding 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.
Days Of Inventory Outstanding10 Years Trend
Slightly volatile
   Days Of Inventory Outstanding   
       Timeline  

Shoals Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean58.41
Geometric Mean54.53
Coefficient Of Variation46.04
Mean Deviation17.08
Median48.01
Standard Deviation26.89
Sample Variance722.95
Range104
R-Value0.47
Mean Square Error605.18
R-Squared0.22
Significance0.08
Slope2.84
Total Sum of Squares10,121

Shoals Days Of Inventory Outstanding History

2024 57.88
2023 60.11
2022 135.93
2021 107.26
2020 50.65
2019 32.15

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as Days Of Inventory Outstanding, 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
Days Of Inventory Outstanding 60.11  57.88 

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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.