Shoals Inventory from 2010 to 2024

SHLS Stock  USD 4.41  0.16  3.50%   
Shoals Technologies Inventory yearly trend continues to be comparatively stable with very little volatility. Inventory will likely drop to about 36.3 M in 2024. From the period from 2010 to 2024, Shoals Technologies Inventory quarterly data regression had r-value of  0.71 and coefficient of variation of  94.92. View All Fundamentals
 
Inventory  
First Reported
2010-12-31
Previous Quarter
52.8 M
Current Value
36.3 M
Quarterly Volatility
19.9 M
 
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' Inventory Growth Pattern

Below is the plot of the Inventory of Shoals Technologies Group over the last few years. It is Shoals Technologies' 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Shoals Inventory Regression Statistics

Arithmetic Mean20,916,326
Geometric Mean15,445,024
Coefficient Of Variation94.92
Mean Deviation15,552,878
Median9,942,000
Standard Deviation19,854,148
Sample Variance394.2T
Range64M
R-Value0.71
Mean Square Error210.2T
R-Squared0.50
Significance0
Slope3,154,158
Total Sum of Squares5518.6T

Shoals Inventory History

202436.3 M
202352.8 M
202272.9 M
202138.4 M
202015.1 M
20198.8 M

Other Fundumenentals of Shoals Technologies

About Shoals Technologies Financial Statements

Shoals Technologies shareholders use historical fundamental indicators, such as 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
Inventory52.8 M36.3 M
Change To Inventory15 M15.8 M
Inventory Turnover 6.07  7.03 
Days Of Inventory On Hand 60.11  57.88 
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.