Summit Average Inventory from 2010 to 2025

SMMT Stock  USD 20.26  0.43  2.08%   
Summit Therapeutics Average Inventory yearly trend continues to be comparatively stable with very little volatility. Average Inventory is likely to outpace its year average in 2025. Average Inventory is the average amount of inventory Summit Therapeutics PLC holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
-6.7 M
Current Value
-6.4 M
Quarterly Volatility
3.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Summit Therapeutics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Summit Therapeutics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 109.6 M, Selling General Administrative of 63.6 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 1.3 K, Dividend Yield of 0.0 or PTB Ratio of 31.34. Summit financial statements analysis is a perfect complement when working with Summit Therapeutics Valuation or Volatility modules.
  
Check out the analysis of Summit Therapeutics Correlation against competitors.

Latest Summit Therapeutics' Average Inventory Growth Pattern

Below is the plot of the Average Inventory of Summit Therapeutics PLC over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. Summit Therapeutics' Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Summit Therapeutics' overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Summit Average Inventory Regression Statistics

Arithmetic Mean(2,269,039)
Geometric Mean8,582
Coefficient Of Variation(135.13)
Mean Deviation2,866,950
Median0.50
Standard Deviation3,066,086
Sample Variance9.4T
Range6.8M
R-Value(0.85)
Mean Square Error2.8T
R-Squared0.72
Significance0.000031
Slope(547,187)
Total Sum of Squares141T

Summit Average Inventory History

2025-6.4 M
2024-6.7 M
2020-5.9 M
2018 0.78
201455.3 K
2011 0.5
201024.1 K

About Summit Therapeutics Financial Statements

Summit Therapeutics shareholders use historical fundamental indicators, such as Average Inventory, to determine how well the company is positioned to perform in the future. Although Summit Therapeutics investors may analyze each financial statement separately, they are all interrelated. The changes in Summit Therapeutics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Summit Therapeutics' 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
Average Inventory-6.7 M-6.4 M

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Additional Tools for Summit Stock Analysis

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