SmartRent Inventory Turnover from 2010 to 2024

SMRT Stock  USD 1.86  0.02  1.09%   
SmartRent Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 4.29 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
4.50532772
Current Value
4.29
Quarterly Volatility
1.25330541
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SmartRent financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SmartRent's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11 M, Interest Expense of 9 M or Selling General Administrative of 42.4 M, as well as many indicators such as Price To Sales Ratio of 3.99, Dividend Yield of 0.0 or PTB Ratio of 3.64. SmartRent financial statements analysis is a perfect complement when working with SmartRent Valuation or Volatility modules.
  
Check out the analysis of SmartRent Correlation against competitors.
For more information on how to buy SmartRent Stock please use our How to Invest in SmartRent guide.

Latest SmartRent's Inventory Turnover Growth Pattern

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

SmartRent Inventory Turnover Regression Statistics

Arithmetic Mean5.14
Geometric Mean4.96
Coefficient Of Variation24.36
Mean Deviation1.05
Median5.93
Standard Deviation1.25
Sample Variance1.57
Range3.7338
R-Value(0.71)
Mean Square Error0.83
R-Squared0.51
Significance0
Slope(0.20)
Total Sum of Squares21.99

SmartRent Inventory Turnover History

2024 4.29
2023 4.51
2022 2.2
2021 3.63
2020 3.22

About SmartRent Financial Statements

SmartRent shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although SmartRent investors may analyze each financial statement separately, they are all interrelated. The changes in SmartRent's assets and liabilities, for example, are also reflected in the revenues and expenses on on SmartRent's 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
Inventory Turnover 4.51  4.29 

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Additional Tools for SmartRent Stock Analysis

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