SoundHound Average Inventory from 2010 to 2024

SOUNW Stock  USD 7.46  0.85  10.23%   
SoundHound Average Inventory yearly trend continues to be fairly stable with very little volatility. Average Inventory is likely to outpace its year average in 2024. Average Inventory is the average amount of inventory SoundHound AI 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
1.2 M
Current Value
1.3 M
Quarterly Volatility
584.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check SoundHound financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among SoundHound's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Selling General Administrative of 22.8 M or Selling And Marketing Expenses of 11.8 M, as well as many indicators such as Price To Sales Ratio of 20.86, Dividend Yield of 0.0 or PTB Ratio of 18.12. SoundHound financial statements analysis is a perfect complement when working with SoundHound Valuation or Volatility modules.
  
Check out the analysis of SoundHound Correlation against competitors.

Latest SoundHound's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of SoundHound AI 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. SoundHound's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in SoundHound's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

SoundHound Average Inventory Regression Statistics

Arithmetic Mean340,027
Geometric Mean25.54
Coefficient Of Variation171.87
Mean Deviation498,705
Median0.50
Standard Deviation584,416
Sample Variance341.5B
Range1.3M
R-Value0.76
Mean Square Error154.3B
R-Squared0.58
Significance0.001
Slope99,559
Total Sum of Squares4.8T

SoundHound Average Inventory History

20241.3 M
20231.2 M
20211.3 M

About SoundHound Financial Statements

SoundHound investors use historical fundamental indicators, such as SoundHound's Average Inventory, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in SoundHound. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory1.2 M1.3 M

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Additional Tools for SoundHound Stock Analysis

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