SoundHound Inventory from 2010 to 2024

SOUNW Stock  USD 7.46  0.85  10.23%   
SoundHound Inventory yearly trend continues to be fairly stable with very little volatility. Inventory is likely to outpace its year average in 2024. During the period from 2010 to 2024, SoundHound Inventory regression line of quarterly data had mean square error of 763.8 T and geometric mean of  82.95. View All Fundamentals
 
Inventory  
First Reported
2010-12-31
Previous Quarter
93 M
Current Value
97.7 M
Quarterly Volatility
33.4 M
 
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 Inventory Growth Pattern

Below is the plot of the Inventory of SoundHound AI over the last few years. It is SoundHound's 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

SoundHound Inventory Regression Statistics

Arithmetic Mean13,054,467
Geometric Mean82.95
Coefficient Of Variation256.05
Mean Deviation21,938,809
Median1.00
Standard Deviation33,425,391
Sample Variance1117.3T
Range97.6M
R-Value0.60
Mean Square Error763.8T
R-Squared0.37
Significance0.02
Slope4,516,900
Total Sum of Squares15641.6T

SoundHound Inventory History

202497.7 M
202393 M
20222.5 M
20212.7 M

Other Fundumenentals of SoundHound AI

SoundHound Inventory component correlations

About SoundHound Financial Statements

SoundHound investors use historical fundamental indicators, such as SoundHound's 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
Inventory93 M97.7 M
Change To Inventory-3.1 M-3 M
Inventory Turnover 3.44  2.52 
Days Of Inventory On Hand 86.03  64.70 
Average Inventory1.2 M1.3 M
Days Of Inventory Outstanding 86.03  64.70 

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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.