STERIS Inventory from 2010 to 2024

STE Stock  USD 217.47  1.41  0.65%   
STERIS Plc's Inventory is increasing over the years with slightly volatile fluctuation. Overall, Inventory is expected to go to about 708.3 M this year. During the period from 2010 to 2024 STERIS Plc Inventory annual values regression line had geometric mean of  192,200,348 and mean square error of 11068.8 T. View All Fundamentals
 
Inventory  
First Reported
1991-03-31
Previous Quarter
698.6 M
Current Value
688.9 M
Quarterly Volatility
188 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check STERIS Plc financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among STERIS Plc's main balance sheet or income statement drivers, such as Depreciation And Amortization of 593.5 M, Total Revenue of 5.4 B or Gross Profit of 2.3 B, as well as many indicators such as Price To Sales Ratio of 3.05, Dividend Yield of 0.0165 or PTB Ratio of 4.48. STERIS financial statements analysis is a perfect complement when working with STERIS Plc Valuation or Volatility modules.
  
Check out the analysis of STERIS Plc Correlation against competitors.
For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.

Latest STERIS Plc's Inventory Growth Pattern

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

STERIS Inventory Regression Statistics

Arithmetic Mean309,375,783
Geometric Mean192,200,348
Coefficient Of Variation75.00
Mean Deviation189,530,244
Median205,731,000
Standard Deviation232,046,106
Sample Variance53845.4T
Range707M
R-Value0.90
Mean Square Error11068.8T
R-Squared0.81
Slope46,672,926
Total Sum of Squares753835.5T

STERIS Inventory History

2024708.3 M
2023674.5 M
2022695.5 M
2021575 M
2020315.1 M
2019248.3 M
2018208.2 M

Other Fundumenentals of STERIS plc

About STERIS Plc Financial Statements

STERIS Plc stakeholders use historical fundamental indicators, such as STERIS Plc's Inventory, to determine how well the company is positioned to perform in the future. Although STERIS Plc investors may analyze each financial statement separately, they are all interrelated. For example, changes in STERIS Plc's assets and liabilities are reflected in the revenues and expenses on STERIS Plc's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in STERIS plc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory674.5 M708.3 M
Change To Inventory-37.5 M-35.6 M
Inventory Turnover 4.33  4.46 
Days Of Inventory On Hand 84.30  78.75 
Days Of Inventory Outstanding 84.30  78.75 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether STERIS plc is a strong investment it is important to analyze STERIS Plc's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact STERIS Plc's future performance. For an informed investment choice regarding STERIS Stock, refer to the following important reports:
Check out the analysis of STERIS Plc Correlation against competitors.
For information on how to trade STERIS Stock refer to our How to Trade STERIS Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of STERIS Plc. If investors know STERIS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about STERIS Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.305
Dividend Share
2.13
Earnings Share
5.96
Revenue Per Share
53.903
Quarterly Revenue Growth
0.073
The market value of STERIS plc is measured differently than its book value, which is the value of STERIS that is recorded on the company's balance sheet. Investors also form their own opinion of STERIS Plc's value that differs from its market value or its book value, called intrinsic value, which is STERIS Plc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because STERIS Plc's market value can be influenced by many factors that don't directly affect STERIS Plc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between STERIS Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if STERIS Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STERIS Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.