Star Inventory Turnover from 2010 to 2024

STRR Stock  USD 3.04  0.24  8.57%   
Star Equity Inventory Turnover yearly trend continues to be relatively stable with very little volatility. Inventory Turnover is likely to drop to 7.95. 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
9.9002924
Current Value
7.95
Quarterly Volatility
3.50584783
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Star Equity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Star Equity's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.6 M, Interest Expense of 924.4 K or Selling General Administrative of 15.6 M, as well as many indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.12 or PTB Ratio of 0.24. Star financial statements analysis is a perfect complement when working with Star Equity Valuation or Volatility modules.
  
Check out the analysis of Star Equity Correlation against competitors.

Latest Star Equity's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Star Equity Holdings 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. Star Equity's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Star Equity's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Pretty Stable
   Inventory Turnover   
       Timeline  

Star Inventory Turnover Regression Statistics

Arithmetic Mean10.14
Geometric Mean9.60
Coefficient Of Variation34.57
Mean Deviation2.77
Median9.80
Standard Deviation3.51
Sample Variance12.29
Range11.072
R-Value0.20
Mean Square Error12.69
R-Squared0.04
Significance0.47
Slope0.16
Total Sum of Squares172.07

Star Inventory Turnover History

2024 7.95
2023 9.9
2022 8.12
2021 10.71
2020 6.56
2019 12.97
2018 15.9

About Star Equity Financial Statements

Star Equity shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Star Equity investors may analyze each financial statement separately, they are all interrelated. The changes in Star Equity's assets and liabilities, for example, are also reflected in the revenues and expenses on on Star Equity'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 9.90  7.95 

Additional Tools for Star Stock Analysis

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