Servotronics Inventory Turnover from 2010 to 2024

SVT Stock  USD 10.70  0.14  1.29%   
Servotronics Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 1.62 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
2.52317228
Current Value
1.62
Quarterly Volatility
0.25308243
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Servotronics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Servotronics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 721.1 K, Total Revenue of 28.4 M or Gross Profit of 7.1 M, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0262 or PTB Ratio of 1.03. Servotronics financial statements analysis is a perfect complement when working with Servotronics Valuation or Volatility modules.
  
Check out the analysis of Servotronics Correlation against competitors.
For more information on how to buy Servotronics Stock please use our How to Invest in Servotronics guide.

Latest Servotronics' Inventory Turnover Growth Pattern

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

Servotronics Inventory Turnover Regression Statistics

Arithmetic Mean2.08
Geometric Mean2.06
Coefficient Of Variation12.18
Mean Deviation0.20
Median2.14
Standard Deviation0.25
Sample Variance0.06
Range0.9032
R-Value(0.21)
Mean Square Error0.07
R-Squared0.04
Significance0.46
Slope(0.01)
Total Sum of Squares0.90

Servotronics Inventory Turnover History

2024 1.62
2023 2.52
2022 1.99
2021 1.72
2020 1.78
2019 2.14
2018 2.36

About Servotronics Financial Statements

Servotronics shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Servotronics investors may analyze each financial statement separately, they are all interrelated. The changes in Servotronics' assets and liabilities, for example, are also reflected in the revenues and expenses on on Servotronics' 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 2.52  1.62 

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Additional Tools for Servotronics Stock Analysis

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