TuanChe Days Of Inventory On Hand from 2010 to 2024

TC Stock  USD 0.86  0.10  10.42%   
TuanChe ADR's Days Of Inventory On Hand is decreasing over the years with slightly volatile fluctuation. Overall, Days Of Inventory On Hand is expected to go to 0.00001 this year. During the period from 2010 to 2024 TuanChe ADR Days Of Inventory On Hand annual values regression line had geometric mean of  0.00000921 and mean square error of  0. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
0.000006
Current Value
0.00001
Quarterly Volatility
0.00000816
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TuanChe ADR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TuanChe ADR's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.2 M, Interest Expense of 682.8 K or Selling General Administrative of 71.7 M, as well as many indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.0 or PTB Ratio of 2.07. TuanChe financial statements analysis is a perfect complement when working with TuanChe ADR Valuation or Volatility modules.
  
Check out the analysis of TuanChe ADR Correlation against competitors.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.

Latest TuanChe ADR's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of TuanChe ADR over the last few years. It is TuanChe ADR's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TuanChe ADR's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

TuanChe Days Of Inventory On Hand Regression Statistics

Arithmetic Mean0.000012
Geometric Mean0.00000921
Coefficient Of Variation66.12
Mean Deviation0.00000768
Median0.00001
Standard Deviation0.00000816
Sample Variance0
Range0.0
R-Value(0.77)
Mean Square Error0
R-Squared0.59
Significance0.0008
Slope(0.00000141)
Total Sum of Squares0

TuanChe Days Of Inventory On Hand History

2024 1.0E-5
2023 6.0E-6
2019 5.0E-6
2017 2.0E-6

About TuanChe ADR Financial Statements

TuanChe ADR stakeholders use historical fundamental indicators, such as TuanChe ADR's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although TuanChe ADR investors may analyze each financial statement separately, they are all interrelated. For example, changes in TuanChe ADR's assets and liabilities are reflected in the revenues and expenses on TuanChe ADR'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 TuanChe ADR. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

Also Currently Popular

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.
Check out the analysis of TuanChe ADR Correlation against competitors.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Interactive Media & Services 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 TuanChe ADR. If investors know TuanChe 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 TuanChe ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.28)
Revenue Per Share
58.91
Quarterly Revenue Growth
(0.65)
Return On Assets
(0.52)
Return On Equity
(3.08)
The market value of TuanChe ADR is measured differently than its book value, which is the value of TuanChe that is recorded on the company's balance sheet. Investors also form their own opinion of TuanChe ADR's value that differs from its market value or its book value, called intrinsic value, which is TuanChe ADR'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 TuanChe ADR's market value can be influenced by many factors that don't directly affect TuanChe ADR'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 TuanChe ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if TuanChe ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TuanChe ADR'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.