Meiwu Inventory Turnover from 2010 to 2024

WNW Stock  USD 1.56  0.00  0.00%   
Meiwu Technology Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover is likely to outpace its year average 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
9.65323238
Current Value
11.39
Quarterly Volatility
4.64691887
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Meiwu Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Meiwu Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 443.1 K, Selling General Administrative of 2 M or Selling And Marketing Expenses of 1.6 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0 or PTB Ratio of 0.89. Meiwu financial statements analysis is a perfect complement when working with Meiwu Technology Valuation or Volatility modules.
  
Check out the analysis of Meiwu Technology Correlation against competitors.

Latest Meiwu Technology's Inventory Turnover Growth Pattern

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

Meiwu Inventory Turnover Regression Statistics

Arithmetic Mean14.33
Geometric Mean13.42
Coefficient Of Variation32.42
Mean Deviation4.03
Median17.69
Standard Deviation4.65
Sample Variance21.59
Range11.8511
R-Value(0.74)
Mean Square Error10.36
R-Squared0.55
Significance0
Slope(0.77)
Total Sum of Squares302.31

Meiwu Inventory Turnover History

2024 11.39
2023 9.65
2022 5.84
2021 14.18
2020 7.98
2019 6.73

About Meiwu Technology Financial Statements

Meiwu Technology investors use historical fundamental indicators, such as Meiwu Technology's Inventory Turnover, 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 Meiwu Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 9.65  11.39 

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Additional Tools for Meiwu Stock Analysis

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