Watts Inventory Turnover from 2010 to 2024

WTS Stock  USD 215.09  0.23  0.11%   
Watts Water Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover will likely drop to 2.17 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
2.74330078
Current Value
2.17
Quarterly Volatility
0.44860264
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Watts Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Watts Water's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.5 M, Interest Expense of 7.8 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.0131 or PTB Ratio of 4.83. Watts financial statements analysis is a perfect complement when working with Watts Water Valuation or Volatility modules.
  
Check out the analysis of Watts Water Correlation against competitors.

Latest Watts Water's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Watts Water Technologies 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. Watts Water's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Watts Water'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  

Watts Inventory Turnover Regression Statistics

Arithmetic Mean3.08
Geometric Mean3.05
Coefficient Of Variation14.56
Mean Deviation0.34
Median3.19
Standard Deviation0.45
Sample Variance0.20
Range1.6408
R-Value(0.23)
Mean Square Error0.20
R-Squared0.05
Significance0.40
Slope(0.02)
Total Sum of Squares2.82

Watts Inventory Turnover History

2024 2.17
2023 2.74
2022 2.94
2021 2.81
2020 3.35
2019 3.42
2018 3.17

About Watts Water Financial Statements

Watts Water shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Watts Water investors may analyze each financial statement separately, they are all interrelated. The changes in Watts Water's assets and liabilities, for example, are also reflected in the revenues and expenses on on Watts Water'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 2.74  2.17 

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Additional Tools for Watts Stock Analysis

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