Mingzhu Inventory Turnover from 2010 to 2025

YGMZ Stock  USD 0.87  0.03  3.33%   
Mingzhu Logistics Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to 102.99 in 2025. 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
108.42
Current Value
102.99
Quarterly Volatility
1.4 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mingzhu Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mingzhu Logistics' main balance sheet or income statement drivers, such as Tax Provision of 436.1 K, Depreciation And Amortization of 1.6 M or Interest Expense of 576.3 K, as well as many indicators such as Price To Sales Ratio of 5.53, Dividend Yield of 0.0084 or PTB Ratio of 11.04. Mingzhu financial statements analysis is a perfect complement when working with Mingzhu Logistics Valuation or Volatility modules.
  
Check out the analysis of Mingzhu Logistics Correlation against competitors.

Latest Mingzhu Logistics' Inventory Turnover Growth Pattern

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

Mingzhu Inventory Turnover Regression Statistics

Arithmetic Mean436.76
Geometric Mean74.23
Coefficient Of Variation313.84
Mean Deviation642.07
Median96.86
Standard Deviation1,371
Sample Variance1.9M
Range5.6K
R-Value0.03
Mean Square Error2M
R-Squared0.0006
Significance0.93
Slope7.25
Total Sum of Squares28.2M

Mingzhu Inventory Turnover History

2025 102.99
2024 108.42
2022 94.27
2021 -0.62
2020 -1.31
2019 241.99
2018 5573.29

About Mingzhu Logistics Financial Statements

Mingzhu Logistics investors use historical fundamental indicators, such as Mingzhu Logistics' 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 Mingzhu Logistics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 108.42  102.99 

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Additional Tools for Mingzhu Stock Analysis

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