Olympic Change To Inventory from 2010 to 2025

ZEUS Stock  USD 32.64  0.11  0.34%   
Olympic Steel Change To Inventory yearly trend continues to be comparatively stable with very little volatility. Change To Inventory will likely drop to about -672 K in 2025. Change To Inventory is the increase or decrease in the amount of inventory Olympic Steel has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
1994-03-31
Previous Quarter
-13.2 M
Current Value
12.2 M
Quarterly Volatility
26.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Olympic Steel financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Olympic Steel's main balance sheet or income statement drivers, such as Depreciation And Amortization of 32.8 M, Interest Expense of 17.3 M or Total Revenue of 1.2 B, as well as many indicators such as Price To Sales Ratio of 0.23, Dividend Yield of 0.0208 or PTB Ratio of 26.27. Olympic financial statements analysis is a perfect complement when working with Olympic Steel Valuation or Volatility modules.
  
Check out the analysis of Olympic Steel Correlation against competitors.
For more information on how to buy Olympic Stock please use our How to Invest in Olympic Steel guide.

Latest Olympic Steel's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Olympic Steel over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Olympic Steel's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Olympic Steel's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Very volatile
   Change To Inventory   
       Timeline  

Olympic Change To Inventory Regression Statistics

Arithmetic Mean(7,282,562)
Geometric Mean23,247,424
Coefficient Of Variation(1,106)
Mean Deviation52,215,188
Median(672,000)
Standard Deviation80,568,589
Sample Variance6491.3T
Range346.4M
R-Value0.04
Mean Square Error6943.1T
R-Squared0
Significance0.88
Slope697,725
Total Sum of Squares97369.5T

Olympic Change To Inventory History

2025-672 K
2024-640 K
202351.5 M
202268.1 M
2021-241.9 M
202037.2 M
201995.8 M

About Olympic Steel Financial Statements

Olympic Steel shareholders use historical fundamental indicators, such as Change To Inventory, to determine how well the company is positioned to perform in the future. Although Olympic Steel investors may analyze each financial statement separately, they are all interrelated. The changes in Olympic Steel's assets and liabilities, for example, are also reflected in the revenues and expenses on on Olympic Steel'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
Change To Inventory-640 K-672 K

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Additional Tools for Olympic Stock Analysis

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