Olympic Inventory from 2010 to 2024

ZEUS Stock  USD 42.31  0.80  1.93%   
Olympic Steel Inventory yearly trend continues to be comparatively stable with very little volatility. Inventory will likely drop to about 236.1 M in 2024. From the period from 2010 to 2024, Olympic Steel Inventory quarterly data regression had r-value of  0.53 and coefficient of variation of  31.01. View All Fundamentals
 
Inventory  
First Reported
1994-03-31
Previous Quarter
386.2 M
Current Value
399.4 M
Quarterly Volatility
109.6 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 28.5 M, Interest Expense of 16.8 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 0.0069 or PTB Ratio of 0.95. 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 Inventory Growth Pattern

Below is the plot of the Inventory of Olympic Steel over the last few years. It is Olympic Steel's 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Olympic Inventory Regression Statistics

Arithmetic Mean294,515,024
Geometric Mean279,882,308
Coefficient Of Variation31.01
Mean Deviation66,102,117
Median277,765,000
Standard Deviation91,335,698
Sample Variance8342.2T
Range375.9M
R-Value0.53
Mean Square Error6502.2T
R-Squared0.28
Significance0.04
Slope10,734,152
Total Sum of Squares116790.9T

Olympic Inventory History

2024236.1 M
2023386.5 M
2022416.9 M
2021485 M
2020240 M
2019273.5 M
2018368.7 M

Other Fundumenentals of Olympic Steel

About Olympic Steel Financial Statements

Olympic Steel shareholders use historical fundamental indicators, such as 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
Inventory386.5 M236.1 M
Change To Inventory51.5 M54.1 M
Inventory Turnover 4.43  3.16 
Days Of Inventory On Hand 82.45  103.90 
Days Of Inventory Outstanding 82.45  103.90 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.