SOS Change To Inventory vs Average Inventory Analysis

SOS Stock  USD 6.95  0.15  2.11%   
SOS financial indicator trend analysis is much more than just breaking down SOS Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SOS Limited is a good investment. Please check the relationship between SOS Change To Inventory and its Average Inventory accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SOS Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.

Change To Inventory vs Average Inventory

Change To Inventory vs Average Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SOS Limited Change To Inventory account and Average Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between SOS's Change To Inventory and Average Inventory is 0.26. Overlapping area represents the amount of variation of Change To Inventory that can explain the historical movement of Average Inventory in the same time period over historical financial statements of SOS Limited, assuming nothing else is changed. The correlation between historical values of SOS's Change To Inventory and Average Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Inventory of SOS Limited are associated (or correlated) with its Average Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Average Inventory has no effect on the direction of Change To Inventory i.e., SOS's Change To Inventory and Average Inventory go up and down completely randomly.

Correlation Coefficient

0.26
Relationship DirectionPositive 
Relationship StrengthVery Weak

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.

Average Inventory

The average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels.
Most indicators from SOS's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SOS Limited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SOS Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
At this time, SOS's Tax Provision is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 4.1 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 17 M in 2024.
 2021 2022 2023 2024 (projected)
Total Operating Expenses62.4M204.0M19.0M18.0M
Cost Of Revenue336.8M270.6M78.2M90.9M

SOS fundamental ratios Correlations

-0.130.360.950.87-0.94-0.330.230.930.71-0.15-0.480.930.590.760.47-0.170.860.180.740.95-0.130.710.06-0.51-0.28
-0.130.46-0.22-0.160.18-0.320.52-0.18-0.290.2-0.26-0.18-0.2-0.16-0.150.06-0.040.46-0.22-0.140.99-0.220.28-0.240.49
0.360.460.270.38-0.4-0.840.790.40.270.320.050.40.130.150.060.150.550.910.30.390.460.270.69-0.660.3
0.95-0.220.270.95-0.98-0.330.160.980.67-0.3-0.560.980.750.860.46-0.260.910.040.870.99-0.210.85-0.05-0.49-0.3
0.87-0.160.380.95-0.94-0.40.320.950.72-0.24-0.520.950.80.830.25-0.20.90.150.90.95-0.150.9-0.05-0.5-0.18
-0.940.18-0.4-0.98-0.940.47-0.23-1.0-0.710.260.54-1.0-0.75-0.83-0.50.19-0.96-0.19-0.9-0.990.16-0.87-0.10.530.31
-0.33-0.32-0.84-0.33-0.40.47-0.62-0.48-0.10.160.15-0.48-0.45-0.34-0.430.06-0.69-0.66-0.54-0.42-0.35-0.51-0.560.65-0.2
0.230.520.790.160.32-0.23-0.620.230.130.070.120.230.110.03-0.13-0.020.380.720.230.250.480.220.35-0.330.31
0.93-0.180.40.980.95-1.0-0.480.230.69-0.27-0.551.00.770.830.49-0.190.960.180.910.99-0.160.890.09-0.53-0.3
0.71-0.290.270.670.72-0.71-0.10.130.690.24-0.320.690.320.390.050.180.540.250.560.68-0.290.540.09-0.21-0.5
-0.150.20.32-0.3-0.240.260.160.07-0.270.240.37-0.27-0.65-0.45-0.510.54-0.330.49-0.52-0.240.16-0.540.38-0.140.16
-0.48-0.260.05-0.56-0.520.540.150.12-0.55-0.320.37-0.55-0.61-0.65-0.40.13-0.50.19-0.59-0.53-0.28-0.60.270.240.18
0.93-0.180.40.980.95-1.0-0.480.231.00.69-0.27-0.550.770.830.49-0.190.960.180.910.99-0.160.890.09-0.53-0.31
0.59-0.20.130.750.8-0.75-0.450.110.770.32-0.65-0.610.770.920.44-0.290.79-0.130.930.74-0.190.95-0.31-0.430.0
0.76-0.160.150.860.83-0.83-0.340.030.830.39-0.45-0.650.830.920.47-0.260.82-0.120.850.85-0.170.87-0.31-0.590.05
0.47-0.150.060.460.25-0.5-0.43-0.130.490.05-0.51-0.40.490.440.47-0.150.54-0.060.50.46-0.130.450.04-0.27-0.38
-0.170.060.15-0.26-0.20.190.06-0.02-0.190.180.540.13-0.19-0.29-0.26-0.15-0.270.49-0.23-0.20.01-0.240.110.210.01
0.86-0.040.550.910.9-0.96-0.690.380.960.54-0.33-0.50.960.790.820.54-0.270.290.910.94-0.020.890.19-0.66-0.15
0.180.460.910.040.15-0.19-0.660.720.180.250.490.190.18-0.13-0.12-0.060.490.290.060.170.450.020.71-0.380.23
0.74-0.220.30.870.9-0.9-0.540.230.910.56-0.52-0.590.910.930.850.5-0.230.910.060.87-0.21.0-0.09-0.44-0.24
0.95-0.140.390.990.95-0.99-0.420.250.990.68-0.24-0.530.990.740.850.46-0.20.940.170.87-0.140.850.04-0.55-0.25
-0.130.990.46-0.21-0.150.16-0.350.48-0.16-0.290.16-0.28-0.16-0.19-0.17-0.130.01-0.020.45-0.2-0.14-0.20.36-0.210.43
0.71-0.220.270.850.9-0.87-0.510.220.890.54-0.54-0.60.890.950.870.45-0.240.890.021.00.85-0.2-0.14-0.42-0.2
0.060.280.69-0.05-0.05-0.1-0.560.350.090.090.380.270.09-0.31-0.310.040.110.190.71-0.090.040.36-0.14-0.25-0.05
-0.51-0.24-0.66-0.49-0.50.530.65-0.33-0.53-0.21-0.140.24-0.53-0.43-0.59-0.270.21-0.66-0.38-0.44-0.55-0.21-0.42-0.25-0.43
-0.280.490.3-0.3-0.180.31-0.20.31-0.3-0.50.160.18-0.310.00.05-0.380.01-0.150.23-0.24-0.250.43-0.2-0.05-0.43
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SOS Account Relationship Matchups

SOS fundamental ratios Accounts

201920202021202220232024 (projected)
Short Long Term Debt Total43.5M3.6M2.8M921K377K358.2K
Other Stockholder Equity283.9M53.6M672.4M705.5M730.3M766.9M
Property Plant And Equipment Gross3.4M4.7M37.1M48.7M73.0M76.7M
Short Term Debt43.5M834K894K544K377K358.2K
Property Plant Equipment3.4M4.7M31.7M13.5M15.5M10.2M
Cash And Equivalents15.4M3.7M338.0M259.5M298.4M313.3M
Capital Surpluse296.4M53.6M672.4M705.5M811.3M420.4M
Net Invested Capital5.5M60.2M633.4M409.6M426.0M251.1M
Net Working Capital3.1M58.9M603.7M395.6M393.9M236.4M
Capital Stock11K60K300K374K665K698.3K

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Additional Tools for SOS Stock Analysis

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