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Johnson Inventory Turnover Trend from 2010 to 2020

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JNJ -- USA Stock  

Fiscal Quarter End: March 31, 2020  

Johnson Johnson Inventory Turnover is increasing with stable movements from year to year. Inventory Turnover is estimated to finish at 3.61 this year. For the period between 2010 and 2020, Johnson Johnson, Inventory Turnover quarterly trend regression had mean deviation of 0.34 and range of  0.93. Johnson Johnson Net Income Common Stock is decreasing as compared to previous years. The last year's value of Net Income Common Stock was reported at 1.17 Billion. The current Operating Income is estimated to increase to about 21.4 B, while Gross Profit is estimated to decrease to under 54.6 B. Check Johnson Johnson fundamental indicators over time to gain insight into the future company performance. Apply historical fundamental analysis to find patterns among financial statement drivers such as Direct Expenses of 21.3 B, Consolidated Income of 1.2 B or Cost of Revenue of 28.1 B, as well as many exotic indicators such as Interest Coverage of 33.98, Long Term Debt to Equity of 0.4951 or Calculated Tax Rate of 89.96. This can be a perfect complement to check Johnson Johnson Valuation or Volatility. It can also complement various Johnson Johnson Technical models. Please see the analysis of Johnson Johnson Correlation with competitors.
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Johnson Inventory Turnover Marginal Breakdown

Showing smoothed Inventory Turnover of Johnson Johnson with missing and latest data points interpolated.
Inventory Turnover10 Years Trend
Increasing
Stable
 Inventory Turnover 
    
  Timeline 

Johnson Inventory Turnover Regression Statistics

Arithmetic Mean 3.04
Geometric Mean 3.02
Coefficient Of Variation 13.00
Mean Deviation 0.34
Median 3.00
Standard Deviation 0.40
Sample Variance 0.16
Range 0.93
R-Value 0.16
Mean Square Error 0.17
R-Squared 0.024149
Significance 0.65
Slope 0.018512
Total Sum of Squares 1.56

Johnson Inventory Turnover Over Time

2017  3.00 
2019  3.45 
2020  3.61 

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Johnson Johnson Fundamental Drivers

Johnson Johnson Fundamental Market Drivers

Short Percent Of Float0.78%
Forward Price Earnings15.49
Shares Short Prior Month20.5M
Average Daily Volume Last 10 Day5.1M
Average Daily Volume In Three Month6.5M
Date Short InterestJanuary 31, 2020
Fifty Day Average148.52
Two Hundred Day Average136.91

Johnson Johnson Upcoming Events

Johnson Johnson Upcoming Company Events

Upcoming Quarterly Earning ReportApril 21, 2020
Next Earnings ReportJuly 21, 2020
Next Fiscal Quarter EndMarch 31, 2020
Next Fiscal Year EndJanuary 27, 2021
Last Quarter Report DateDecember 31, 2019
Last Earning Anouncement DateMarch 31, 2019
Please see the analysis of Johnson Johnson Correlation with competitors. Please also try World Markets Correlation module to find global opportunities by holding instruments from different markets.