Senmiao Inventory Turnover from 2010 to 2024

AIHS Stock  USD 0.93  0.02  2.11%   
Senmiao Technology Inventory Turnover yearly trend continues to be comparatively stable with very little volatility. Inventory Turnover is likely to outpace its year average in 2024. 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
(0.44)
Current Value
(0.42)
Quarterly Volatility
249.33781836
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Senmiao Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Senmiao Technology's main balance sheet or income statement drivers, such as Discontinued Operations of 10.8 M, Depreciation And Amortization of 11.9 M or Selling General Administrative of 4.2 M, as well as many indicators such as Price To Sales Ratio of 1.16, Dividend Yield of 0.0 or PTB Ratio of 0.8. Senmiao financial statements analysis is a perfect complement when working with Senmiao Technology Valuation or Volatility modules.
  
Check out the analysis of Senmiao Technology Correlation against competitors.
For more information on how to buy Senmiao Stock please use our How to Invest in Senmiao Technology guide.

Latest Senmiao Technology's Inventory Turnover Growth Pattern

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

Senmiao Inventory Turnover Regression Statistics

Arithmetic Mean86.99
Geometric Mean16.16
Coefficient Of Variation286.63
Mean Deviation119.98
Median31.62
Standard Deviation249.34
Sample Variance62,169
Range987
R-Value0.28
Mean Square Error61,872
R-Squared0.08
Significance0.32
Slope15.36
Total Sum of Squares870,371

Senmiao Inventory Turnover History

2024 -0.42
2023 -0.44
2022 986.82
2021 22.73
2020 46.66
2019 12.27
2018 1.2

About Senmiao Technology Financial Statements

Senmiao Technology shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Senmiao Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Senmiao Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Senmiao Technology'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
Inventory Turnover(0.44)(0.42)

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Additional Tools for Senmiao Stock Analysis

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