Apogee Days Of Inventory Outstanding from 2010 to 2024

APOG Stock  USD 78.81  5.12  6.10%   
Apogee Enterprises' Days Of Inventory Outstanding is decreasing over the last several years with slightly volatile swings. Days Of Inventory Outstanding is predicted to flatten to 24.28. During the period from 2010 to 2024 Apogee Enterprises Days Of Inventory Outstanding regressed destribution of quarterly values had coefficient of variationof  3.14 and r-value of (0.88). View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
24.67029931
Current Value
24.28448357
Quarterly Volatility
0.79738393
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Apogee Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Apogee Enterprises' main balance sheet or income statement drivers, such as Depreciation And Amortization of 29.7 M, Interest Expense of 3.7 M or Selling General Administrative of 136.9 M, as well as many indicators such as Price To Sales Ratio of 0.58, Dividend Yield of 0.0234 or PTB Ratio of 1.55. Apogee financial statements analysis is a perfect complement when working with Apogee Enterprises Valuation or Volatility modules.
  
Check out the analysis of Apogee Enterprises Correlation against competitors.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.

Latest Apogee Enterprises' Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Apogee Enterprises over the last few years. It is Apogee Enterprises' Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Apogee Enterprises' overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory Outstanding10 Years Trend
Slightly volatile
   Days Of Inventory Outstanding   
       Timeline  

Apogee Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean25.42
Geometric Mean25.41
Coefficient Of Variation3.14
Mean Deviation0.65
Median25.78
Standard Deviation0.80
Sample Variance0.64
Range3.0495
R-Value(0.88)
Mean Square Error0.15
R-Squared0.78
Significance0.000012
Slope(0.16)
Total Sum of Squares8.90

Apogee Days Of Inventory Outstanding History

2024 24.28
2019 24.67
2014 25.78
2011 25.82
2010 27.33

About Apogee Enterprises Financial Statements

Apogee Enterprises stakeholders use historical fundamental indicators, such as Apogee Enterprises' Days Of Inventory Outstanding, to determine how well the company is positioned to perform in the future. Although Apogee Enterprises investors may analyze each financial statement separately, they are all interrelated. For example, changes in Apogee Enterprises' assets and liabilities are reflected in the revenues and expenses on Apogee Enterprises' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Apogee Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 24.67  24.28 

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Additional Information and Resources on Investing in Apogee Stock

When determining whether Apogee Enterprises is a strong investment it is important to analyze Apogee Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Apogee Enterprises' future performance. For an informed investment choice regarding Apogee Stock, refer to the following important reports:
Check out the analysis of Apogee Enterprises Correlation against competitors.
For more detail on how to invest in Apogee Stock please use our How to Invest in Apogee Enterprises guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Apogee Enterprises. If investors know Apogee will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Apogee Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.08)
Dividend Share
0.99
Earnings Share
4.74
Revenue Per Share
62.921
Quarterly Revenue Growth
(0.03)
The market value of Apogee Enterprises is measured differently than its book value, which is the value of Apogee that is recorded on the company's balance sheet. Investors also form their own opinion of Apogee Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Apogee Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Apogee Enterprises' market value can be influenced by many factors that don't directly affect Apogee Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Apogee Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Apogee Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Apogee Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.