Digital Inventory Turnover from 2010 to 2024

APPS Stock  USD 1.31  0.09  6.43%   
Digital Turbine 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
(38.55)
Current Value
(36.63)
Quarterly Volatility
334.1359609
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Digital Turbine financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Digital Turbine's main balance sheet or income statement drivers, such as Interest Expense of 32.4 M, Total Revenue of 571.7 M or Research Development of 56.9 M, as well as many indicators such as Price To Sales Ratio of 26.71, Dividend Yield of 0.0014 or PTB Ratio of 12.3. Digital financial statements analysis is a perfect complement when working with Digital Turbine Valuation or Volatility modules.
  
Check out the analysis of Digital Turbine Correlation against competitors.
For more information on how to buy Digital Stock please use our How to Invest in Digital Turbine guide.

Latest Digital Turbine's Inventory Turnover Growth Pattern

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

Digital Inventory Turnover Regression Statistics

Arithmetic Mean229.42
Geometric Mean65.56
Coefficient Of Variation145.65
Mean Deviation267.05
Median71.59
Standard Deviation334.14
Sample Variance111,647
Range1.1K
R-Value0.42
Mean Square Error98,996
R-Squared0.18
Significance0.12
Slope31.40
Total Sum of Squares1.6M

Digital Inventory Turnover History

2024 -36.63
2023 -38.55
2022 691.38
2021 1016.46
2020 532.37
2019 680.34
2018 31.04

About Digital Turbine Financial Statements

Digital Turbine shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Digital Turbine investors may analyze each financial statement separately, they are all interrelated. The changes in Digital Turbine's assets and liabilities, for example, are also reflected in the revenues and expenses on on Digital Turbine'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(38.55)(36.63)

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 Digital Stock Analysis

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