Cannae Inventory Turnover from 2010 to 2024

CNNE Stock  USD 18.69  0.45  2.47%   
Cannae Holdings' Inventory Turnover is decreasing over the years with slightly volatile fluctuation. Overall, Inventory Turnover is projected to go to -75.45 this year. 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
(79.42)
Current Value
(75.45)
Quarterly Volatility
58.42208275
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cannae Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cannae Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 49.8 M, Total Revenue of 845.7 M or Gross Profit of 59.8 M, as well as many indicators such as Price To Sales Ratio of 1.91, Dividend Yield of 0.0 or PTB Ratio of 1.23. Cannae financial statements analysis is a perfect complement when working with Cannae Holdings Valuation or Volatility modules.
  
Check out the analysis of Cannae Holdings Correlation against competitors.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.

Latest Cannae Holdings' Inventory Turnover Growth Pattern

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

Cannae Inventory Turnover Regression Statistics

Arithmetic Mean12.79
Coefficient Of Variation456.62
Mean Deviation52.28
Median52.09
Standard Deviation58.42
Sample Variance3,413
Range141
R-Value(0.84)
Mean Square Error1,094
R-Squared0.70
Significance0.000095
Slope(10.95)
Total Sum of Squares47,784

Cannae Inventory Turnover History

2024 -75.45
2023 -79.42
2021 -69.06
2020 -35.18
2019 61.54
2018 52.09
2017 36.84

About Cannae Holdings Financial Statements

Cannae Holdings stakeholders use historical fundamental indicators, such as Cannae Holdings' Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Cannae Holdings investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cannae Holdings' assets and liabilities are reflected in the revenues and expenses on Cannae Holdings' 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 Cannae Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover(79.42)(75.45)

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When determining whether Cannae Holdings is a strong investment it is important to analyze Cannae Holdings' 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 Cannae Holdings' future performance. For an informed investment choice regarding Cannae Stock, refer to the following important reports:
Check out the analysis of Cannae Holdings Correlation against competitors.
For information on how to trade Cannae Stock refer to our How to Trade Cannae Stock guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Multi-Sector Holdings 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 Cannae Holdings. If investors know Cannae 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 Cannae Holdings 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
(0.67)
Dividend Share
0.12
Earnings Share
(6.74)
Revenue Per Share
7.145
Quarterly Revenue Growth
(0.23)
The market value of Cannae Holdings is measured differently than its book value, which is the value of Cannae that is recorded on the company's balance sheet. Investors also form their own opinion of Cannae Holdings' value that differs from its market value or its book value, called intrinsic value, which is Cannae Holdings' 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 Cannae Holdings' market value can be influenced by many factors that don't directly affect Cannae Holdings' 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 Cannae Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cannae Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cannae Holdings' 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.