GSI Inventory Turnover from 2010 to 2024

GSIT Stock  USD 2.78  0.25  8.25%   
GSI 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
1.99758891
Current Value
2.23
Quarterly Volatility
0.73011938
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check GSI Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GSI Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 M, Interest Expense of 241.9 K or Total Revenue of 39.8 M, as well as many indicators such as Price To Sales Ratio of 4.15, Dividend Yield of 0.0 or PTB Ratio of 1.77. GSI financial statements analysis is a perfect complement when working with GSI Technology Valuation or Volatility modules.
  
Check out the analysis of GSI Technology Correlation against competitors.
For more information on how to buy GSI Stock please use our How to Invest in GSI Technology guide.

Latest GSI Technology's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of GSI 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. GSI Technology's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GSI 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  

GSI Inventory Turnover Regression Statistics

Arithmetic Mean3.01
Geometric Mean2.93
Coefficient Of Variation24.23
Mean Deviation0.63
Median3.19
Standard Deviation0.73
Sample Variance0.53
Range2.3315
R-Value(0.24)
Mean Square Error0.54
R-Squared0.06
Significance0.39
Slope(0.04)
Total Sum of Squares7.46

GSI Inventory Turnover History

2024 2.23
2023 2.0
2022 1.87
2021 3.19
2020 3.34
2019 4.2
2018 3.49

About GSI Technology Financial Statements

GSI Technology shareholders use historical fundamental indicators, such as Inventory Turnover, to determine how well the company is positioned to perform in the future. Although GSI Technology investors may analyze each financial statement separately, they are all interrelated. The changes in GSI Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on GSI 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 2.00  2.23 

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Additional Tools for GSI Stock Analysis

When running GSI Technology's price analysis, check to measure GSI 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 GSI Technology is operating at the current time. Most of GSI Technology's value examination focuses on studying past and present price action to predict the probability of GSI 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 GSI Technology's price. Additionally, you may evaluate how the addition of GSI Technology to your portfolios can decrease your overall portfolio volatility.