Legacy Inventory Turnover from 2010 to 2024

LGCY Stock  USD 8.42  0.01  0.12%   
Legacy Education Inventory Turnover yearly trend continues to be fairly 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
31.62653759
Current Value
89.71973297
Quarterly Volatility
16.95656646
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Legacy Education financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Legacy Education's main balance sheet or income statement drivers, such as Tax Provision of 1.4 M, Net Interest Income of 807.1 K or Interest Income of 931.2 K, as well as many indicators such as Price To Sales Ratio of 3.69, Dividend Yield of 0.0069 or PTB Ratio of 9.97. Legacy financial statements analysis is a perfect complement when working with Legacy Education Valuation or Volatility modules.
  
Check out the analysis of Legacy Education Correlation against competitors.
For more information on how to buy Legacy Stock please use our How to Invest in Legacy Education guide.

Latest Legacy Education's Inventory Turnover Growth Pattern

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

Legacy Inventory Turnover Regression Statistics

Arithmetic Mean69.82
Geometric Mean67.29
Coefficient Of Variation24.29
Mean Deviation12.37
Median75.11
Standard Deviation16.96
Sample Variance287.53
Range58.0932
R-Value(0.40)
Mean Square Error260.95
R-Squared0.16
Significance0.14
Slope(1.50)
Total Sum of Squares4,025

Legacy Inventory Turnover History

2023 31.63
2022 44.15
2021 40.91
2019 89.72

About Legacy Education Financial Statements

Legacy Education investors use historical fundamental indicators, such as Legacy Education's Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Legacy Education. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 31.63  89.72 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Legacy Stock Analysis

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