National Inventory Turnover from 2010 to 2024

NSA Stock  USD 42.99  0.67  1.58%   
National Storage's Inventory Turnover is increasing over the years with slightly volatile fluctuation. Overall, Inventory Turnover is expected to go to 0.42 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
0.39968791
Current Value
0.42
Quarterly Volatility
70.14805467
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check National Storage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among National Storage's main balance sheet or income statement drivers, such as Depreciation And Amortization of 548 M, Interest Expense of 174.5 M or Selling General Administrative of 34.9 M, as well as many indicators such as Price To Sales Ratio of 5.63, Dividend Yield of 0.0338 or PTB Ratio of 2.72. National financial statements analysis is a perfect complement when working with National Storage Valuation or Volatility modules.
  
Check out the analysis of National Storage Correlation against competitors.

Latest National Storage's Inventory Turnover Growth Pattern

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

National Inventory Turnover Regression Statistics

Arithmetic Mean(46.36)
Coefficient Of Variation(151.32)
Mean Deviation61.74
Median(7.83)
Standard Deviation70.15
Sample Variance4,921
Range200
R-Value0.68
Mean Square Error2,874
R-Squared0.46
Significance0.01
Slope10.61
Total Sum of Squares68,890

National Inventory Turnover History

2024 0.42
2023 0.4
2022 -5.03
2020 -7.83
2019 -112.6
2018 -7.28
2017 54.31

About National Storage Financial Statements

National Storage stakeholders use historical fundamental indicators, such as National Storage's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although National Storage investors may analyze each financial statement separately, they are all interrelated. For example, changes in National Storage's assets and liabilities are reflected in the revenues and expenses on National Storage's 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 National Storage Affiliates. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 0.40  0.42 

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When determining whether National Storage Aff offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of National Storage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of National Storage Affiliates Stock. Outlined below are crucial reports that will aid in making a well-informed decision on National Storage Affiliates Stock:
Check out the analysis of National Storage Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Self-Storage REITs 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 National Storage. If investors know National 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 National Storage 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
(0.30)
Dividend Share
2.24
Earnings Share
1.74
Revenue Per Share
10.033
Quarterly Revenue Growth
(0.15)
The market value of National Storage Aff is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Storage's value that differs from its market value or its book value, called intrinsic value, which is National Storage's 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 National Storage's market value can be influenced by many factors that don't directly affect National Storage's 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 National Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Storage's 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.