Royal Inventory Turnover from 2010 to 2024

RY Stock  USD 122.27  0.48  0.39%   
Royal Bank Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover will likely drop to -0.0041 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
(0)
Current Value
(0)
Quarterly Volatility
0.00192043
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Royal Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Royal Bank's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.3 B, Interest Expense of 0.0 or Selling General Administrative of 416.7 M, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.0416 or PTB Ratio of 1.51. Royal financial statements analysis is a perfect complement when working with Royal Bank Valuation or Volatility modules.
  
Check out the analysis of Royal Bank Correlation against competitors.

Latest Royal Bank's Inventory Turnover Growth Pattern

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

Royal Inventory Turnover Regression Statistics

Arithmetic Mean(0.01)
Coefficient Of Variation(32.18)
Mean Deviation0
Median(0)
Standard Deviation0
Sample Variance0.00000369
Range0.0042
R-Value0.90
Mean Square Error0.00000075
R-Squared0.81
Slope0.0004
Total Sum of Squares0.000052

Royal Inventory Turnover History

2024 -0.004107
2023 -0.003911
2017 -0.004346
2016 -0.006778

About Royal Bank Financial Statements

Royal Bank investors use historical fundamental indicators, such as Royal Bank'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 Royal Bank. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year

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Additional Tools for Royal Stock Analysis

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